The FinOps Foundation has announced the addition of several new Premier Members, including American Express, NVIDIA, AMD, ServiceNow, and Snowflake.
“American Express is a technology-powered enterprise that is focused on delivering increased scale and efficiency, improved speed to market, high quality, and security, while always keeping our customers at the center of all we do,” said Keena Blunschi, vice president of technology at American Express and member of the FinOps Foundation Governing Board. “FinOps is where innovation meets accountability, bringing together engineering, finance, and product teams to lead responsibly at scale. Open collaboration is the engine of innovation, and we look forward to working with the FinOps Foundation community to continue advancing our innovation agenda in support of business growth.”
AJ Nish, senior manager for product and engineering at NVIDIA, said: “As NVIDIA continues to pioneer AI technologies available across every cloud, establishing proper FinOps for AI has become critical for business success. We’re joining the FinOps Foundation as a Premier Member to help define industry standards, drive accountability through metrics, and ensure customers maximize both performance and value from their AI infrastructure investments.”
Earlier this year, the FinOps Foundation also announced updates to its FinOps Framework to better align it to evolving trends in the FinOps space. It has shifted to a Cloud+ approach that incorporates private cloud and data centers.
The 2025 version of the framework introduced Scopes, which are segments of technology-related spending. The reason for this addition was to enable organizations to capture the different types of costs and usage data.
“Many organizations find themselves managing cloud infrastructure in addition to data centers, private clouds, and SaaS costs, and want to make more optimal decisions with unified data. Framework 2025 reflects this reality and provides building blocks to support a complex technology landscape at any organization,” the organization wrote in an announcement in March.
