FinOps - Cloud Cost Optimization

Are your cloud costs rising? Globally, up to 28% of cloud spending is inefficiently allocated.

Through FinOps, we effectively manage and optimize the costs of cloud services. At the same time, we ensure that the performance of the services you use is right sized for your needs. With our expertise and proven methodologies, we provide full control over your expenses.

FinOps enables you to break down costs by specific applications, teams, projects, or departments, allowing for more accurate expense planning.

We will start the FinOps process in a matter of weeks.

With our FinOps services, your cloud costs can realistically drop by 20-30% in the first quarter of operation.

10+ years of experience in implementing projects with MS Azure cloud.

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Comprehensive Access to Data

We evaluate the current state of your cloud solutions and create a high-level optimization plan. Our experts focus on key areas of savings and easily achievable results, while also setting up financial optimization processes. Over time, we refine the plan for maximum efficiency, ensuring ongoing improvements and adjustments based on your needs.

At Ness Digital Engineering, we’ve implemented projects on AWS and Azure platforms where clients have gained detailed insights into their cloud costs, achieving OPEX savings of 20-50%, depending on the baseline maturity of their cloud solutions.

Our FinOps Services Include:

Cost Analysis: Detailed examination of your cloud spending to pinpoint savings opportunities.
Cost Optimization: Development and implementation of strategies to enhance efficiency and reduce costs.
Ongoing Monitoring: Regular tracking and reporting on cloud spending, ensuring you maintain full control over your budget.

FinOps is a complex area that requires deep knowledge of cloud technologies and cost management.

We have a senior team of experts with up to 10 years of cloud experience.

85% of our clients have been working with us for more than 5 years.

What Do You Realistically Gain?

In the initial months after implementing FinOps, you can expect a 20-30% reduction in cloud costs. Following this stabilization, costs change in a controlled manner aligned with your needs, ensuring sustained savings.

For dynamic companies introducing new applications, FinOps delivers even greater benefits, offering scalable solutions and cost adjustments tailored to evolving requirements.

Specific Measures to Implement:

Involve stakeholders with direct spending influence, not just the CFO or CTO. Collaboration across teams is crucial.
Provide transparent financial reports with alerts and savings recommendations to encourage awareness and accountability.
Leverage tools for cost visualization and start by working with one cloud provider's data.
Set up real-time spending alerts in communication tools (Teams, Slack) for better oversight.
Use tagging for enhanced resource visibility.
Negotiate discounts with cloud providers.
Deactivate unused services.
Optimize using metrics like ROI and cost-per-RAM/CPU/HDD.

How Does Cooperation With Us Work?

Initial Analysis: We conduct a comprehensive assessment of your current cloud costs, identifying optimization opportunities.
Detailed Plan: We prepare an implementation schedule, clearly assigning responsibilities to each team.
FinOps Process Setup: We establish FinOps workflows to ensure ongoing cost efficiency.
Ongoing Support: After implementation, we provide continuous support, reporting, and recommendations for further optimization.