Cloud Bills: A Billion-dollar Puzzle

Transitioning to the cloud, be it private, public, hybrid or multi-cloud, without a planned strategy often exposes enterprises to higher spending. To realize greater benefits and avoid vexatious budget surprises, CFOs and CDOs must view clouds from the perspective of cost vs long-term value.

While choosing a suitable pricing model or gaining cost transparency are some of the standard cloud cost management measures, having robust financial governance is the need of the hour to connect the cost of cloud workloads to business value, higher ROI, and zero impact performance. This gap is driving the rise of a new service model—FinOps as a Service.

In 2022, multi-cloud witnessed a deliberate adoption among almost 75% of enterprise cloud IaaS users.

Rightsizing workloads can save up to 70% of cloud costs.

By 2026, augmented financial operations (FinOps) is expected to improve cloud cost optimization and reduce efforts that go into budget planning by up to 40%.

Can FinOps as a Service Solve the Puzzle?

FinOps connects the cost of workloads to its business value. It positions you to manage cost overruns caused by suboptimal workloads or misaligned pricing models.

~ Gartner

Financial Operations or FinOps as a Service is designed to simplify the complex process of cloud financial management by bringing together people, processes and technology. It helps businesses mitigate the financial risk of managing cloud finance by providing knowledge, tools, and strategies.

The Real Benefits of FinOps as a Service

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Minimizes financial risk

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Leverages diverse innovation

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Offers faster impact

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Provides access to rich experience

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Helps optimize the entire ecosystem

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Makes cloud bills predictable

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Creates financial accountability

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Ensures higher cost visibility

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Prevents cloud sprawl

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Enables trust across organization

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Accelerates agility

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Refines cloud management process

What’s Better: Traditional Cost Management Approach Vs Cloud FinOps

 

Traditional Approach

Cloud FinOps

Visibility & Accessibility

Limited

High

Real-time Decision Making

Low accuracy

High accuracy

Cross-team Collaboration

Troubled

Seamless

Cost Management Process

Short-term reporting

Long-term planning

Cloud4C FinOps as a Service

Cloud4C FinOps as a Service frees organizations from the burden of building and implementing complex cost management roadmaps, training teams, or hiring in-house cloud cost experts by offering the right governance and support to bring financial accountability, efficient cost optimization, greater cost visibility and resiliency across the organization. Designed to provide a holistic framework and a proven roadmap, the FinOps as a Service enables organizations to leverage Cloud4C’s existing capabilities to understand and manage cloud costs and plan tradeoffs.

Unlock Maximum Business Value & Growth with Cloud4C FinOps as a Service

Contact With Us

A Step-by-Step Approach to Achieve Greater Financial Governance

Every business is unique, and so is the cloud financial objective. Cloud4C cloud financial consulting experts run a thorough assessment of your workloads, usage and billings to realize your exact FinOps needs. Following the initial assessment, fail-proof performance tracking and benchmarking plans are drafted to support real-time decision-making. To achieve long-term financial governance, our experts also help clients in planning and implementing cloud rate optimization and usage optimization, as well as establishing a cost-conscious culture.

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Cloud Usage And Cost Understanding

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Performance Tracking And Benchmarking

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Real-Time Decision-Making

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Cloud Rate Optimization

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Cloud Usage Optimization

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Organizational Alignment

Get Tailored Cloud Financial Management Solutions for Your Exact Business Needs

What’s in the offering?

Multi-cloud Cost Visibility
Cost Reports
Cost Optimization
Cost Saving Recommendations
Forecasts & Budget Tracking
Tagging Compliance
Proactive Cost Control
Resource Visibility and insights
Utilization Monitoring
FinOps Maturity Assessment
Right-Sizing
Security Parameter Assessment
Show-back, Charge-back capabilities
Security compliance control recommendation

Tools & Platforms

Intel Gold Partner Logo
Granulate
Intel Cloud Optimizer logo
Corestack Logo
CloudCheckr Logo

Cloud4C FinOps
Lifecycle and Services

Phase 1

Discover

  • Visibility into IT spend
  • Granular cost allocation
  • Cost governance configuration

Budgeting

  • Spend analysis
  • Budget forecasts
  • Team benchmarking

Phase 2

Innovate

  • Define and establish controls for cloud usage
  • Visibility into budget and forecast

Optimize

  • Cost analysis and reporting
  • Anomaly detection
  • Rightsizing recommendations

Phase 3

Operate

  • Find and remove unused resources
  • Security posture guidance
  • Industry peer-level benchmarking

Govern

  • Integration with ITSM tool
  • Real-time decision-making

FinOps Process Flow

Cloud4C FinOps Process Flow
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  • Cost Billing API
  • Cost Billing API
  • Cost Billing API
  • Cloud4C SHOP
    FinOps Module
  • Filter by
    Metrics
  • Cloud Platform
    Configuration Review
  • Security Assessments
  • Cloud4C
    COE Team
  • Data Prediction
  • Cloud4C FinOps
    Expert
  • Cloud4C
    Security Expert
  • Cloud4C FinOps
    Dashboard
  • Cloud4C
    FinOps Report
  • Customer
    C-Level Team
  • Application
    Owners

Leverage the best of Cloud Returns, 24/7 all along.

Connect With Our FinOps Experts.

When FinOps Meets Security Monitoring

Our Promise to End Misconfigurations and Breaches

Workload misconfiguration, frauds and breaches are major contributors to unpleasant cloud bills. That’s why it’s essential to make cloud security the base of your FinOps strategy. We combine FinOps with our Security Monitoring services to create a shared business-driven strategy for your finance and engineering teams in order to reduce risks while optimizing costs. Our seasoned experts are here to help you reimagine cloud security measures from the ground up, integrating them with our financial analysis model and your ITSM tools to provide granular visibility into cost and compliance scenarios.

Benefits of Cloud4C FinOps + SecMon Service​

FinOps Module of our SHOP (Self Healing Operations Platform) based resource utilization monitoring for:
  • Action-oriented multi-cloud / multi-dimensional reports through the FinOps tool
  • Visibility into compliance and security controls to take proactive steps to avoid any financial & brand impact
  • Granular visibility and insights into resources utilization and cost
  • Integration with customer ITSM tools

Better financial prediction and bringing the accuracy of forecasts to avoid cost leakages & budget overruns

Tool + experience consultant to drive data-driven business decision

Proposed Operating Model

Cloud4C FinOps Operating Model
  • Frontend Team
    (Customer Facing)
  • Technical
    Architect /
    Security
    Architect / CSM
  • Change Request /
    Service Request
  • Access to Cloud
    Platform
  • Support
  • Customer Ops Center
  • Executives
  • Business /
    Product
  • Finance
    Procurement
  • Cloud Ops /
    Engineering
  • Provide
    Recommendation
  • Public Cloud
    Platform
    Deployments of
    Customer
  • Monitoring
  • Update in customer
    ticketing system
  • FinOps Consult
    [Public Cloud -
    Enterprise Architect]
  • Security Architect
    for SecOps
    Review and
    Recommendation
  • Cloud4C SHOP
    Platform
    (FinOps and SecOps
    Monitoring and
    Reporting)
  • PM
  • Quality
  • Backend Team [CoE - Specialist]
  • Azure CoE
  • AWS CoE
  • OCI CoE
  • GCP CoE
  • Security - CoE
  • OS - CoE
  • DB - CoE
  • Network - CoE
  • Engineering Team
    Lift & Shift, Apps Conversion, DB Conversion,
    Data Conversion
  • DevOps
  • Scalable Resource Pool - engagement on need basis [24 x 7 support]

Sign up for a FinOps Assessment Workshop.

 

We will provide a documented overview of a financial governance framework that works for you, high-level recommendations and next steps in your financial performance journey.

Sign Up Now

Effective Cost Management: Success Stories

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A cloud-focused digital solutions leader truncated overall TCO with our DevOps automation backed by AWS, boosting its innovative service agility.

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The story of our life sciences client slashing down its overall cloud expenses by 50% through a strategic and fail-proof migration to a custom AWS platform.

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finops cost

A healthcare entity significantly cut down on maintenance and personnel costs by migrating to a more cost-efficient platform with us.

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Why Trust Cloud4C: Our Key Differentiators

4000+ global enterprise customers, 12 years of cloud managed service experience across 26 nations

2000+ certified cloud experts, 25 Centers of Excellence

Established partnerships with leading hyperscalers: AWS, Azure, GCP, OC

AIOps-driven Automation-enabled services guaranteeing upto 99.95% availability at application-level

Upto 50% cost savings with dedicated cloud cost optimization techniques

24/7 resource monitoring for maximum performance and efficiency

End outcome-level support for greater business impact

Single SLA offerings for greater value over cloud investments

Advanced cybersecurity and compliance capabilities to minimize risk impact

Ready To Drive Financial Accountability And Maximize Business Value From Cloud?

Talk to our experts