EMBRACING CLOUD GOVERNANCE WITHIN THE CONTEXT OF FINOPS

This technical report focuses on the concept of cloud governance in the context of FinOps which is Financial Operations. The basics for effective governance and financial management becomes crucial as companies continue to adopt cloud technologies. The report examines the cloud governance framework, the parts of it, and tips for using it in FinOps. It leaps into FinOps standards and how they are embedded into cloud governance solutions and the relevant tools and technologies. These challenges and solutions related with this integration are described, nearby future models in the field. This extensive review aims to provide bits of information to organizations that would like to enhance their cloud activities but at the same time, keep an eye on costs and compliance. Keywords: Cloud computing, FinOps, Cost Management, Resource Management, Security and Compliance, Performance Monitoring,