As with implementing any new practice, there can be obstacles along the way. Challenges organizations can encounter when first implementing FinOps can include resistance to change, a lack of cost visibility, managing the complexity in multi-cloud environments and ensuring ongoing collaboration between teams. The FinOps foundation recommends taking a "crawl, walk, run” approach to implementation to ensure less shock to organizations first implementing practices and continual success.
Benefits of FinOps include:
Improved cost visibility
Accountability by business units and outcomes
Efficient resource utilization
Improved decision-making and forecasting/budgeting
Scalable cloud spending and governance
Ability to respond to changing business demands promptly