| Submission declined on 23 December 2023 by BuySomeApples (talk). This draft's references do not show that the subject qualifies for a Wikipedia article. In summary, the draft needs multiple published sources that are:
This submission appears to read more like an advertisement than an entry in an encyclopedia. Encyclopedia articles need to be written from a neutral point of view, and should refer to a range of independent, reliable, published sources, not just to materials produced by the creator of the subject being discussed. This is important so that the article can meet Wikipedia's verifiability policy and the notability of the subject can be established. If you still feel that this subject is worthy of inclusion in Wikipedia, please rewrite your submission to comply with these policies.
Where to get help
How to improve a draft
You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Editor resources
|  |
| Submission declined on 29 November 2023 by Aviram7 (talk). Declined by Aviram7 5 months ago. | |
Cloud FinOps, often abbreviated in FinOps, is a discipline born to help the financial management of Cloud Computing. Finance and procurement benefit from implementing FinOps practices as they support the changes from a financially predictable and technically inflexible CapEx model to a more financially unpredictable and more technically flexible OpEx one.[1][2][3].
The standards for FinOps originate from the FinOps Foundation, a not-for-profit that includes the three biggest cloud vendors by market share (AWS, Azure, GCP)[4], three of the Big four accounting firms, and 48 of the Fortune 50 companies[5]
Definition edit
"FinOps is an operational framework and cultural practice which maximizes the business value of cloud, enables timely data-driven decision making, and creates financial accountability through collaboration between engineering, finance, and business teams."[6]
Other definitions exist:
- AWS uses the term Cloud Financial Management[7]
- Google Cloud defines FinOps as An operational framework and cultural shift that brings technology, finance, and business together to drive financial accountability and accelerate business value realization through cloud transformation.[8]
Possible confusion with Financial Operations edit
Cloud FinOps is not Financial Operations, nor is it solely an operating model to cut cloud costs. "FinOps is a portmanteau of “Finance” and “DevOps”[9][6], stressing the communications and collaboration between business and engineering teams. The financial term Financial Operation[10], also abbreviated FinOps, exists and predates Cloud FinOps. When confusion between the terms exist, using Cloud FinOps, as oppose to simply FinOps, allows for a simple clarification.
The origin of the term FinOps edit
From the Cloud FinOps book[11], in the "Where Did FinOps Come From?" section, J.R. Storment first spoke about the concept of FinOps in a DevSecOps talk at an AWS Public Sector Summit in DC in 2016[12]. There is no agreed date on when the term FinOps was first used.
Certifications edit
There are FinOps certifications for individuals available from the FinOps Foundation.[13]
- FinOps Certified Practitioner
- FinOps Certified Professional
- FinOps Certified Engineer
Websites dedicated to FinOps edit
- FinOps.org
- A forum to discuss FinOps topics
- AWS FinOps articles
- Google Cloud FinOps
- FinOps on Azure
- FinOps on Oracle Cloud (not available yet)
Framework edit
There is an open-source FinOps Framework available[14]. The framework is constantly updated from the experience of the community.
The FinOps Framework provides the operating model for how to establish and excel in the practice of FinOps. Like FinOps, the Framework is evolving and informed by community experiences, contributions, and conversations. It’s built by the community, for the community.[14]
References edit
- ^ "Accurate Company Valuations using FinOps Principles". Retrieved 2023-12-06.
- ^ PricewaterhouseCoopers. "Accounting for cloud computing arrangements". PwC. Retrieved 2023-12-11.
- ^ "Capitalising your cloud | Deloitte UK". Deloitte United Kingdom. Retrieved 2023-12-11.
- ^ "Infographic: Amazon Maintains Lead in the Cloud Market". Statista Daily Data. 2023-08-08. Retrieved 2023-11-15.
- ^ "FinOps Foundation Members". Retrieved 2023-11-15.
- ^ a b "FinOps Foundation - What is FinOps?". Retrieved 2023-11-10.
- ^ "Cloud Cost Management - AWS Cloud Financial Management - AWS". Amazon Web Services, Inc. Retrieved 2023-12-11.
- ^ "What is Cloud FinOps?". Google Cloud. Retrieved 2023-11-10.
- ^ "What is FinOps? | IBM". www.ibm.com. Retrieved 2023-12-06.
- ^ BlackLine. "What Are Financial Operations?". BlackLine. Retrieved 2023-12-11.
- ^ "1. What Is FinOps? - Cloud FinOps [Book]". www.oreilly.com. Retrieved 2023-11-14.
- ^ Leveraging Cloud Transformation to Build a DevOps Culture | AWS Public Sector Summit 2016, retrieved 2023-11-14
- ^ "FinOps Certification and Training". FinOps Foundation, a Linux Foundation program. Retrieved 2023-11-15.
- ^ a b "FinOps Framework Overview". Retrieved 2023-11-15.