A masterclass on ‘Leveraging FinOps for Success: A Guide for Startups and VCs’ was conducted at TechSparks 2024 in Bengaluru.
The session highlighted the importance of managing cloud costs effectively for startups.
Common pitfalls for startups in cloud cost management include hidden costs, data transfer costs, storage costs, and vendor lock-in.
Strategies for success include integrating FinOps responsibilities into existing teams, creating a cost-aware culture, using cost optimization tools, and leveraging cloud provider benefits.