Expert Perspectives

Squire provides complete and personalized accounting solutions to meet your individual needs.

Expert Perspectives

Squire provides complete and personalized accounting solutions to meet your individual needs.

Integrating FinOps with DevOps for Efficient Cloud Management

By: Shane Edwards, Partner, Certified FinOps Expert

In the rapidly evolving world of cloud computing, efficient management of resources and costs is more critical than ever. 

Combining principles from multiple disciplines can be an effective way to maximize ROI and get the most out of cloud computing.

Two sets of practices, DevOps and FinOps, can work seamlessly to create a comprehensive Cloud management plan. Squire’s certified Cloud experts can help with this cross-functional process.

Understanding DevOps and FinOps

What is DevOps?

DevOps is a set of practices that combines software development (Dev) and IT operations (Ops). These practices aim to shorten the development lifecycle and deliver high-quality software on a continuous basis. Key principles of DevOps include automation, continuous integration and continuous delivery (CI/CD), and collaboration across teams. 

The benefits of DevOps for organizations are well-documented: faster time-to-market, improved deployment frequency, and enhanced product quality.

What is FinOps?

FinOps is a practice and culture that brings financial accountability to the variable spend model of cloud computing. It enables organizations to get maximum business value by helping engineering, finance, and business teams collaborate on data-driven spending decisions. 

FinOps practices include cloud cost management, budget forecasting, and resource optimization, all aimed at ensuring cost efficiency and financial accountability.

Integrating FinOps into DevOps

Getting Everyone On Board

The first step in integrating FinOps with DevOps is building a collaborative culture. This involves bridging the gap between engineering and finance teams, promoting open communication, and fostering a shared sense of responsibility. Teams should work together towards common goals and understand each other’s priorities and challenges.

Process Integration

To achieve seamless integration, organizations need to align FinOps practices with DevOps workflows. This includes establishing shared goals and key performance indicators (KPIs) that measure both operational efficiency and cost-effectiveness. Processes such as cost allocation, budgeting, and forecasting should be integrated into the development pipeline, enabling continuous cost monitoring and optimization.

Tools and Tech

Several tools support the integration of DevOps and FinOps. These tools provide visibility into cloud spending, automate cost management tasks, and facilitate collaboration between teams. Examples include cloud cost management platforms, CI/CD tools with built-in cost monitoring features, and collaboration software that bridges communication gaps between teams.

Synergy Between DevOps and FinOps

Enhanced Cost Visibility and Accountability

Integrating FinOps into DevOps enhances cost visibility and accountability. Real-time cost monitoring and reporting empower teams to make informed, cost-conscious decisions. By understanding the financial impact of their actions, teams can optimize their usage of cloud resources and avoid unnecessary expenditures.

Optimized Resource Utilization

Effective integration leads to optimized resource utilization. Automation and continuous optimization ensure that cloud resources are used efficiently, reducing waste and lowering costs. Teams can quickly identify and address inefficiencies—where too much is being used or too little is being allocated to a given resource.

Increased Agility and Innovation

By combining the strengths of DevOps and FinOps, organizations can increase their agility and innovation. Faster response to market changes and the ability to experiment with new ideas without worrying about cost overruns enable organizations to stay competitive and drive business growth.

Collaborative Approaches and Best Practices

Communication and Training

Regular communication between teams is essential for successful integration. Organizations should establish clear communication channels and conduct regular meetings to discuss cost management strategies and share insights. Additionally, training programs can help build FinOps skills in DevOps teams and vice versa, fostering a culture of continuous learning. The team at Squire is always ready to provide the most up-to-date training available.

Cross-functional Teams

Forming cross-functional teams with representatives from both DevOps and FinOps promotes shared responsibility and accountability. These teams can work together on projects, ensuring that financial considerations are integrated into every stage of the development lifecycle. Squire can help your team figure out who needs to do what.

Continuous Improvement

Integration of Cloud best practices into an organization is an ongoing process that requires continuous improvement. Organizations should adopt an iterative approach, regularly reviewing and optimizing their practices to ensure they remain effective and aligned with business goals.

Integrating FinOps with DevOps offers numerous benefits, including enhanced cost visibility, optimized resource utilization, and increased agility. By fostering collaboration between engineering and finance teams, organizations can achieve more efficient and cost-effective cloud operations. As cloud management continues to evolve, the synergy between DevOps and FinOps will become increasingly important, driving innovation and business growth. Squire is staying ahead of the curve.

To learn more, contact us today!