Financial Operations
Financial Operations (FinOps) is a cloud financial management discipline and cultural practice that enables organizations to get maximum business value by helping engineering, finance, and business teams collaborate on data-driven spending decisions. It focuses on optimizing cloud costs through accountability, transparency, and continuous improvement while balancing speed, cost, and quality. FinOps involves processes, tools, and best practices to manage and forecast cloud expenditure effectively.
Developers should learn FinOps to contribute to cost-efficient cloud architecture and operations, especially in organizations using public cloud services like AWS, Azure, or GCP where costs can spiral without oversight. It's crucial for roles involving DevOps, SRE, or cloud engineering to align technical decisions with financial goals, enabling better budgeting, resource optimization, and avoiding waste in scalable environments.