{"id":6405,"date":"2024-03-12T23:16:45","date_gmt":"2024-03-12T13:16:45","guid":{"rendered":"https:\/\/sysmit.com\/cf22\/?p=6405"},"modified":"2024-03-12T23:16:46","modified_gmt":"2024-03-12T13:16:46","slug":"intro-to-finops","status":"publish","type":"post","link":"https:\/\/sysmit.com\/cf22\/intro-to-finops\/","title":{"rendered":"#31 Intro to FinOps (with Ajay Chankramath)"},"content":{"rendered":"\n<p><strong><span class=\"stk-highlight\" style=\"color: var(--base-3);background-color: var(--contrast-3)\">Episode 31 [SREpath Podcast]<\/span><\/strong><\/p>\n\n\n<div class=\"gb-grid-wrapper gb-grid-wrapper-0de1a18b\">\n<div class=\"gb-grid-column gb-grid-column-fe753567\"><div class=\"gb-container gb-container-fe753567\">\n\n<iframe style=\"border-radius:12px\" src=\"https:\/\/open.spotify.com\/embed\/episode\/5XqYkQAZNTfdlDR894S5I0?utm_source=generator&#038;t=0\" width=\"100%\" height=\"152\" frameBorder=\"0\" allowfullscreen=\"\" allow=\"autoplay; clipboard-write; encrypted-media; fullscreen; picture-in-picture\" loading=\"lazy\"><\/iframe>\n\n<\/div><\/div>\n<\/div>\n\n<h2 class=\"wp-block-heading\" id=\"show-notes\">Show notes<\/h2>\n\n\n<p>FinOps is on the tip of many tongues in the software space right now, as we try to curb our costs in all areas.<\/p>\n\n\n\n<p>Ajay Chankramath has had a head start on this topic, having given talks on FinOps at conferences like the DevOps Enterprise Summit (DOES) among others. <\/p>\n\n\n\n<p>He is the Head of Platform Engineering at ThoughtWorks North America, an innovator consulting group. His peers like Martin Fowler and Neal Ford have originated ideas like refactoring, microservices, and more.<\/p>\n\n\n\n<p>He shared practical advice for avoiding a harsh, restrictive cost control approach and instead taking a holistic financial view of your software operations. <\/p>\n\n\n\n<p>You can <a href=\"https:\/\/www.linkedin.com\/in\/chankramath\/\">connect with Ajay via LinkedIn <\/a><\/p>\n\n\n<h2 class=\"wp-block-heading\" id=\"key-concepts-we-explored\">Key concepts we explored<\/h2>\n\n\n<p>Our conversation touched on fascinating FinOps concepts like:<\/p>\n\n\n\n<ol>\n<li><strong>FinOps is Collaboration for Business Growth<\/strong>. We talked about which other functions are critical to support software and engineering teams to optimize cloud usage for scalability and reinvestment in business growth.<\/li>\n\n\n\n<li><strong>Balancing Cloud Cost with Business Value<\/strong>. We explored the need to differentiate between cloud cost reduction and FinOps, the latter focusing on optimizing cloud usage for business value rather than simply minimizing costs.<\/li>\n\n\n\n<li><strong>Core Principles of FinOps<\/strong>: Ajay covered a few of the core FinOps principles such as clear ownership, collaboration, centralized governance, business value justification, accessible reporting, and variable cost models.<\/li>\n\n\n\n<li><strong>Cultivating Cultural Transformation<\/strong>: We agreed that you need to have cultural transformation within the organization that changes mindsets and processes to align with FinOps principles and goals.<\/li>\n<\/ol>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>You will not want to miss Ajay&#8217;s insights that can impact your team and organization&#8217;s cost base.<\/p>\n\n\n\n<p>In&nbsp;<a href=\"#\">Episode #31 of the SREpath podcast, Ajay Chankramath shares his wisdom on managing cloud costs<\/a>&nbsp;[Spotify link]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Episode 31 [SREpath Podcast] Show notes FinOps is on the tip of many tongues in the software space right now, as we try to curb our costs in all areas. Ajay Chankramath has had a head start on this topic, having given talks on FinOps at conferences like the DevOps Enterprise Summit (DOES) among others. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[85],"_links":{"self":[{"href":"https:\/\/sysmit.com\/cf22\/wp-json\/wp\/v2\/posts\/6405"}],"collection":[{"href":"https:\/\/sysmit.com\/cf22\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sysmit.com\/cf22\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sysmit.com\/cf22\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sysmit.com\/cf22\/wp-json\/wp\/v2\/comments?post=6405"}],"version-history":[{"count":4,"href":"https:\/\/sysmit.com\/cf22\/wp-json\/wp\/v2\/posts\/6405\/revisions"}],"predecessor-version":[{"id":6438,"href":"https:\/\/sysmit.com\/cf22\/wp-json\/wp\/v2\/posts\/6405\/revisions\/6438"}],"wp:attachment":[{"href":"https:\/\/sysmit.com\/cf22\/wp-json\/wp\/v2\/media?parent=6405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sysmit.com\/cf22\/wp-json\/wp\/v2\/categories?post=6405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sysmit.com\/cf22\/wp-json\/wp\/v2\/tags?post=6405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}