Save your pocket and more by implementing FinOps! — David Sterz

This talk introduces the FinOps Foundation, established in 2019 to promote best practices in Cloud Financial Management, commonly referred to as FinOps. The session emphasizes the importance of collaboration between finance and development teams, using cost transparency to foster communication among executives, business units, and developers, ultimately enhancing cost efficiency and value maximization. The speaker provides an overview of the FinOps framework and its capabilities, illustrating its application through a case study of a Container Platform team working with various development teams, highlighting the significance of collaboration in successful FinOps implementation.