Summary Bullets:

• Technology providers look to FinOps to answer mounting cloud cost concerns.

• GlobalData releases new state of the market report including Google, AWS, Microsoft, IBM, Oracle, Red Hat.

After only just coming into focus a couple years ago, FinOps is now becoming standard practice among global enterprises. DevOps teams are under increased pressure to verify that modern applications are being deployed in the most efficient and cost-effective manner through advanced monitoring and cost optimization tools. Ensuring this level of insight and best practices into how resources are being allocated, consumed, and managed has not been easily achieved, however, making it difficult to effectively economize new digitization investments.

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