Infracost is a cloud cost estimation tool that integrates with Infrastructure as Code (IaC) frameworks. It provides detailed cost breakdowns and forecasts for cloud resources before they are deployed, enabling more informed budgeting decisions and cost optimization in cloud environments. Infracost supports various IaC tools, enhancing cloud cost visibility and control.
FinOps, or Financial Operations, is a strategic approach that combines financial, business, and IT operations to optimize cloud spending and resource utilization. It fosters collaboration between teams, enabling real-time monitoring, cost transparency, and efficient budget management in cloud environments. Emphasizing cost optimization and value realization, FinOps is crucial for companies looking to balance innovation and cost control in their cloud investments.