In several of my recent posts, I’ve discussed using Lambda scripting to identify and clean up unused resources in AWS environments. While these tasks traditionally fell under DevOps, they are now part of a broader discipline known as FinOps. Short for Financial Operations, FinOps merges financial management with operational efficiencies to maximize the value organizations derive from cloud computing.
Although the FinOps Foundation formally established the concept in 2019, its principles date back to the early 2010s. During this time, businesses began focusing on managing cloud costs as the shift from capital expenditure (CapEx) to operational expenditure (OpEx) models made cost efficiency a priority.