Businessmen discussing cloud financial management tables and charts

Cloud Financial Management

Take Control of Your Cloud Spend & Drive Innovation with FinOps

Gain Intelligent Insights and Take Control of Your Cloud Spend

You’ve made the move to the cloud and you’re ready to embrace the potential it offers. Except costs are climbing. You have little insight into who or what is consuming your cloud resources. You’re battling to predict future usage requirements or what the potential costs might be. Innovation is being impacted as your team grapples with getting cloud usage spend under control.

Enter FinOps.

FinOps is the new operating model to manage cloud costs, gain usage insights, make data-driven business decisions, and inspire real innovation. It empowers collaboration between IT, Engineering, Finance, Procurement and the wider organization, flipping IT from a cost center into a service organization that drives genuine business transformation.

SoftwareONE’s certified FinOps experts help you achieve this new way of working so you gain the transparency, predictability and governance you need for effective Cloud Financial Management.

Six Reasons to Embrace FinOps

Optimize cloud expenditure & save up to 40%

Maximize value from your cloud investments

Gain visibility that puts you in control

Enable Data Driven Decision Making

Organizational Accountability & Ownership

Drive Innovation & continuous improvement

Building an Effective FinOps Practice

FinOps provides actionable intelligence and organizational alignment so that better decisions can be made about cloud usage and expenditure. To achieve this, building a robust FinOps framework is key. It comprises three distinct phases:
inform, optimize and operate.

Inform

Get visibility into who is using what cloud resources. Without this knowledge, you can’t fix the problem. These insights allow allocation, benchmarking, budgeting and forecasting. This ensures you stay within budget and can accurately forecast spend, avoiding unpleasant surprises.

Optimize

Once you have these insights, you need to optimize your cloud footprint by right-sizing and right-costing your environment, automating and turning off any wasteful use of resources.

Operate

Finally, you need to build a FinOps culture that includes business, financial and procurement stakeholders who have clearly defined governance policies and models, as well as the ability to track their cloud financial management objectives and measure speed, quality and cost.

FinOps Inform - Optimize Operate Diagram

How to get Started With FinOps

FinOps enables IT to develop into a service organization that focuses on adding value to the business with cloud technology. Download our infographic to find out how to get started with FinOps.

FinOps Quick Start Infographic
How to get Started With FinOps Infographic Preview
FinOps Certified Service Provider

A Team You Can Trust

SoftwareONE is FinOps Certified

Our FinOps services and platform have been certified by the FinOps Foundation. We have over 200 Certified FinOps Practitioners, more than any other organization. We are proud to be Premier Members of the FinOps Foundation, helping to advance the global adoption of FinOps and best practices.

FinOps Foundation Logo
FinOps Certified Platform

Supporting you Every Step of the Way on Your FinOps Journey

SoftwareONE provides a unique blend of industry experts and tools to provide you with the guidance, insights and intelligence your organization requires for effective Cloud Financial Management. Here’s how our services help you build your FinOps Framework.

FinOps Starter Pack

Many organizations simply don’t know where to start. Our FinOps Starter Pack has been specifically designed to give you a better understanding of how FinOps would look and feel in the context of your organization, as well as the cost savings and benefits that can be achieved and a clear roadmap for the successful adoption of FinOps. Our Starter Pack helps you…

  • Identify gaps in current cloud management strategy
  • Access to expertise & knowledge of our certified experts
  • Visualize improvements in your cloud financial management
  • Realize cloud savings typically over 25%
Topographic Map with Routes and Coordinates
Analyst women looking at KPI data

FinOps Diagnostic

Our FinOps Diagnostic service helps decision makers identify the gaps in their current cloud process and strategy. The service will establish a baseline across your business for Cloud Financial Management maturity, during the engagement we define an action plan based on best practices that will help you innovate with cloud technologies including Azure and AWS. Our Diagnostic service…

  • Benchmarks current cloud cost optimization practices
  • Assesses of your FinOps maturity, including strengths & weaknesses
  • Identifies gaps in your current cloud strategy, access our certified team of experts
  • Allocate cloud costs to certain departments or lines of business by creating showbacks or chargebacks through effective tagging
  • Identify anomalies & receive recommendations on procedures changes.

Managed FinOps

Our Managed FinOps service is ideal for organizations looking to build and mature their FinOps practice quickly, achieving and maintaining significant savings on their cloud expenditure. Our Managed FinOps service combines the expertise, technology, and best practice that organizations need to achieve financial accountability, data driven decision-making and a high-performance culture. Our certified service helps make cloud investment management a seamless process. Using the recognized FinOps framework, our service provide peace of mind and allows organizations to continuously improve and realize real savings…

  • Optimize rates & usage saving up to 50%
  • Understand fully loaded cloud costs
  • Benchmark performance against other organizations
  • Enable data driven decision-making
  • Align your organization to FinOps best practice.
Statistics and numbers
Business man works with the PyraCloud dashboard

Driving Value From Your Investments in FinOps Technology

Investing in tooling without having the right expertise, will fail to deliver the desired outcomes. Our certified FinOps experts will ensure you achieve the maximum value from your investments in FinOps technology, ensuring stakeholders across your organization have the insights that they need to make effective data driven decisions. No matter what FinOps tooling you have invested in, or are considering, we can integrate your choice of cloud management tools with your people and processes, reducing your complexity to deliver the transparency, predictability and governance you need to take control and manage of your cloud spend. Our services…

  • Provide stakeholders with accurate intelligence & reduce complexity
  • Drive accountability for cloud spend & simplify cloud budget management
  • Enable policy and data-driven decision making for cost take out
  • Identify optimization opportunities and automate key FinOps tasks.
Screenshot Cloud Spend

PyraCloud empowers FinOps teams

Our certified PyraCloud platform removes the complexity of cloud, providing customers with the transparency and insights that their FinOps stakeholders need to manage variances of 20-50% in their monthly billing cycles. PyraCloud enables you to take control, reducing your spend and drive value and innovation from your cloud investments.

Do you want to gain the insights and visibility you need to better understand your cloud spend? Watch our video to learn how PyraCloud can help.

Do you want to optimize your cloud spend and empower your teams to identify, execute, and measure efficiently? Find out how PyraCloud can help.

Do you need to manage multiple cloud environments, and do you want to get rid of the time-consuming process of doing this manually? Let us show you how PyraCloud can ease this burden.

Your Complete Guide to FinOps & Cloud Financial Management

Our eGuide provides a thorough understanding of FinOps. We explain what FinOps is, why your organization should adopt it, how to get started on your journey and how your organization can use this approach to maximize every dollar spent in the cloud.

Download your free copy
What is FinOps? eBook Preview

JR Storment

“The FinOps Foundation is excited to partner with SoftwareONE. By aligning their cloud services and software (like PyraCloud) to FinOps principles, they are well positioned to not only help their customers optimize their cloud usage but also bring FinOps principles into the software lifecycle management practice.”

FinOps Foundation

Darryl Sackett

“We are thrilled to announce that SoftwareONE is now Certified with the FinOps Foundation as both a Service & Platform Provider. We have a fantastic platform, PyraCloud, with an expanding community of expert consultants tasked with generating significant value for our customers from cloud software. We’re looking forward to unlocking the next era in cloud culture and developments within the FinOps Framework.”

Global Leader, Software Lifecycle Management, SoftwareONE

Read What Our FinOps Experts Say

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Are You Prepared to Go the Distance with FinOps?

A mature FinOps strategy takes a lot of time and knowledge to develop. Here is how to overcome three common roadblocks when creating a FinOps strategy.

Getting Started with FinOps: Why Cloud Security is Your Step Zero | SoftwareONE Blog
  • 31 May 2021
  • Bala Sethunathan
  • FinOps, Managed Security, Managed Cloud, Cloud Spend Management, cloud-security
  • PyraCloud

Getting Started with FinOps: Why Cloud Security is Your Step Zero

Whether you’re looking to control costs arising from cloud workloads, fraud, or data breaches, cloud security is the important step zero before starting with FinOps. Learn more.

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