Arlington, Virginia - As restaurants risk dramatic drops in sales or outright closure amid the COVID-19 pandemic, some businesses are encouraging customers to pay with credit or debit card, while others are introducing no cash policies to limit the exchange of germs during transactions. FinOps counts. There can be no simpler sentence in cloud computing, even ‘cloud is flexible’ takes three words.
Now that more than four in five enterprise organizations have a FinOps team, department or at least one individual champion , FinOps should be all set to go mainstream and help control cloud consumption in ways never before possible, right? Yes and no, it is a warmly welcomed development, but there are challenges.Like cloud itself , FinOps needs to evolve and grow. Inside many organizations, there are hurdles related to making the mechanics of FinOps flourish.
“FinOps has rapidly evolved from a niche concept to a critical discipline embraced by organizations worldwide,” said Kyle Campos, CTO of CloudBolt Software. “While there are challenges to overcome, the growing adoption of FinOps teams and the increasing recognition of its strategic importance demonstrate the market need and potential.
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