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SoniaCuff
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Mar 08, 2024

State of FinOps - 2024 Report

The FinOps Foundation have published the results of their annual survey, the State of FinOps:

The summary includes:
- New key priorities of reducing waste and managing commitments, mirroring economic uncertainty

- Though a top priority, majority heavily optimize only compute spend, leaving further efficiency opportunities
- Forecasting capabilities need to improve considerably
- Engineering persona getting the most value out of both FinOps training and self-service reporting
- The cost of AI is affecting large spenders, but is still on the horizon for others
- Intersection with sustainability teams is expected to increase considerably, very few are working together today
- Humans are still in the loop for most automation


Read more about the insights here: https://www.finops.org/insights/key-priorities-shift-in-2024/

Does this survey reflect what you're seeing as priorities and challenges in your own organization? 

 

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