Regain control over your public cloud costs with Flexential FinOps

As organizations embrace public cloud environments, they often face challenges in accurately predicting and optimizing cloud costs. According to recent statistics,

• 71% of IT leaders report cloud costs are a heavy burden on their IT budgets
• 72% of organizations exceeded their allocated cloud budgets in their last fiscal year
• 82% identify cost management as their primary concern with cloud computing and

Flexential FinOps (Financial Operations) service offers a comprehensive solution to maximize the business value of your public cloud investments.

Better data results in better decisions

Visibility into your cloud environment can enable understanding: what is incurring costs? and where are the opportunities for reducing costs? By increasing observability, you gain real-time visibility into your cloud environments and concrete data to use in your cloud decision-making. This visibility specifically empowers you to intelligently evaluate cost-saving opportunities, optimize your cloud environment, and align cloud spending with your business priorities.

Start saving money now

One of the primary benefits of Flexential FinOps is cost savings and optimization. Our knowledge of workloads, infrastructure, clouds, and visibility into your environment allows our FinOps teams to uncover specific opportunities for savings and optimizations. First, we understand your cloud costs, and then our FinOps experts find optimization and reduction opportunities to implement. Following lean-Agile methodologies, the team iterates on FinOps best practices to maximize return on your cloud spend and avoid budget surprises.

Accurate forecasting and budgeting

Unpredictable and surprising cloud costs can wreak havoc on IT budgeting and forecasting efforts. Our FinOps teams can help you achieve more accurate cloud spend forecasting and budgeting. These cloud experts will guide you in implementing processes and tools to track and predict your cloud costs. Again, this improvement in data enables better financial planning, more accurate budgeting, forecasting, and resource allocation.

Governance through collaboration and accountability

FinOps promotes cross-functional collaboration between IT, engineering, finance, and business teams, promoting financial accountability across the organization. Flexential FinOps experts will facilitate regular meetings, fostering open communication and alignment between internal teams. By breaking down silos and fostering cross-functional communication, Flexential FinOps teams facilitate collaboration and implementation of governance processes. By increasing cross-functional communication and best practice processes, your FinOps practice can mature to successfully align cloud strategies with financial goals and business requirements.

Flexential FinOps helps establish robust cloud financial governance and policies. The team will assist in implementing governance measures, such as cost allocation, resource provisioning and de-provisioning controls, and overrun prevention mechanisms. These measures ensure that cloud costs remain within defined boundaries and align with your organization's financial goals.

Expertise and implementation

Flexential FinOps teams bring extensive expertise in cloud, platform, and DevOps best practices. They work as an extension of your IT team, providing guidance, technical support, and hands-on implementation of cost-saving measures. The Flexential team of cloud experts will analyze your cloud environments, workloads, and usage patterns to pinpoint areas where you can reduce expenses.

These technology experts can understand your applications, business requirements, and finance goals and work with your technical, finance, and business teams to implement cost visibility, cost reductions, optimizations, and governance processes. With their expertise, you can confidently navigate the complexities of cloud cost management.

Continuous improvement

FinOps is an ongoing journey, and Flexential FinOps teams are committed to iterating and maturing your FinOps practice. Through regular reviews, synchronization meetings, and continuous improvement efforts, we support you in staying ahead of the curve and adapting to changing business needs and emerging cloud technologies.

By partnering with Flexential FinOps, you get a proven and trusted team that will help you reclaim control over your public cloud costs, increase predictability, free up budget for other initiatives, and foster a culture of cloud cost accountability within your organization.

Contact Flexential today to learn how our FinOps and DevOps experts can help you solve your public cloud and hybrid IT challenges.