Latest news with #FinOpsFoundation
Yahoo
5 hours ago
- Business
- Yahoo
FinOps Foundation Launches "FinOps for AI" Training Series and Certification
FinOps for AI helps practitioners manage their accelerating AI spend SAN DIEGO, June 3, 2025 /PRNewswire/ -- The FinOps Foundation, a project of the Linux Foundation dedicated to advancing FinOps practitioners, today announced at the annual FinOps X conference the launch of "FinOps Certified: FinOps for AI," the formal training and certification series designed to help FinOps practitioners understand, manage, and optimize AI-related cloud spend. The new training and certification joins the FinOps Foundation's growing portfolio of globally recognized credentials, including FinOps Certified Practitioner and FinOps Certified Professional, which have collectively trained thousands of FinOps practitioners across more than 100 countries. "FinOps teams are being asked to manage accelerating AI spend to allocate its cost, forecast its growth and ultimately show its value back to the business. But the speed and complexity of the data makes this a moving target, and cost overruns in AI can slow innovation when not well managed," said J.R. Storment, Executive Director of the FinOps Foundation. "This new certification provides a structured path to help cloud and FinOps teams gain confidence managing the unique cost dynamics of AI services." FinOps for the Age of AI FinOps Certified: FinOps for AI Certification is a four-part education series for forward-looking FinOps practitioners who want to stay ahead of the curve and lead their organizations through the wave of AI growth with cost management and business value in mind. Content will be released in phases to enable immediate learning and keep pace with an industry that's constantly evolving: Introduction to FinOps for AI - Available immediately FinOps for AI Trained: Level 1 - Available in September 2025 FinOps for AI Trained: Level 2 - Available in November 2025 FinOps for AI Trained: Level 3 - Available in January 2026 The curriculum addresses both foundational and advanced topics, including AI-specific cost allocation, chargeback models, workload optimization, unit economics and sustainability. Practitioners will also learn how to govern AI investments, forecast usage, and align financial strategies with fast-moving AI innovation. After completing the foundation of all three levels, learners will be eligible to take the FinOps Certified: FinOps for AI certification exam starting in March 2026. Certification holders will be able to demonstrate a full understanding of FinOps for AI in time for FinOps X 2026. FinOps Foundation certifications have been adopted by enterprises, consultancies and platform vendors around the world. The addition of FinOps for AI reflects the Foundation's continued mission to advance practitioners as new technologies and new cost challenges emerge. To learn more, please visit About The FinOps FoundationThe FinOps Foundation is a non-profit trade association focused on advancing the people who manage the value of cloud. It is made up of tens of thousands of FinOps practitioners, service providers and cloud technology providers including those in 93 of the Fortune 100. Grounded in real-world stories, the FinOps Foundation delivers connections to peers, certification, and open source best practices through programs like FinOps Certified Practitioner, the annual FinOps X conference, a FinOps Certified Enterprise program, and FOCUS (FinOps Open Cost & Usage Specification). Media Contactpr@ View original content to download multimedia: SOURCE FinOps Foundation Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
7 hours ago
- Business
- Business Wire
DoiT Appoints Amit Kinha as Field Chief Technology Officer
SANTA CLARA, Calif.--(BUSINESS WIRE)-- DoiT, a global leader in enterprise-grade FinOps and cloud financial management, today announced the appointment of Amit Kinha as field chief technology officer (Field CTO). In this role, Kinha will guide the DoiT Cloud Intelligence™ vision, roadmap and champion FinOps best practices across the industry. His leadership will ensure that FinOps practitioners and business leaders alike have the actionable insights they need to extract maximum value from every cloud workload. Kinha joins from Citigroup, where he was director of cloud FinOps, leading product and engineering efforts to build in-house FinOps tooling, optimize multi-cloud spend and shape the company's broader cloud strategy. Prior to Citigroup, he spent seven years at Goldman Sachs as a software engineer, where he helped deliver flagship projects, including the Apple Card and Marcus. 'Amit possesses formidable FinOps experience, along with a vision that anticipates and ushers in the future of cloud platforms,' said Vadim Solovey, chief executive officer at DoiT. 'This is the type of world-class talent and expertise driving our technology development. As we move forward, we're confident Amit's leadership will ensure DoiT remains out front in bringing the most effective FinOps tools to market.' An active force in the global FinOps community, Kinha has spoken at FinOps Foundation events, including the NYC Roadshow and FinOps X. He also serves as a FinOps Ambassador and contributes to the evolution of the FinOps FOCUS standard as a member of its Steering Committee. 'FinOps isn't just about cost anymore—it's about control, speed and unlocking smarter decisions at scale,' said Kinha. 'DoiT is rewriting the rules of what's possible in cloud financial management. I'm excited to help shape a platform that doesn't just react to cloud spend—it predicts, governs and elevates cloud strategy into a business advantage.' The DoiT Cloud Intelligence platform was built from the ground up to address the complexities and demands of the Cloud+ era—where mere cost visibility and analytics for cloud spend alone are no longer sufficient, and true efficiency requires understanding the intent and resource behind any workload, managing its risks and enabling action at scale. The DoiT platform enables FinOps-focused organizations to thrive in the Cloud+ era. It is also certified by the FinOps Foundation, the highest recognition offered by the organization. To learn more, please visit About DoiT DoiT is a global leader with its DoiT Cloud Intelligence™ platform, providing intent-aware FinOps solutions that help businesses maximize the impact of their cloud investments. With deep expertise in AWS, Google Cloud and Azure, DoiT Cloud Intelligence empowers to connect every dollar spent to the goals of each workload, go beyond surface metrics to uncover the root causes of inefficiency and close the loop with engineering teams to drive real optimization. With full-stack telemetry and contextualized insights, DoiT enables smarter spending, faster innovation and greater business outcomes.
Miami Herald
a day ago
- Business
- Miami Herald
CoreStack Unveils FinOps+
Revolutionizing Cloud Financial Governance for a New Era of Digital Accountability and Innovation BELLEVUE, WA / ACCESS Newswire / June 2, 2025 / CoreStack, the global leader in AI-powered NextGen Cloud Governance, today announced the official launch of FinOps+ , a transformational financial governance platform designed to redefine how enterprises and partners manage, optimize, and monetize their cloud investments. By combining intelligent automation, financial transparency, and strategic control, FinOps+ turns cloud complexity into competitive advantage. As cloud investments surge-projected to exceed $1 trillion globally by 2030-organizations face a pivotal challenge: achieving financial accountability without sacrificing innovation. FinOps+ addresses this challenge head-on , equipping CIOs, CFOs, and cloud leaders with AI-native tools to govern cloud spend dynamically, drive operational efficiency, and align IT investments to strategic business outcomes. " With FinOps+, we're not just managing cloud costs-we're transforming cloud finance into a strategic force multiplier. This platform empowers CIOs and CFOs to govern with precision, innovate without waste, and link every dollar of cloud spend directly to business value."- Ezhilarasan Natarajan, CEO, CoreStack Comprehensive Intelligence Across the FinOps Lifecycle Built on the FinOps Foundation framework and aligned with FOCUS standards , CoreStack FinOps+ delivers full-lifecycle financial governance across all FinOps lifecycle phases, domains and capabilities: INFORM - Business-aware dashboards, real-time unit-level views, and AI-powered anomaly detection turn raw data into actionable - AI identifies waste, enables rightsizing, and produces seasonality-aware forecasts, ensuring agility without budget - Automated chargeback/showback, policy-integrated workflows, and multi-tier governance models empower scale with precision. Tailored for Enterprise Resilience and Partner Growth FinOps+ is purpose-built and future-ready for tomorrow's AI infused multi-cloud world: Enterprises gain unified cost visibility across AWS, Azure, GCP, OCI, and SaaS-plus insight into emerging AI workloads including OpenAI, Bedrock, and Azure AI-to govern innovation spend with benefit from multi-tenant management, margin optimization, automated rerating, and FinOps-as-a-Service enablement-allowing them to scale revenue without expanding overhead. " CoreStack FinOps+ gave us powerful visibility and cost control across our cloud landscape. We've reduced onboarding time by 70%, eliminated waste, and created entirely new revenue opportunities through FinOps-as-a-Service."- Anthony Bonetti, Cloud Program Manager, ConRes Discover the Future of Financial Cloud Governance Explore how CoreStack FinOps+ can transform your cloud financial operations at: SOURCE: CoreStack Inc. press release
Techday NZ
5 days ago
- Business
- Techday NZ
Stacklet unveils AI-led cloud tools to speed up cost savings
Stacklet has introduced new AI-driven features to its cloud usage optimisation and governance platform, prioritising faster transitions from cost insight to savings. The key enhancement is the rollout of Jun0, an AI assistant designed to facilitate agentic experiences for FinOps and engineering teams. The company states that these advances help teams reduce their Mean Time to Savings (MTTS) by enabling preventative policies and streamlined remedial actions. The new features are anchored by the launch of the Cloud Action Center, which provides resource owners with tools to act promptly on savings opportunities. The platform integrates with widely used collaboration tools such as Slack and Jira, aiming to reduce resource wastage and increase accountability. Data from the FinOps Foundation's State of FinOps report was cited by Stacklet to underline growing industry concerns over cloud wastage, with waste reduction remaining the top priority for FinOps teams for the last two years. The 2025 edition of the report identifies scalable policy and governance as the next primary concern, emphasising the challenge of achieving enduring savings across complex engineering environments. Stacklet describes its approach as shifting away from reactive, reporting-focused tools towards a model that prioritises actionable outcomes through developer-friendly remediation and preventative policy enforcement. The enhancements to the platform are intended to increase developer engagement, accelerate MTTS, and deliver continuous optimisation at scale via policy-driven workflows. Lindbergh Matillano, Director Cloud Optimization at Avalara, stated, "Stacklet has helped us save millions of dollars by driving action across multiple engineering teams and reducing our Mean Time to Savings. Its developer-friendly approach to FinOps governance as code has already made it a hit with our engineering teams. The new agentic experience in Jun0 builds on that foundation—making it even easier to surface and act on optimisation opportunities, reduce time to action to one-sixth of what it was, and deliver measurable results through features like Cloud Action Center and Campaigns." The update introduces several elements: an AI agent for FinOps and engineering that enables users to dry-run policies, query cost data, and take actions using natural language; the Cloud Action Center with integration options; usage optimisation campaigns that coordinate savings efforts; and an MTTS Tracker to analyse and improve the process from cost insight to verified saving. Travis Stanfield, Co-Founder and Chief Executive Officer at Stacklet, commented, "We built Stacklet to go beyond visibility—to help teams take action and lower their Mean Time to Savings. With these new capabilities, including agentic AI, users—whether in FinOps or engineering—can drive policy and cost changes, accelerate outcomes, and scale governance like never before." Stacklet has indicated that the platform's latest features will offer preview access to selected users. The new tools are framed as solutions to persistent challenges in cloud waste reduction and policy enforcement, aiming to foster a more actionable and accountable operational environment for engineering and FinOps practitioners. Follow us on: Share on:
Channel Post MEA
24-03-2025
- Business
- Channel Post MEA
84% of Organizations Struggle to Manage Cloud Spend
Flexera has announced the release of its 2025 State of the Cloud Report. The 14th annual report, which polled more than 750 technical professionals and executive leaders worldwide who were involved in the use of cloud, uncovered that 84% of respondents believe that managing cloud spend is the top cloud challenge for organizations today. With cloud spend expected to increase by 28% in the coming year, the report findings suggest that many respondents are rethinking their existing cloud cost management strategies. As organizations continue to invest in artificial intelligence (AI), nearly one-third (33%) of organizations are spending more than $12 million annually on the public cloud alone. With cloud budgets already exceeding limits by 17%, organizations are increasingly turning to managed service providers (60%) and expanding use of their FinOps teams to regain control over spending (59%). In fact, the number of respondents that use, or plan to use, a FinOps team increased by eight percentage points year over year. 'AI is in its prime with no indication of losing momentum,' said Jay Litkey, Senior Vice President of Cloud and FinOps at Flexera and Governing Board Member at the FinOps Foundation. 'I suspect we'll see further acceleration of AI use as more organizations embrace their own AI investments and technology vendors introduce agentic AI into their existing toolsets. To stay on budget and accurately forecast for future needs, organizations need to fine-tune how to track and manage their cloud spend and use with FinOps now—or risk a significantly wasted investment.' While estimated wasted cloud spend is falling, the adoption of AI-related public cloud services is rising. In addition to an increase in the use of data warehouse services (76%), often leveraged to feed AI models, generative AI (GenAI) public cloud services use is booming with 72% of organizations reportedly using the technology either extensively or sparingly, as compared to 47% in 2024. 'FinOps is taking center stage as many enterprises prepare for the onslaught of AI services to eat away at their cloud resources and budgets,' said Becky Trevino, Chief Product Officer at Flexera. 'As we're witnessing an increase in FinOps adoption, we're simultaneously seeing estimated wasted cloud spend trending downward. This illustrates the power and promise of FinOps practices, proving it is a winning strategy for organizations worldwide.' Additional key findings include: Cloud repatriation is starting to slowly unfold. Today, analysts and experts have indicated that some organizations are moving their workloads back to non-cloud environments (their own data centers and/or co-located/hosted environments). While this is beginning to happen, only a minority (21%) of cloud workloads have been repatriated. However, the ongoing migration to the cloud and net-new cloud workloads outstrip these cloud exits, resulting in continued cloud growth. Today, analysts and experts have indicated that some organizations are moving their workloads back to non-cloud environments (their own data centers and/or co-located/hosted environments). While this beginning to happen, only a minority (21%) of cloud workloads have been repatriated. However, the ongoing migration to the cloud and net-new cloud workloads outstrip these cloud exits, resulting in continued cloud growth. Cloud sustainability initiatives are becoming top-of-mind. Organizations are highly focused on fine-tuning their sustainability practices. Over half (57%) of respondents reported they have, or plan to have, a defined sustainability initiative in place within twelve months, including carbon footprint tracking of cloud use. Regardless, saving money is still top of mind given 57% said cost optimization takes priority over sustainability. Organizations are highly focused on fine-tuning their sustainability practices. Over half (57%) of respondents reported they have, or plan to have, a defined sustainability initiative in place within twelve months, including carbon footprint tracking of cloud use. Regardless, saving money is still top of mind given 57% said cost optimization takes priority over sustainability. Cost efficiency continues to be the shining metric. Eighty-seven percent of respondents indicated that cost efficiency/savings is the number one metric used for assessing progress against cloud goals for the sixth year in a row, a 22-point increase from 2024. Organizations are also focused on the volume of workloads migrated (up from 36% in 2024 to 78% in 2025), and cost avoidance, which saw an uptick from 28% to 64%. This continues to validate the narrative that more workloads are moving to—or being developed in—the cloud, making a case for increased cost optimization tools. Eighty-seven percent of respondents indicated that cost efficiency/savings is the number one metric used for assessing progress against cloud goals for the sixth year in a row, a 22-point increase from 2024. Organizations are also focused on the volume of workloads migrated (up from 36% in 2024 to 78% in 2025), and cost avoidance, which saw an uptick from 28% to 64%. This continues to validate the narrative that more workloads are moving to—or being developed in—the cloud, making a case for increased cost optimization tools. Organizations are extending the scope of cloud costs to SaaS and software licensing. Those responsible for managing cloud use and costs are increasingly expanding their world beyond public cloud (IaaS/PaaS) to more effectively balance costs, usage and future spend. Seventy-nine percent of respondents indicated that they are now involved in cloud software decisions, with 69% involved in managing use and/or cost of SaaS applications and 64% are managing the use and/or costs of cloud licenses (or software running in the cloud). Those responsible for managing cloud use and costs are increasingly expanding their world beyond public cloud (IaaS/PaaS) to more effectively balance costs, usage and future spend. Seventy-nine percent of respondents indicated that they are now involved in cloud software decisions, with 69% involved in managing use and/or cost of SaaS applications and 64% are managing the use and/or costs of cloud licenses (or software running in the cloud). Amazon Web Services (AWS) and Microsoft Azure competition remains heated. According to those surveyed, AWS and Azure continue to compete for the top spot regarding public cloud adoption. Recent data shows that AWS maintains a lead among SMBs—53% of SMBs reportedly use AWS, compared to 29% leveraging Azure. Google Cloud Platform holds the third spot, with just under half (46%) of all organizations running some or significant workloads on it. 0 0
