A core Principle of FinOps is: Teams need to collaborate. Finance, technology, product, and business teams work together to continuously improve for efficiency and innovation, through timely data-driven decision making.
Key stakeholders across departments form a centralized team to drive FinOps. This team must gain Leadership buy-in, negotiate rates and discounts for resources and services, and help Product and Engineering understand the cost implications of design, architecture, and deployment decisions.
It is not only the FinOps team who perform FinOps activities. All FinOps Personas involved in using, tracking, managing, or directing the use of technology will benefit from working together using the FinOps Framework as an operating model.
Through this collaboration, businesses can discover where value is being created, and where changes must be made to drive more value.
