Analyst women looking at KPI data

Cloud FinOps Diagnostic

Understand, Plan and Improve Cloud & FinOps Maturity

Cloud FinOps Diagnostic: Understand, Plan and Improve Cloud & FinOps Maturity

Organizations around the world are accelerating their digital transformation in order to remain competitive. To achieve operational excellence and agility, businesses are driving more workloads to the cloud to drive faster innovation and speed to market. While this offers better employee experience and faster routes to market, the rapid shift can make controlling cloud spend and ensuring accountability of cloud costs across the business more difficult.

Organizations face numerous cloud-based challenges with existing operating models, such as:

Constant Change Within the Cloud

Gaining and maintaining knowledge and experience on different cloud spend optimization techniques

Savings Realization

Identifying suitable candidates, implementing savings and measuring cost control/reduction KPI achievement

Pitfalls Prevention

Understanding the technical and operational implications for each optimization strategy

Cloud Spend Visibility

Knowing where the current cloud costs come from with confidence that we don't pay too much

Business Risk Mitigation

Modernizing IT with control over the cloud cost

This is where Cloud Financial Management (FinOps) can be applied to take control of spiraling spend and enable IT to become a service organization that adds value to the business.

SoftwareONE’s Cloud FinOps Diagnostic can help you establish a baseline across your business on cloud financial management maturity. We share best practices along the way that can enable your enterprise to innovate with cloud technologies – specifically Azure and AWS.

What is FinOps? Your Guide to Cloud Financial Management

In this eBook we introduce you to 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.

Get Your Free Copy

Cloud FinOps Diagnostic Value

Cloud FinOps Diagnostic helps you assess your current cloud cost management capabilities and overall governance maturity. We will jointly analyze your current operation in relation to appropriate best-practice approaches in order to generate further optimization potentials.

With this service, you can build an objective business case that includes ROI and key facts and figures to gain financial buy-in from stakeholders. 

The results can be benchmarked against industry best practices and organizations similar to yours. With Cloud FinOps Diagnostic you can track the progress of your FinOps practice and lower the risk of overspending in the cloud.

Dollar Symbol Icon

Allocate cloud costs to the corresponding business

Create showbacks or chargebacks and maintain tagging of resources

Settings Icon

Implement procedures to reduce cloud costs

Identify anomalies and receive recommendations on what to adjust

Presentation Icon

Assess and benchmark your current maturity

Understand your strengths & weaknesses

Achievement Icon

Improve maturity level

With recommendations and actions defined by SoftwareONE experts

Pie Chart Icon

Optimize budgets and forecasts

Get consistent and accurate information on cloud usage

Identify gaps in current cloud management strategy

Build expertise and maintain knowledge, led by SoftwareONE experts

Cloud FinOps Diagnostic Service

One of SoftwareONE’s FinOps experts will gather information using approximately 150 weighted questions focused on cloud management related topics (e.g. Cloud Transformation Alignment, Cloud Maturity, Cloud Strategy, Cloud Security, Cloud Platform) as well as financial management practices. Following that, we provide a set of recommendations based on proven FinOps practices that will help your organization in managing cloud spend and eliminating risks.

Cloud FinOps Diagnostic Architecture

Cloud FinOps Diagnostic Dashboards

Our digitized approach helps you save time and effort on tailored process assessments by providing dashboards that cover a 360-degree view of your current status.

Meet the FinOps Experts

We have a number of FinOps Certified Practitioners in SoftwareONE and we thought you may like to get to know them! Read our free eBook to see who they are and what advice they can offer around FinOps!

Download eBook

Related Case Studies

Luxury goods close up

Achieving Compliance and Avoiding Risks Shouldn’t Be a Luxury

Through SoftwareONE’s Java Advisory Services, a company producing and selling luxury goods gained valuable insight mitigating the security and financial risks, and determining a new Java strategy.

More
Two colleagues in beverage production line

Spice Up Your SAP Investment to Realize Huge Saving Potentials

A full assessment of its SAP licensing and usage enabled this global food and beverage company to gain clear insights on potential multi-million dollar savings with optimal leverage of SAP licenses.

More
Reinier Zuiderwijk, Baanbrekers

Cloud-Enabling Baanbrekers Helps People Better Finding Their Right Place

Moving to Office 365 E3 let Dutch provider for innovative labor market services establish a more scalable license structure and enable its staff to work in a more effective way – now and for years to come.

More

Related Articles

End of Life Software is a Bad Idea

Why Using End of Life Software is a Bad Idea

It is imperative that organizations understand how to reduce the risks EOL software poses and prepare to upgrade solutions that are nearing their EOL date. Learn more.

oracle-support-rewards-program

Oracle’s Support Rewards Program

Oracle recently announced its Oracle Support Rewards Program with which you can reduce your annual support spend for Database and Middleware (technology programs) to $0.

Going the Distance with FinOps

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.

Get in touch with us

Contact us today by filling out this short form and our experts will get back to you promptly.

Contact Us