While the popularity of doing business in the cloud keeps growing, unfortunately, so does the cost. And not just the cost, but who is responsible for a platform costs and how it is billed. If we use history as a guide, the mainframe is much like the cloud—everything had a cost and was billed back in microscopic amounts, including CPU time (instructions), disk usage and even the number of pages that came off the printer. During the “open-system” days of real-time processing, this type of billing was simplified to a more basic charge-back model that is used today for paying for a certain number of CPU threads, memory and storage capacity. Read on to discover the benefits of FinOps, what’s needed to develop an effective FinOps strategy and how to assess the success of your investment.