Cloud budgeting is the practice of planning, tracking, and controlling cloud spending so organizations can get the most value from cloud services without overspending.
Unlike traditional IT budgets, cloud costs are variable, usage-based, and dynamic, which makes budgeting both more powerful and more complex.
Fundamentals:
- Visibility
- Forecasting
- Cost Allocation
- Guardrails & Alerts
Most organizations manage cloud budgets using native tools from providers like Amazon Web Services, Microsoft Azure, and Google Cloud, often complemented by FinOps or third-party cost management solutions.
FinOps cloud budgeting is a modern approach to planning, managing, and optimizing cloud spend by bringing finance, engineering, and business teams together with shared ownership of costs.
The FinOps Budgeting Lifecycle
- Inform
- Optimize
- Operate
FinOps cloud budgeting turns unpredictable cloud costs into transparent, controlled, and value-driven spending.
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