What is AWS FinOps?

AWS FinOps, short for Financial Operations, is a discipline that combines financial management with cloud operations to help organizations optimize and manage their cloud spending on Amazon Web Services (AWS). It involves practices such as budgeting, forecasting, cost allocation, and continuous monitoring to ensure efficient use of cloud resources. AWS FinOps teams work to promote cost transparency, accountability, and collaboration between finance, engineering, and business teams, enabling organizations to maximize value from their cloud investments.