Financial Operations for Cloud - practice of bringing financial accountability to cloud spending through collaboration between engineering, finance, and business teams. Like having a budget-conscious mindset where everyone helps optimize cloud costs.
FinOps teams track cloud spending in real-time, set budgets for teams, and optimize resource usage to reduce waste while maintaining performance.
FinOps is an operating model and set of practices, not a single cloud service. All major providers offer cost management, billing, and governance tools that support FinOps workflows (cost allocation, budgets, anomaly detection, and optimization), but FinOps itself is implemented through people, process, and tooling across teams.