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🌐 FinOps at JTI

🌐 What is FinOps?​

FinOps (Financial Operations) is a collaborative approach that brings together Finance, Engineering, IT, and Business teams to manage cloud costs more efficiently. It's not just about saving money—it's about making smarter cloud decisions that align spending with business goals.

In a cloud-first world, especially with platforms like Microsoft Azure, FinOps helps JTI strike the right balance between cost, performance, and innovation.

💡 Why FinOps Matters for JTI​

  • Gain clarity on where money is going across Azure.
  • Assign cost ownership to teams, encouraging responsible usage.
  • Optimize cloud resources to reduce waste.
  • Enable data-driven decisions for budgeting and planning.
  • Bridge Finance and IT, ensuring better alignment between goals and execution.

🚀 The Three Phases of FinOps​

1. Inform​

  • Collect detailed Azure cost and usage data.
  • Provide visibility to stakeholders with real-time reporting.
  • Benchmark spending against budgets.

2. Optimize​

  • Identify inefficiencies and right-size resources.
  • Use Azure tools and automation to eliminate waste.
  • Take action on recommendations to lower costs without sacrificing performance.

3. Operate​

  • Monitor cloud spending continuously.
  • Apply governance and policy enforcement.
  • Use learnings to feed future planning and improvements.

🧹 Key FinOps Principles at JTI​

PrincipleWhat It Means for Us
CollaborationFinance, engineering, and ops work together to manage costs.
AccountabilityTeams own their cloud budgets and track their impact.
VisibilityTransparent, real-time access to cost data and trends.
OptimizationFocus on efficiency, performance, and eliminating unused spend.

✅ Benefits of Practicing FinOps​

  • Cost savings through proactive management.
  • Operational efficiency via better resource planning.
  • Performance retention without overspending.
  • Strategic alignment between budget and business outcomes.
  • Risk reduction by avoiding surprise costs or budget overruns.

🔍 Challenges FinOps Helps Solve​

  • Resource sprawl – Identifying unused or forgotten services.
  • Complex pricing – Making Azure billing more understandable.
  • Lack of ownership – Encouraging teams to take responsibility.
  • Delayed reporting – Getting timely insights for timely actions.

📣 Get Involved​

Everyone at JTI plays a role in successful FinOps. Whether you're in finance, engineering, or management:

  • Review your team’s Azure usage regularly.
  • Ask for FinOps dashboards or reports.
  • Stay engaged with cost optimization best practices.

Together, we can build a cloud-smart culture—one where performance and financial discipline go hand in hand.