From cost efficiency to profitability: The power of FinOps, ITAM, and cloud economics

Initially, cloud services offered cost efficiency with their pay-as-you-go model and scalable features. However, the total cost of ownership (TCO) soared as departments migrated increasing workloads to the cloud. FinOps, which assigned accountability for cloud spending, was complemented by ITAM, which identified cost-saving opportunities and reduced redundancy. 

Together, these powerful elements paved the way for cloud economics to transform investments into profitable ventures. This cloud adoption lifecycle, from initial cost savings to strategic profitability, is a testament to how FinOps, ITAM, and cloud economics collaborate to ensure organizations manage and capitalize on their cloud infrastructure.

In this session, industry leaders from Microsoft, Apptio, and SoftwareOne share insights on maximizing savings and driving profitability through FinOps, ITAM, and cloud economics, and how to activate all three approaches and propel your organization towards cloud success.