The FinOps Revolution

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THE FUTURE OF FINANCIAL MANAGEMENT: Financial operations are no longer handled the old-fashioned way. The federal government, including the Army, is slowly adopting FinOps—an evolving cloud financial management discipline that helps organizations manage their spending on cloud infrastructure and service responsibly (photo by Tima Miroshnichenko, Pexels).
THE FUTURE OF FINANCIAL MANAGEMENT: Financial operations are no longer handled the old-fashioned way. The federal government, including the Army, is slowly adopting FinOps—an evolving cloud financial management discipline that helps organizations manage their spending on cloud infrastructure and service responsibly (photo by Tima Miroshnichenko, Pexels).

July 11, 2023 | Originally published by United States Army Acquisition Support Center on June 20, 2023

By adopting the financial operations framework, the Army can control and predict costs while maximizing the benefits of cloud computing.

In 2018, then-Secretary of the Army Ryan McCarthy made a significant decision to support the migration of the Army’s finance and logistics systems from on-premises data centers to commercial, cloud-computing facilities. Since then, the cloud revolution has taken firm hold across the service, bolstered by the establishment of the Enterprise Cloud Management Agency in March 2020 and the recent publication of updated guidance within the Army Cloud Plan 2022.

One of the seven strategic objectives of the plan is to provide cloud cost transparency and accountability. To prevent underutilized services and unexpected, avoidable costs, the plan says the Army will use “a combination of enterprise-provided common services and cloud consumption tracking for all cloud consumers.”