Help Center/ Well-Architected Framework/ Well-Architected Framework and Practices/ Cost Optimization Pillar/ Concepts

Updated on 2025-05-22 GMT+08:00

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Concepts

Concepts

Term	Definition
FinOps	FinOps, a fusion of Finance and DevOps, fosters collaboration among IT, finance, and business teams to integrate financial accountability into cloud operations. It enables data-driven decision-making while balancing speed, cost, and performance.
CFM	Huawei Cloud Cloud Financial Management (CFM), based on FinOps practices, establishes end-to-end cloud financial management capabilities to help customers enhance transparency and predictability of cloud spending, enabling more accurate, efficient allocation, control, and optimization of cloud costs.

Parent topic: Cost Optimization Pillar

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