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FinOps: Establishing an Operating Model for the Cloud

FinOps: Establishing an Operating Model for the Cloud

AWS’s FinOps model helps organizations manage, optimize, plan, and govern cloud usage and costs effectively. The framework consists of four pillars: “See” for real-time cost visibility and accountability, “Save” for eliminating cloud waste and improving cost efficiency, “Plan” for dynamic budgeting and forecasting, and “Run” for aligning governance and automation with business goals. FinOps drives collaboration across finance, IT, and business teams while improving cost control, agility, and value realization. AWS tools like Cost Explorer, Budgets, and Forecast support these practices, enabling continuous financial operations at scale.

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