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FinOps Foundation Announces Deloitte as Premier Member

FinOps practices continue to grow at a rapid pace, quickly becoming essential parts of cloud operations

The FinOps Foundation, a part of The Linux Foundation’s non-profit technology consortium focused on advancing the people and practice of cloud financial management, announced Deloitte as the newest Premier Member.

As part of Deloitte’s premier membership, Rakinder Sembhi, Principal, Deloitte Consulting LLP, will join the FinOps Governing Board as a voting member to help craft Foundation strategy and direction. The Governing Board sets the strategy of the program, including where to invest resources and funds in support of the Technical Advisory Council’s work.

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“As growth in the cloud continues at a rapid pace, businesses are struggling to maintain control over cloud spend and protect their return on investment,” said Sembhi. “I’m thrilled to join the FinOps Governing Board to shape the future of the discipline and give our clients access to cutting-edge innovations and best practices.”

“The growth of the FinOps discipline is underpinned by leaders like Deloitte that invest in processes and skills to empower IT and operations teams to make decisions in real-time to maintain control over spending,” said J.R. Storment, Executive Director of the FinOps Foundation. “We are glad to have Deloitte on board to help navigate the future of FinOps.”

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FinOps is shorthand for “Cloud Financial Operations,” or the practice of “Cloud Financial Management,” which ensures organizations get the most value out of every dollar they spend in the public cloud. The FinOps Foundation and community will work together to define cloud financial management education and standards and advance the ubiquity of this discipline across industries. The organization will support the professionals leading this work by providing development, training, events and certification programs.

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