FinOps shifts to AI cost management and SaaS optimization

"Managing AI spending has become commonplace. Two years ago, 31 percent of organizations managed AI spending; today, 98 percent do. This is according to research by the FinOps Foundation. It shows that FinOps has definitively shifted from pure cloud management to broad technology value management. AI cost management is now a top priority, while AI value management is the most sought-after skill within teams."

"The discipline now extends far beyond just the cloud. Nine out of ten professionals are being asked to manage SaaS, an increase of 65 percent last year. Licensing (64 percent, up from 49 percent), private cloud (57 percent, up from 39 percent), and data centers (48 percent) are also increasingly falling under FinOps. Shift to executive level FinOps teams are increasingly reporting directly to the CTO or CIO. 78 percent of teams now report to these executives, up 18 percent."

Managing AI spending is now commonplace: 98% manage AI spending compared with 31% two years ago. FinOps shifted from pure cloud management to broad technology value management. AI cost management is a top priority, and AI value management is the most sought-after team skill. Many organizations are tasked with financing AI investments through efficiency gains, directly linking FinOps to strategic AI implementation. FinOps responsibilities now extend beyond cloud to SaaS, licensing, private cloud, and data center management, with notable percentage increases. FinOps teams increasingly report to CTOs/CIOs and wield more influence over vendor, cloud service, provider, and placement decisions.

Read at Techzine Global