Document Type

Article

Publication Date

2024

Keywords

FinOps, Cloud Cost Optimization, Enterprise Applications, Cloud Financial Management, Resource Efficiency, Cloud Economics, Cost Governance

Digital Object Identifier (DOI)

https://doi.org/10.46121/pspc.52.2.10

Abstract

Cloud computing has revolutionized enterprise IT infrastructure, yet escalating costs and resource inefficiencies threaten to undermine these benefits. This research examines FinOps-driven optimization models that enable organizations to balance cloud performance, cost efficiency, and business value. The study addresses the critical challenge enterprises face in managing cloud expenditures while maintaining operational excellence. Through comprehensive analysis of FinOps principles and practical optimization frameworks, we develop models that integrate financial accountability, technical efficiency, and business alignment. Our research demonstrates that organizations implementing structured FinOps practices achieve 25-40% cost reductions without compromising application performance. The study contributes both theoretical frameworks for understanding cloud financial management and practical implementation strategies for enterprise contexts. Findings reveal that successful cloud optimization requires cultural transformation alongside technical improvements, with cross-functional collaboration between finance, engineering, and business teams proving essential. This work provides organizations with actionable guidance for implementing FinOps practices that transform cloud spending from uncontrolled expense into strategic investment.

Rights Information

Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial 4.0 License

Was this content written or created while at USF?

Yes

Citation / Publisher Attribution

Power System Protection and Control, v. 52, issue 2, p. 99-110

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