FinOps, short for financial operations, is a management practice that promotes shared responsibility for an organization’s cloud computing infrastructure and costs. Within a FinOps framework, information technology (IT) and DevOps groups collaborate with purchasing, finance, and other teams to address cloud costs across the entire organization.
Hyperconverged infrastructure (HCI) virtualizes and integrates compute, storage, and networking into a single unified system with centralized management. This consolidation and modernization of IT infrastructure enables businesses to manage a growing volume of data and range of workloads with agility at a lower cost. This is opposed to a traditional, three-tier data center infrastructure, where servers, storage (SAN/NAS), and networking are siloed and separately managed.