Google Cloud announced on Tuesday that it has joined the FinOps Foundation as a premier member.
The FinOps Foundation, a non-profit trade association focused on advancing the people and practice of cloud financial management, received Google Cloud as its first major member among public cloud providers.
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Launched in 2020, Cloud financial operations (FinOps) or cloud financial management is hosted by the Linux Foundation to ensure that organizations get the most value out of every dollar they spend in the public cloud.
Google Cloud has committed to building FinOps data and products for its customers, and will soon release a white paper on how to set up a FinOps practice.
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“FinOps best practices are essential for companies to monitor, analyze, and optimize cloud spend across tens to hundreds of projects that are critical to their business success,” said Yanbing Li, Vice President of Engineering and Product at Google Cloud. “More visibility, efficiency, and tools will enable our customers to improve their cloud deployments and drive greater business value. We are excited to join FinOps Foundation, and together with like-minded organizations, we will shepherd behavioral change throughout the industry.”
As a premier member, Google Cloud Senior Engineering Manager Abuna Demoz will join the FinOps Governing Board as a voting member to help craft foundation strategy and direction. Google Cloud Product Manager Amitai Rottem will join the FinOps Technical Advisory Council as a voting member (alongside Atlassian, Apptio, Nationwide, Pearson, VMware, and others) to help codify FinOps best practices and standards.
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