FinOps Assessment
In just 4 weeks, we aim to deliver actionable insights for sustained cloud cost optimization, allowing you to realize immediate savings and make smart, informed decisions on cloud investments.
Strat with an assessment, realize quick wins, and take your FinOps practice to the next level!
Your business challenges
Poor visibility into cloud spend or usage
Cloud bills are complex to understand and break down
Continually optimizing cloud environments is hard!
Unable to accurately predict / forecast cloud spend
Our Solution
- Single view of multi-cloud environment (AWS, Azure, GCP, K8s)
- See all usage for all accounts
- Allocate costs based on region, team, project, account, service
- Savings recommendations based on business patterns
- Detect cost incidents & anomalies
- Set alerts
- AI/ML for monitoring and forecasting
Results
Visibility into public multicloud spend & usage
Spend efficiency guided by insights
Rightsize spend, more accurate budget spend on forecast
Simplified management and billing saves time and resources
What is included
Onboarding
Onboarding of client’s Azure, AWS, GCP instances in a specialized FinOps platform.
Cost Optimization "Quick Wins"
Identifying and reducing costs by managing unused resources, optimizing spending commitments and removing outdated resources, including, but not limited to:
- Idle Resources
- Commitments (Savings Plans, Reserved Instances)
- Cleanup of Old Resources
Visibility on Wider Cost Optimization Efforts
Improving the efficiency of cloud services and scaling resources to match needs:
- Potential Architecture Upgrade Needs
- Right Sizing e.g. downscaling resources during off-peak hours to save costs
Tag Visibility
Improving the efficiency of cloud services and scaling resources to match needs:
- Potential Architecture Upgrade Needs
- Right Sizing e.g. downscaling resources during off-peak hours to save costs
Cost Allocation and Chargeback
Distributing cloud costs to appropriate departments or projects for accountable budgeting and spending
- Example - implementing a system where each department gets billed monthly for their actual cloud usage, encouraging more responsible use of resources
Actionable Roadmap
The main deliverable, a roadmap including:
- Architecture review (limited to specific scope)
- Optimization – quick wins
- Implementation of recommendations – quick wins, further implementation
- Total Cost of Ownership (TCO) calculations
Our approach
Kickoff
- To align objectives, activities & expectations
- Onboarding of client’s Azure, AWS or GCP instances in the platform
Data Collection
- Automated data collection, typically 1-2 weeks
Analysis
- Cost optimization ‘quick wins'
- Wider cost optimization efforts
- Tag visibility
- Cost allocation & chargeback
Results and Next Steps
- Actionable FinOps roadmap
- Optimization ‘quick wins’
- Total Cost of Ownership (TCO) insights
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