Global end-user spending on public cloud services this year projects to total $494.7 billion, which is a 20.4% growth rate. With this increase, financial institutions need the best practices that can manage, monitor, allocate and forecast cloud spend to maintain operational stability.

These processes and procedures are the foundation of Financial Operations (FinOps). Adopting a FinOps framework for your cloud needs can evolve your enterprise into one that always makes the right financial decisions at the right times.