02 - FinOps Lifecycle (IOO)

1. Inform

1.1. Visibility and Allocation

1.1.1. Gives you the visibility for allocation and for creating shared accountability

1.1.2. By showing teams what they’re spending and why

2. Optimize

2.1. Rates and Usage

2.1.1. Empowers your teams to identify and measure efficiency optimizations

2.1.2. Then make goals based on those opportunities

3. Operate

3.1. Continuous Improvement and Operations

3.1.1. Defines and executes processes which enable

3.1.2. The goals of Technology, Finance, and Business to be achieved