Cloud Financial Management (FinOps)

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The challenge

The proactive management of public cloud finances for organisations can be complex and difficult to deliver:

  • Complex technologies with consistent updates and variations of costing models used
  • Convoluted reconciliation of cloud consumption across the organisation
  • Cost reduction opportunities difficult to implement on wide scale
  • Future consumption forecasting is challenging due to dynamic nature of cloud

How we can help

Our Financial Management (FinOps) service is designed to help clients address these issues and a multitude of others, by providing a modular approach that can be adapted to your specific goals and the stage you are at on your cloud adoption journey.

Our focus is on enabling you to achieve your goals and exploit financial opportunities which the cloud provides to your organisation, now and in the future.

We bring unique expertise, frameworks and methodologies, not to mention significant experience and a track record of successful financial management, that make this happen.

Ultimately, our service provides clients with guidance, support, expertise and capabilities that enable:

  • The design, development and evolutionĀ of a cloud financial strategy
  • A pragmatic and implementable plan to achieve that strategy
  • Delivery of the key components such as alerts, reporting and tooling to enable effective, scaled management of cloud finances
  • Negotiation of enterprise agreements with Cloud Service Providers (CSPs) to allow substantial discounts

FinOps Service Modules

Cloud financial strategy
Development of financial strategy for management of cloud costs
Cloud financial management (FinOps) framework
Development of framework for cloud financial management (FinOps)
Cost reduction analysis
Comprehensive review of existing cloud estate and consumption costs
Business case and benefits tracking
Formulation of business case for cloud investment, delivered at organisational, business unit and programme level as required
Enterprise supplier contract negotiation
Engagement with CSPs to agree Enterprise agreements, with objective to drive volume discounts
FinOps Tooling, Reporting, & Automation
Analysis, design and delivery of tooling and automation to enable effective and efficient cost management across cloud estate