FinOps is the cloud operation model that consolidates finance and IT, just like DevOps synergizes developers and operations. FinOps can revolutionize accounting in the cloud age of business, by enabling enterprises to understand cloud costs, budgeting, and procurements from a technical perspective.
Amazon Web Service’s Cost Anomaly Detection is a complimentary service that screens your spending trends to identify anomalous spending and provide in-depth cause analysis. Cost Anomaly detection helps to reduce unexpected cost surprises for customers.
Cost optimization of IT resources is one of the benefits that first attracts enterprises to the cloud. CFOs and CEOs love how converting CapEx to a more easily managed and predictable OpEx can help them gain tighter control over finances and free up capital for other investments.
