For Babel, FinOps (or Cloud FinOps) is the discipline that encompasses the services and solutions that we offer to the financial asset management market in the Cloud, which is currently in constant evolution.

The goal of this practice with extensive experience, services and capabilities is to maximise business value in hybrid and multi-cloud FinOps environments by combining finance and DevOps, emphasising collaboration between development, finance and business teams in order to manage financial accountability in the Cloud and make informed data-driven decisions when managing speed, cost and performance.

From Babel, beyond focusing on cost reduction in the Cloud and FinOps, services and solutions also focus on removing digital barriers, empowering development teams to deliver better products and solutions, faster applications and migrations, and cross-functional collaboration on where to invest and when. Sometimes a company will decide to tighten its belt, while at other times it will choose to invest more.

With Babel’s experience in these in multiple projects, the rapid migration of infrastructures to the Cloud has challenged traditional models of technology consumption and provisioning. FinOps helps to centralise and optimise procurement under a dedicated team, advising all parties involved on best practices for optimising Cloud spend. Babel’s Fin Opps services create a common language that enables organisations to operate efficiently at scale in the Cloud.