India, March 21 -- Companies that want guidance on how to prudently invest in cloud transformation have a new resource they can turn to. A nonprofit organization was formed recently to help spread knowledge and best practices on cloud spending among enterprises. The FinOps Foundation first made its presence known in February with charter members that include software vendor Cloudability, which provides solutions for managing infrastructure as a service costs; enterprise software and application developer Atlassian; and insurer Nationwide. Some of those founding members shared insights on why the organization formed and the knowledge they want to make available to the community.
At the core of this movement is the concept of FinOps, a finan...