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Google Cloud today announced that it is joining the FinOps Foundation as a Premier Member.
The FinOps Foundation is a relatively new open-source foundation, hosted by the Linux Foundation, that launched last year. It aims to bring together companies in the ācloud financial managementā space to establish best practices and standards. As the term implies, ācloud financial management,ā is about the tools and practices that help businesses manage and budget their cloud spend. Thereās a reason, after all, that there are a number of successful startups that do nothing else but help businesses optimize their cloud spend (and ideally lower it).
Maybe itās no surprise that the FinOps Foundation was born out of Cloudabilityās quarterly Customer Advisory Board meetings. Until now, CloudHealth by VMware was the Foundationās only Premiere Member among its vendor members. Other members include Cloudability, Densify, Kubecost and SoftwareOne. With Google Cloud, the Foundation has now signed up its first major cloud provider.
āFinOps best practices are essential for companies to monitor, analyze, and optimize cloud spend across tens to hundreds of projects that are critical to their business success,ā said Yanbing Li, Vice President of Engineering and Product at Google Cloud. āMore visibility, efficiency, and tools will enable our customers to improve their cloud deployments and drive greater business value. We are excited to join FinOps Foundation, and together with like-minded organizations, we will shepherd behavioral change throughout the industry.ā
Google Cloud has already committed to sending members to some of the Foundationās various Special Interest Groups (SIGs) and Working Groups to āhelp drive open source standards for cloud financial management.ā
āThe practitioners in the FinOps Foundation greatly benefit when market leaders like Google Cloud invest resources and align their product offerings to FinOps principles and standards,ā said J.R. Storment, Executive Director of the FinOps Foundation. āWe are thrilled to see Google Cloud increase its commitment to the FinOps Foundation, joining VMware as the 2nd of 3 dedicated Premier Member Technical Advisory Council seats.ā
Continue readingā¦
The FinOps Foundation is a relatively new open-source foundation, hosted by the Linux Foundation, that launched last year. It aims to bring together companies in the ācloud financial managementā space to establish best practices and standards. As the term implies, ācloud financial management,ā is about the tools and practices that help businesses manage and budget their cloud spend. Thereās a reason, after all, that there are a number of successful startups that do nothing else but help businesses optimize their cloud spend (and ideally lower it).
Maybe itās no surprise that the FinOps Foundation was born out of Cloudabilityās quarterly Customer Advisory Board meetings. Until now, CloudHealth by VMware was the Foundationās only Premiere Member among its vendor members. Other members include Cloudability, Densify, Kubecost and SoftwareOne. With Google Cloud, the Foundation has now signed up its first major cloud provider.
āFinOps best practices are essential for companies to monitor, analyze, and optimize cloud spend across tens to hundreds of projects that are critical to their business success,ā said Yanbing Li, Vice President of Engineering and Product at Google Cloud. āMore visibility, efficiency, and tools will enable our customers to improve their cloud deployments and drive greater business value. We are excited to join FinOps Foundation, and together with like-minded organizations, we will shepherd behavioral change throughout the industry.ā
Google Cloud has already committed to sending members to some of the Foundationās various Special Interest Groups (SIGs) and Working Groups to āhelp drive open source standards for cloud financial management.ā
āThe practitioners in the FinOps Foundation greatly benefit when market leaders like Google Cloud invest resources and align their product offerings to FinOps principles and standards,ā said J.R. Storment, Executive Director of the FinOps Foundation. āWe are thrilled to see Google Cloud increase its commitment to the FinOps Foundation, joining VMware as the 2nd of 3 dedicated Premier Member Technical Advisory Council seats.ā
Continue readingā¦