# FinOps Foundation

> FinOps Foundation is a global nonprofit Linux Foundation project that develops practices, education and standards for managing technology value. Its community connects engineering, finance and business teams, maintains the FinOps Framework, and supports the FOCUS open billing-data specification.

- **Founded:** 2019
- **Headquarters:** San Francisco, United States
- **Founders:** J.R. Storment (Founding president; subsequently Executive Director)
- **Products:** FinOps Framework, FOCUS, FinOps training and certification, FinOps X, State of FinOps
- **Notable:** Became a Linux Foundation effort in June 2020., Reports a community of 120,000+ people across 34,000+ companies., Reports 72,000+ trained and certified on its homepage; this combined figure does not mean 72,000 unique certifications.

## Products & services

- **FinOps Framework** — Public operational framework covering principles, personas, phases, scopes, domains and capabilities for technology value management.
- **FOCUS** — FinOps Open Cost and Usage Specification standardizes technology billing datasets; version 1.4 was ratified June 4, 2026.
- **FinOps training and certification** — Practitioner, Engineer, FOCUS Analyst, AI Value, Technology Value and Professional pathways, plus introductory education and scholarships.
- **FinOps X** — Practitioner conference and session library; the Foundation announced it would become part of Tokenomicon in 2027.
- **State of FinOps** — Annual practitioner research covering priorities, organizational structure and the direction of FinOps.
- **Community programs** — Working groups, meetups, virtual summits, mentorship, job board and role-gated Slack discussions.

## Achievements

- Became a Linux Foundation effort in June 2020.
- Reports a community of 120,000+ people across 34,000+ companies.
- Reports 72,000+ trained and certified on its homepage; this combined figure does not mean 72,000 unique certifications.
- FOCUS exports are available from AWS, Azure, Google Cloud and other technology providers.
- The 2026 State of FinOps survey included 1,192 respondents representing more than $83 billion in annual cloud spend.

## Latest updates

- **2026-10** — Published AI Spend Budget Busters on October 6, examining costs omitted from model-only AI budgets.
- **2026-08** — Published Agentic FinOps: Why Adoption is Slower Than the Conversation, examining context, authority, reliability and governance.
- **2026-06** — FOCUS 1.4 ratified June 4 and described June 10, adding invoice reconciliation and richer commitment information.
- **2026-06** — FinOps X keynote coverage announced Technology Value certification and FinOps X’s planned inclusion within Tokenomicon in 2027.
- **2026-03** — Updated the Framework with Executive Strategy Alignment and broader technology-category guidance.
- **2026-02** — Updated mission from cloud value to technology value and published the 2026 State of FinOps report.

## Links

- Website: https://www.finops.org/
- LinkedIn: https://www.linkedin.com/company/finops-foundation
- Twitter/X: https://twitter.com/finopsfdn
- GitHub: https://github.com/finopsfoundation
- YouTube: https://www.youtube.com/channel/UCyl26lvnoySlGWlF5oNHvYA

---

Profile page: https://yespress.io/finops-foundation
Published by YesPress — https://yespress.io
Last updated: 2026-10-16
