Gartner Insights Abstract

Beyond FinOps: Empowering Cloud Consumers to Manage Their Public Cloud Costs

Published: 08 July 2024

Summary

Organizations often experience a lack of sense of accountability for cloud spending in engineers, application and data teams. This research helps I&O technical professionals promote an organizationwide culture of cost-consciousness by empowering cloud consumers to manage their public cloud costs.

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Overview

Key Findings
  • Cloud computing drivers such as user autonomy and self-service enable agility, speed and innovation but also create new governance challenges. Users are empowered to make cost-affecting decisions on cloud services but often without financial accountability.

  • Central teams appointed to control and reduce cloud costs often encounter low engagement from engineers and other cloud consumers. They end up chasing and imploring them to follow recommendations, resulting in mounting tensions, uncertain outcomes and dubious ROIs.

  • Empowering cloud consumers to take action in light of budget overruns, anomalies or optimization opportunities helps them understand what cost-effective cloud solutions look like. And, by regularly

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Analysts:

Marco Meinardi

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