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Convincing your Company to Adopt FinOps

Blog post from Vantage

Post Details
Company
Date Published
Author
Dann Berg
Word Count
1,076
Language
English
Hacker News Points
-
Summary

Adopting a FinOps culture within a company involves more than just urging engineers to implement cost-saving measures; it requires fostering a culture of transparency and collaboration between finance and engineering teams. The article emphasizes that FinOps is fundamentally about culture and information sharing, rather than simply prompting engineering actions for cost optimization. It suggests that while engineers can be empowered by having access to cost data, the true challenge lies in building an open FinOps culture where such empowerment leads to meaningful action. This involves openly sharing spend data and context with engineers, debunking fears that transparency will distract them or lead to undesirable behavior. Additionally, establishing Working Groups composed of various team members can encourage ongoing collaboration and facilitate the sharing of successful FinOps practices across the organization. This approach shifts the focus from individual practitioners dictating optimizations to fostering an environment where teams collaborate for long-term cost efficiency and optimization.