Intelligent Fin.tech Issue 16 | Page 18

GAUGING THE MARKET

underway . Business leaders and finance departments may hesitate to sign off on FinOps because they believe the business can ’ t afford the personnel , tooling and other costs it demands .
This hesitation , by the way , tends to be especially pronounced in the context of FinOps . All types of business investments come with a cost , of course ; FinOps is not unique in that respect . But the differentiator is that many stakeholders inside businesses don ’ t fully understand what cloud cost optimisation means or how it delivers value to the business , since they are not experts in cloud architectures or cost models .
This can make it more challenging to get buy-in for FinOps than for investing in research to support product development , for instance . Most people know how developing new products will generate revenue and benefit the business but they don ’ t always recognise the value of FinOps because it ’ s a dense , technically complex topic .
Getting quick buy-in for FinOps
How do you overcome these hurdles to ensure that your business can begin reaping the benefits of FinOps today ,
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