NexQloud Knowledge Base

The heart of FinOps is a cultural shift, built on key principles:

• A Shared Responsibility Model: Everyone who uses the cloud is responsible for its cost. Engineers need visibility into their spending, and finance needs to understand the engineering context behind the bills.‍
• Business Value First: Decisions are driven by value, not just cost. The goal is not to minimize spend, but to maximize output (features, stability, performance) for every dollar invested.‍
• Centralized Governance, Distributed Accountability: A central FinOps team provides the tools, best practices, and guidance, but individual product teams are accountable for their own cloud budgets and optimization.‍
• Real-Time Data Access: Teams need immediate, granular access to cost data to make informed decisions quickly, aligning with the agile nature of cloud development.