J.R. Storment
FinOps Foundation
July 10, 2024 | Article: 5-minute read, 90-minute watch
Key Insight: The 2024 Day 2 Keynotes brought something brand new to FinOps X: feature announcements from the three largest clouds. Google Cloud, Microsoft, and AWS all announced support for FOCUS 1.0 with native billing exports, and revealed a number of important enhancements for FinOps Practitioners.
Also on Day 2, American Express shared challenges they face on their FinOps journey, and Mike Fuller, CTO at the FinOps Foundation, discussed key considerations around FinOps tooling and services.
Keena Blunschi and Noreen Dever from American Express opened with a look at their accelerated FinOps journey and what awaits them as they scale their multi-cloud footprint and better integrate infrastructure and finance.
Acquisitions and the integration of GenAI have increased the need for FinOps at American Express and accelerated the value that FinOps brings. Forecasting remains top of mind, and looking ahead, AMEX hopes to bring more financial terminology to FinOps reporting.
Watch at 2:56: Keena Blunschi and Noreen Dever from American Express: Infrastructure Meets Finance
Mike Fuller, CTO at the FinOps Foundation, gives FinOps Practitioners guidance on navigating and understanding the FinOps Tooling & Services ecosystem. Mike lays out the array of choices in the market, key considerations when making tooling and services decisions, and how to avoid looking for a “mythical creature.” Instead, look for the right combination of building and buying solutions that best meets your needs.
Watch at 24:42: Mike Fuller from the FinOps Foundation: Tooling & Services Ecosystem
Additional information:
On Day 1, the three largest IaaS providers shared the stage for a cloud panel where they discussed FOCUS and their shared commitment to its success. On Day 2, Google Cloud, Microsoft, and AWS returned to the stage with back-to-back major FinOps releases from each respective Cloud. Read the full summary and watch Microsoft, Google, and AWS share their updates.
