#finops

#finops

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.

Every year, TechCrunch's Startup Battlefield pitch contest draws thousands of applicants. We whittle those applications down to the top 200 contenders, and of them, the top 20 compete on the big stage to become the winner, taking home the Startup Battlefield Cup and a cash prize of $100,000. But the remaining 180 startups all blew us away as well in their respective categories and compete in their own pitch competition.

C loud computing has now entered its mature adolescence i.e. it's still surprisingly developmental, changeable and occasionally irrational in some areas, but overall it's certainly old enough to know better and should really start behaving properly. With the debate between public and private cloud now long over and the hybrid norm now (mostly) a de facto standard for typical deployments, multi-cloud itself is still an oft misunderstood state of being, with FinOps constantly berating us for waste and inefficiency.

AWS recently announced that its Budgets service now supports an enhancement in Billing View, a change that enables organizations to better manage and monitor cross-account cloud costs. With this new feature, users can create budgets that span multiple member accounts without requiring access to the management account, which helps streamline budget management while maintaining security best practices.