Fintech News

FinOps Foundation Quickly Gains Industry-Wide Support to Advance Cloud Financial Management and Education

FinOps Foundation Quickly Gains Industry-Wide Support to Advance Cloud Financial Management and Education

The Linux Foundation, the nonprofit organization enabling mass innovation through open source, nnounced the formation of the FinOps Foundation to advance the discipline of cloud financial management through best practices, education and standards. The Linux Foundation announced an intent to form the FinOps Foundation at Open Source Summit North America in late June. Today it’s announcing formation and support from founding members Apptio, Cloudeasier, Cloudsoft, CloudWize, Contino, Kubecost, Neos, Opsani, ProsperOps, Timspirit and VMware.

Read More: Curb Debuts Taxi PaaS Solution with City of Chicago to Enable E-hailing and Mobile Payments for Wheelchair Accessible Vehicles

The newly formed Technical Advisory Council welcomes representatives from Apptio, Google and VMware alongside existing practitioner member seats held by individuals from Atlassian, Nationwide and Pearson. The TAC’s charter requires a combination of appointed and elected members and end-user practitioners who will be added in the coming months. The initial TAC members include:

  • Eugene Khvostov, VP of Product & Engineering at Apptio
  • Matt Leonard, Product Management lead for Google Compute Cloud billing
  • John McLoughlin, Director of Product Management for CloudHealth by VMware
  • Mike Fuller, Principal Systems Engineer for FinOps at Atlassian
  • Joseph Daly, Director of Cloud Optimization at Nationwide
  • Ashley Hromatko, Sr. Mgr FinOps at Pearson

Read More: COVID-19 and Automation are Changing Finance for Good

“With demand for new collaboration to support cloud procurement between IT and finance teams, the FinOps community is growing fast,” said J.R. Storment, executive director of the FinOps Foundation. “We have the infrastructure and governance in place to support this acceleration and provide best-in-class training and education opportunities to grow this discipline. Our founding members are making this possible with today’s commitments, and we look forward to working with them in the years to come.”

Read More: DataRooms.com Embeds the dtSearch Engine to Enable Instant Searching across Terabytes of Virtual Data Room Content

Related posts

Sphere 3D to Grow Its Bitcoin Mining Capacity to 32 Exahash Through the Purchase of 60,000 Numiner NM440 BTC Miners

Fintech News Desk

Escalade Completes Acquisition Of the Assets of the Brunswick Billiards Business from Life Fitness, LLC

Fintech News Desk

Prestigious Fortune 40 Under 40 Honors PingPong Payments on Its 5th Anniversary

Fintech News Desk
1