Source: thenewstack.io
4 Reasons Your Cloud Operations Need a FinOps TeamCategory: Business, Data
When organizations begin making the transition from on-premises IT infrastructure to public cloud, their financial IT operations change as fundamentally as their infrastructure does. The largest conceptual paradigm shift is that from large, infrequent capital outlays for IT infrastructure procurement to hourly operational expenses.
Prior to engaging with us, up to 20% of cloud spend could not be traced to any business unit in one of our large Fortune 100 clients.
When they are given this visibility for the first time they instantly see where they are wasting and begin shutting down or deleting unnecessary resources.
And the single most important component of measuring efficiency is segmenting it in a way that 100% (ideally) of the cloud spend can be traced to humans who are responsible for having generated it.
Prior to engaging with us, up to 20% of cloud spend could not be traced to any business unit in one of our large Fortune 100 clients.
When they are given this visibility for the first time they instantly see where they are wasting and begin shutting down or deleting unnecessary resources.
And the single most important component of measuring efficiency is segmenting it in a way that 100% (ideally) of the cloud spend can be traced to humans who are responsible for having generated it.
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