Cloudové služby
Cloudové služby SoftwareOne zajistí úspěch vašeho úsilí o migraci do cloudu a modernizaci aplikací.
Cloudové služby
Cloudové služby SoftwareOne zajistí úspěch vašeho úsilí o migraci do cloudu a modernizaci aplikací.
Cloud Financial Management (FinOps) combines systems, best practices, and culture to increase an organization’s visibility and control over its cloud costs. By bringing financial accountability to cloud spend, FinOps enables teams to make informed business decisions, share valuable information with stakeholders, and streamline their cloud spending.
However, there is a way to make FinOps more powerful. By including Cloud Cost Optimization (CCO) in your FinOps strategy you can unlock full control over optimizing cloud costs. SoftwareOne’s Cloud Cost Optimization is an advisory service geared toward helping you identify and reduce cloud spend by implementing right-costing and right-sizing methods.
The first step is to figure out where your organization currently is when it comes to cloud spending and which team members should be involved in FinOps moving forward. Start by getting a complete assessment of your current approach to FinOps in the cloud. This may be performed internally or with the help of a Managed FinOps Services provider like SoftwareOne.
A thorough diagnostic assessment addresses each of the following:
Once you establish your current financial position in the cloud, you can then develop a clear path forward with well-defined objectives, best practices, and processes. It helps to establish a cross-functional and collaborative team and provide them with the support of a proven cloud management platform.
Gaining a centralized, transparent view of cloud usage and spending is vital for successful FinOps. It’s difficult to diagnose your current spend, identify areas of potential optimization, implement new strategies, and observe the results if you can’t access accurate information about cloud spend in the first place.
This can be remedied through technology. SoftwareOne’s FinOps platform, for example, allows you to digitize your software supply chain and manage contracts while tracking, controlling, and predicting cloud spend - even across multiple different cloud providers.
Knowledge is power, not only for your FinOps team but for all stakeholders. Being able to accurately track and monitor spending enables you to align your spending with business goals. It also provides access to data and metrics that enable you to better assess the outcomes of new initiatives and provide justification for changes.
Once you’ve established your baseline and have the right teams and tools in place for providing visibility, you are ready to begin optimizing your cloud spend. Cloud Cost Optimization (CCO) is fundamental in FinOps.
According to a 2019 study from Right Scale, 35 percent of public cloud resources are wasted, which means organizations are paying for cloud services they aren’t even using. Moreover, Flexera’s State of the Tech Trend Report from 2020 suggests that fewer than 25 percent of organizations say they’re mature in optimizing software license spend - another significant cloud cost that can often be significantly minimized.
To avoid wasting resources, you can leverage the following CCO methodologies as part of your FinOps strategy:
The right tools and methods are critical for identifying areas of waste or inefficiency and implementing cost optimization strategies.
CCO and FinOps are both ongoing processes. The job isn’t complete after one round of optimization. Moving forward, you will need to enable accountability and traceability, establish best practices, and continually refine your cloud utilization as a central enabler for your business success.
The FinOps journey can be broken down into a continuous three-part cycle as follows:
Successful implementation of this cycle relies on visibility, the ability to conduct thorough diagnostics, and an understanding of CCO best practices. Transparency, predictability, and governance are key for effective cloud financial management.
If you’re not sure how to see this strategy through, don’t hesitate to ask for help. SoftwareOne is a FinOps Certified Service Provider (FCSP), which means we can provide the expertise you need. Additionally, PyraCloud is a FinOps Certified Platform (FCP), making it a valuable tool to assist you’re your FinOps management.
Whether you’re seeking an assessment, a platform that allows you to maximize the value of your software portfolio in one place, advice on cost optimization, or fully managed cloud services, SoftwareOne has solutions to fit your needs.
Cloudové služby SoftwareOne zajistí úspěch vašeho úsilí o migraci do cloudu a modernizaci aplikací.
Cloudové služby SoftwareOne zajistí úspěch vašeho úsilí o migraci do cloudu a modernizaci aplikací.