TBM – Cloud and FinOps 

As companies grow their cloud presence to drive innovation and growth, they inevitably run into cost challenges and must explore optimization opportunities.

Systems best practices

Optimizing Cloud costs and usage.

FinOps was born for the Cloud. Systems, best practices, and culture increase an organization’s ability to understand Cloud costs and make informed and rapid trade-off decisions. FinOps focuses on optimizing Cloud costs and usage by technical and organizational means.

FinOps puts cloud cost responsibility in the hands of Cloud practitioners. Senior leadership has a say on what to work on, but not how. Application owners, particularly Cloud practitioners, are better stewards of resources when they have visibility and agency to manage their Cloud costs. FinOps gives the organization the ability to develop responsible Cloud users.

Senior leadership sets the strategic direction but gets out of the way regarding tactics (e.g., the budget is X; the costs to deliver the application can be no more than Y per unit). Cloud practitioners provision and optimize Cloud resources to meet that guidance and keep stakeholders informed and primed for rapid change, creating a flexible, fast, and efficient organization.

At It’s Value we can support you with the implementation of FinOps practices in your organization for better management of Cloud consumption. And we can help you to build the bridge between FinOps and Technology Business Management for managing the business of IT, on-premise, in the Cloud and hybrid.

What can It’s Value do for you?

With our Cloud expertise we can help you implement intelligent policy and controls to manage your cloud usage and decrease your spend waste. With near real-time transparency into Cloud utilization and costs, we can both optimize existing Cloud usage and support your strategic Cloud plan for the future.

 

In cooperation with our software partners we can support you to:

 

– Fully allocate all costs, including containers and support charges, to ensure a full chargeback of cloud costs to the business,

– Optimize cloud cost management (choose between AWS, Azure and GCP) to fund innovation, by rightsizing capabilities across major cloud services and reducing operating expenses,

 

– Support your on-premise vs Cloud decision by offering full visibility into cloud vs on-premise costs, to be able to optimize your spend, scalability and performance.

 

How to get started?

Ask for an IT-Finance & Cloud Value Assessment.

IT-Finance Value Assessment

Any questions?

Please book a call or meeting with one of our experts.