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FinOps
FinOps
Multi-cloud
9th September 2024
by AmyKelly Petruzzella
Embracing FinOps Foundation FOCUS 1.0: Solving Multi-Cloud Challenges
In today’s dynamic cloud landscape, understanding and managing cloud costs is paramount for any organization striving to optimize its cloud investments. As businesses increasingly adopt multi-cloud strategies, the complexity of managing costs across different cloud providers has become a significant challenge. This is where the FinOps Foundation’s Open Cost and Usage Specification (FOCUS) 1.0 comes into play, offering a standardized approach to cloud cost management. In this blog article, we dive into why embracing standards like FOCUS 1.0 will be crucial for organizations aiming to optimize their cloud investments and drive business value.
3
minute read
FinOps
4th September 2024
by AmyKelly Petruzzella
FinOps Best Practices for Multi-Cloud Environments
As organizations increasingly adopt multi-cloud strategies to leverage the best features of various cloud providers, managing cloud costs across these environments becomes a complex challenge. FinOps offers a framework to address these challenges, ensuring that businesses maintain visibility and control over their cloud spending. This article discusses the key challenges of managing cloud costs in a multi-cloud setup and provides best practices to overcome them, highlighting how Surveil’s platform can help.
3
minute read
FinOps
30th August 2024
by AmyKelly Petruzzella
The Role of Software Asset Managers and Service Providers in FinOps
In the dynamic world of cloud computing, channel partners, including Software Asset Managers (SAMs) and Service Providers, are the unsung heroes driving financial efficiency and strategic value. As businesses increasingly rely on cloud services, the expertise of these professionals becomes indispensable in navigating the complexities of cloud financial management.
3
minute read
FinOps
29th August 2024
by AmyKelly Petruzzella
The Evolution of FinOps: From Cost Management to Strategic Advantage
FinOps has evolved from a simple cost-saving focus to a key driver of business value. This shift highlights the crucial role cloud financial management now plays in influencing broader business strategies. The journey of FinOps from its roots in cost management to its current status as a strategic asset demonstrates its growing importance in achieving business success.
2
minute read
FinOps
26th August 2024
by AmyKelly Petruzzella
The Intersection of AI and FinOps: A New Era of Cloud Cost Management
As cloud services become integral to business operations, FinOps has emerged as a critical practice for managing cloud costs. But with the advent of artificial intelligence (AI), how are these two powerful tools converging to reshape cloud financial management?
2
minute read
FinOps
21st August 2024
by Bethany Keeling
Common FinOps Challenges and How to Overcome Them
FinOps can often feel like walking a tightrope; you need to maintain a delicate balance between cost, quality, and capability if you’re to make the journey a success. With rising cloud costs threatening to throw you off course, however, there are more than a few challenges to your balancing act.
3
minute read
FinOps
25th July 2024
by Bethany Keeling
What is Effective Savings Rate (ESR) in FinOps?
There’s no doubt that FinOps continues to set the bar for cloud management. Paired with a cloud optimization tool, FinOps can be especially effective at reducing costs and maximizing collaboration and efficiency across the organization. But what if we told you that there was another element that could super-charge FinOps activity by accurately calculating your true savings performance? That’s where the Effective Savings Rate (ESR) comes in.
2
minute read
Cloud
17th July 2024
by Harold Groothedde
How to Engage Your Team in Cloud Efficiency Initiatives and Deliver FinOps Optimisation
Achieving cloud efficiency and FinOps success for your organization hinges on harnessing the power of teamwork and collaboration at every level, from the C-suite downwards. It’s about more than just optimizing costs or deploying the latest tech. It’s about creating a cohesive team where every member is onboard and fully engaged in streamlining operations, cutting unnecessary spending, and driving growth.
5
minute read
Cloud
12th July 2024
by Neil May
The Modern CFO’s Role in Cloud Efficiency – How to Collaborate with IT for Better Results
We all know the saying ‘teamwork makes the dream work’, and a CFO’s collaboration with IT is vital for optimizing cloud efficiency. Close collaboration between a CFO and their IT team is needed not just to strategize but to ensure effective execution of FinOps practices, and long-term ROI.
5
minute read
Cost Optimisation
Digital Skills
FinOps
9th July 2024
by Joe Stevenson
Be a Cloud Hero: The Path to Becoming FinOps Certified
As cloud reliance grows across a broad spectrum of industries, the importance of maintaining control over costs and processes grows with it. So, are you ready to be the cloud hero your organization needs?
3
minute read
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