Industry Newsfinopscloud cost managementai spend
FinOps Foundation Updates Framework Expands Cloud Plus Coverage
8.8
Relevance Score
The FinOps Foundation’s 2025 State of FinOps report, approved March 2025 and surveying 861 practitioners overseeing $69 billion in annual cloud spend, updates the framework to introduce Scopes and broaden focus from cloud to 'cloud and technology.' The report highlights rising AI and SaaS costs—63% manage AI—and notes market growth projections to $14.88 billion in 2025, driving tooling and governance priorities.
