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How to Implement Cloud Finops

How to Implement FinOps In this video, we will discuss the steps to setup FinOps that would touch on the following topics in breif Create a FinOps team: The FinOps team should be responsible for understanding the organization's cloud costs, optimizing the organization's cloud usage, and driving down the organization's cloud bills. Set clear goals: The FinOps team should set clear goals for cost savings, improved visibility, increased agility, improved compliance, and reduced risk. Collect data: The FinOps team should collect data on the organization's cloud costs, usage, and performance. Analyze data: The FinOps team should analyze the data to identify areas where costs can be saved, usage can be optimized, and performance can be improved. Take action: The FinOps team should take action to implement the recommendations from the data analysis. Measure results: The FinOps team should measure the results of the FinOps initiatives to ensure that they are meeting the organization's goals.