As we’ve previously mentioned, our clients have firmly shifted focus to the bottom line and efficiency in response to the current economic climate. With many businesses trying to get a handle on their costs, one of the hottest topics over the past year has been cloud spend. As the chart below shows, as enterprises spend more and more on cloud, they are grappling with how to make the growth efficient and sustainable. Cloud spend has quickly become a dominant factor in enterprise IT budgets, often consuming over half of them as organizations eagerly transition workloads to public clouds, adopt SaaS solutions, and integrate Generative AI tools. In many cases, this migration has inadvertently escalated overall IT spending, challenging the initial promise of lower costs in the cloud. Unfortunately, it’s a common narrative: the expectation of reduced costs and enhanced services from cloud migration has led to significant budget overruns and decreased cost efficiency. For many companies, the rapid migration to cloud occurred without a sustainable scaling and operational strategy, leaving them on an unsustainable path. Costs are mounting, with investments in cloud resources frequently outpacing their perceived value. As a result, many companies are starting to look towards FinOps to help rein in cloud spend and implement better governance. FinOps is the emerging operating model that provides ongoing discipline and coordination necessary to optimize cloud spend. This is not a one-off measure, but a durable practice aimed at maximizing value while minimizing costs through continuous optimization. Transitioning to FinOps, however, is not without complexity. It requires new processes and ways of working that take time, effort, and resources to put into practice. Our recent client engagements have focused on achieving near-term cost savings while establishing fundamental FinOps practices for sustained management. This topic is rapidly gaining attention in the C-suite and boardroom. How is your organization addressing cloud costs? #FinOps #CostOptimization #ITBudget #CloudStrategy #Consulting
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We are seeing a greater focus on FinOps and cloud costs is a key area of concern. If you are struggling to keep FinOps cost in line we would welcome the chance to discuss what we are seeing. #Finops #CostOptimization #ITbudget #cloudstrategy HighPoint Associates
As we’ve previously mentioned, our clients have firmly shifted focus to the bottom line and efficiency in response to the current economic climate. With many businesses trying to get a handle on their costs, one of the hottest topics over the past year has been cloud spend. As the chart below shows, as enterprises spend more and more on cloud, they are grappling with how to make the growth efficient and sustainable. Cloud spend has quickly become a dominant factor in enterprise IT budgets, often consuming over half of them as organizations eagerly transition workloads to public clouds, adopt SaaS solutions, and integrate Generative AI tools. In many cases, this migration has inadvertently escalated overall IT spending, challenging the initial promise of lower costs in the cloud. Unfortunately, it’s a common narrative: the expectation of reduced costs and enhanced services from cloud migration has led to significant budget overruns and decreased cost efficiency. For many companies, the rapid migration to cloud occurred without a sustainable scaling and operational strategy, leaving them on an unsustainable path. Costs are mounting, with investments in cloud resources frequently outpacing their perceived value. As a result, many companies are starting to look towards FinOps to help rein in cloud spend and implement better governance. FinOps is the emerging operating model that provides ongoing discipline and coordination necessary to optimize cloud spend. This is not a one-off measure, but a durable practice aimed at maximizing value while minimizing costs through continuous optimization. Transitioning to FinOps, however, is not without complexity. It requires new processes and ways of working that take time, effort, and resources to put into practice. Our recent client engagements have focused on achieving near-term cost savings while establishing fundamental FinOps practices for sustained management. This topic is rapidly gaining attention in the C-suite and boardroom. How is your organization addressing cloud costs? #FinOps #CostOptimization #ITBudget #CloudStrategy #Consulting
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When I first heard the term "FinOps" a while back, I immediately assumed it was a portmanteau of Finance & Operations. Luckily I kept my mouth shut and have since been working with the HighPoint Associates team, including experts like Bob Kaplan and Paul Callahan, to support clients who have gotten out over their skis on their cloud related spend - across what seems like every industry. The chart below is a compelling one - "get onto the cloud no matter what" seemed to be the North Star for a long while - and now it has come back to bite organizations that over spent, haven't gotten the ROI 'promised' to them, or just shouldn't have done it in the first place. Let me know if you want to talk to Bob & Paul about it! #FinOps #CostOptimization #ITBudget #CloudStrategy #Consulting
As we’ve previously mentioned, our clients have firmly shifted focus to the bottom line and efficiency in response to the current economic climate. With many businesses trying to get a handle on their costs, one of the hottest topics over the past year has been cloud spend. As the chart below shows, as enterprises spend more and more on cloud, they are grappling with how to make the growth efficient and sustainable. Cloud spend has quickly become a dominant factor in enterprise IT budgets, often consuming over half of them as organizations eagerly transition workloads to public clouds, adopt SaaS solutions, and integrate Generative AI tools. In many cases, this migration has inadvertently escalated overall IT spending, challenging the initial promise of lower costs in the cloud. Unfortunately, it’s a common narrative: the expectation of reduced costs and enhanced services from cloud migration has led to significant budget overruns and decreased cost efficiency. For many companies, the rapid migration to cloud occurred without a sustainable scaling and operational strategy, leaving them on an unsustainable path. Costs are mounting, with investments in cloud resources frequently outpacing their perceived value. As a result, many companies are starting to look towards FinOps to help rein in cloud spend and implement better governance. FinOps is the emerging operating model that provides ongoing discipline and coordination necessary to optimize cloud spend. This is not a one-off measure, but a durable practice aimed at maximizing value while minimizing costs through continuous optimization. Transitioning to FinOps, however, is not without complexity. It requires new processes and ways of working that take time, effort, and resources to put into practice. Our recent client engagements have focused on achieving near-term cost savings while establishing fundamental FinOps practices for sustained management. This topic is rapidly gaining attention in the C-suite and boardroom. How is your organization addressing cloud costs? #FinOps #CostOptimization #ITBudget #CloudStrategy #Consulting
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I'm sharing one area our productivity and cost work has surfaced many times: Runaway cloud costs (e.g., with AWS, Azure ). We've been supporting clients in their efforts to better manage their cloud 'COGS' with fin ops, understanding the key drivers and enabling better predictability. #FinOps #CostOptimization #IT #CloudStrategy
As we’ve previously mentioned, our clients have firmly shifted focus to the bottom line and efficiency in response to the current economic climate. With many businesses trying to get a handle on their costs, one of the hottest topics over the past year has been cloud spend. As the chart below shows, as enterprises spend more and more on cloud, they are grappling with how to make the growth efficient and sustainable. Cloud spend has quickly become a dominant factor in enterprise IT budgets, often consuming over half of them as organizations eagerly transition workloads to public clouds, adopt SaaS solutions, and integrate Generative AI tools. In many cases, this migration has inadvertently escalated overall IT spending, challenging the initial promise of lower costs in the cloud. Unfortunately, it’s a common narrative: the expectation of reduced costs and enhanced services from cloud migration has led to significant budget overruns and decreased cost efficiency. For many companies, the rapid migration to cloud occurred without a sustainable scaling and operational strategy, leaving them on an unsustainable path. Costs are mounting, with investments in cloud resources frequently outpacing their perceived value. As a result, many companies are starting to look towards FinOps to help rein in cloud spend and implement better governance. FinOps is the emerging operating model that provides ongoing discipline and coordination necessary to optimize cloud spend. This is not a one-off measure, but a durable practice aimed at maximizing value while minimizing costs through continuous optimization. Transitioning to FinOps, however, is not without complexity. It requires new processes and ways of working that take time, effort, and resources to put into practice. Our recent client engagements have focused on achieving near-term cost savings while establishing fundamental FinOps practices for sustained management. This topic is rapidly gaining attention in the C-suite and boardroom. How is your organization addressing cloud costs? #FinOps #CostOptimization #ITBudget #CloudStrategy #Consulting
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How much do you think you're spending on your cloud costs? It's a question you'd think many leaders would have a firm grip on, but in the many conversations I have, this is not the case. Of course, the move to the cloud has it's well sung benefits: agility, scalability, efficiency - the list goes on. But are we truly seeing the big picture on costs? Cloud Finance Optimization challenges the "lift and shift" mentality, advocating for a data-driven approach to cloud spend. Here's the reality: Sure, you ditch expensive hardware, but cloud services can snowball. FinOps helps you optimize resource usage, avoiding the "pay for everything, use almost nothing" trap. The state of play: 💡 As businesses increasingly adopt cloud infrastructure and services, there's a rising demand for efficient cost management and maximizing ROI. 💡 The ongoing digital transformation across industries and the need for clear financial visibility are propelling the market's growth. 💡 As companies transition to cloud environments, they require tools that facilitate smooth migration and help discover and allocate resources efficiently across multiple cloud platforms. And the trend lines for cloud spend cost over the next 5 years show no signs of slowing down. So, what is there to do to make informed decisions about cloud adoption and resource allocation? To name a few: ✅ Waste Management: Cleaning up unused cloud resources; Account restructuring ✅ Consumption Management: Autoscaling; Instance rightsizing and generation migration to latest instance type ✅Cost-aware Architecture: Build with cloud-native architecture (microservices and containers); Revisit heavy-compute workloads ✅Tagging: It is critical to have state of the art tagging policy. Use automation clean up and manage resources What next? Cloud Finance Optimization (also known as FinOps) equips tech leaders to: Make informed decisions about cloud adoption and resource allocation. Collaborate with finance teams for better cloud cost management. Drive innovation within budget constraints. Is this something your firm has been looking into over the past 6-12 months? ⬇ #finops #cloudoptimisation #microservices
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Co-founder at CodeFC Treinamentos | Principal Consultant @Devoteam | 7x Microsoft MVP, MCT, Driving Digital Transformation
Hi Team! 𝐂𝐨𝐬𝐭 𝐎𝐩𝐭𝐢𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧: 𝐌𝐢𝐜𝐫𝐨𝐬𝐨𝐟𝐭'𝐬 𝐖𝐞𝐥𝐥-𝐀𝐫𝐜𝐡𝐢𝐭𝐞𝐜𝐭𝐞𝐝 𝐅𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤 💲 Cost Optimization is the strategic balance between spending and performance in cloud computing. It's not just about cutting costs; it’s about smart spending to maximize value! 📊🔄 🌟 𝐖𝐡𝐲 𝐏𝐫𝐢𝐨𝐫𝐢𝐭𝐢𝐳𝐞 𝐂𝐨𝐬𝐭 𝐎𝐩𝐭𝐢𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧? In the dynamic world of cloud services, efficient financial management is crucial. Here’s why: - 𝘚𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘭𝘦 𝘎𝘳𝘰𝘸𝘵𝘩: Keeps your cloud costs aligned with business objectives. - 𝘙𝘦𝘴𝘰𝘶𝘳𝘤𝘦 𝘌𝘧𝘧𝘪𝘤𝘪𝘦𝘯𝘤𝘺: Ensures you get the most bang for your buck from cloud resources. - 𝘈𝘥𝘢𝘱𝘵𝘢𝘣𝘪𝘭𝘪𝘵𝘺: Stay agile with a cost structure that supports scaling and innovation. - 𝘊𝘰𝘮𝘱𝘦𝘵𝘪𝘵𝘪𝘷𝘦 𝘌𝘥𝘨𝘦: Effective cost management can be a significant competitive advantage. 🏆 🔍 𝐊𝐞𝐲 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐢𝐧 𝐂𝐨𝐬𝐭 𝐎𝐩𝐭𝐢𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧: Resource Scaling: Adjusting resources to meet demand without over-provisioning. - 𝘗𝘳𝘪𝘤𝘪𝘯𝘨 𝘔𝘰𝘥𝘦𝘭𝘴: Utilizing appropriate pricing models (like reserved instances or spot pricing) for different workloads. - 𝘙𝘦𝘨𝘶𝘭𝘢𝘳 𝘊𝘰𝘴𝘵 𝘙𝘦𝘷𝘪𝘦𝘸𝘴: Continuously monitoring and reviewing expenses to identify saving opportunities. 𝘜𝘴𝘪𝘯𝘨 𝘉𝘶𝘥𝘨𝘦𝘵𝘴 𝘢𝘯𝘥 𝘍𝘰𝘳𝘦𝘤𝘢𝘴𝘵𝘴: Setting budgets and forecasting to keep spending in check. Cost Optimization is about making informed choices that align with your business objectives and drive efficiency and this approach is crucial for long-term sustainability and innovation. Costs in a cloud environment must be constantly analyzed and Azure offers us tools to help with this task and go beyond, also optimizing resources. 💼🌐 📗 𝐋𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞: https://lnkd.in/dv9ja4Gy 🔗 𝐊𝐞𝐞𝐩 𝐢𝐧 𝐭𝐨𝐮𝐜𝐡: Follow me and don’t forget to check out my YouTube channel Code FC(https://lnkd.in/dXhyY8u) for more! 🎥 #MicrosoftWellArchitectedFramework #AzureLandingZone #CloudStrategy #Azure #CloudComputing #CostOptimization #DigitalTransformation #TechCommunity #Innovation #CodeFC #mvp #mvpbuzz #reliability #TechFinance
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A good series on navigating the Cloud Optimization Challenges.
Title: Navigating the Cloud Cost Optimization Maze: A Series on Advanced Strategies 🌐 Intro to the Cloud Revolution Democratizing Access to Cutting-Edge Tech Welcome to our series where we dive deep into the critical topic of optimizing costs in public cloud environments. The public cloud has been a game-changer, bringing unprecedented access to new technologies, especially in areas like ML/AI and data science. It's not just a technology shift; it's a democratization of access, opening doors to rapid innovation for businesses of all sizes. 📈 The Complexity of Cloud Cost Management at Scale As we embrace cloud scalability, we encounter a labyrinth of cost management complexities. Imagine juggling a massive amount of cost and usage data across various services, each with its own set of options and business rules. This becomes even more daunting in a multi-cloud scenario. The challenge? Finding that elusive "needle in the haystack" of cost optimization. 🔗 Interdependencies in Cost Optimization Decisions: In our upcoming posts, we'll explore the interdependent nature of cost optimization decisions in the cloud. Decisions are not made in isolation. The type of instances, their sizes, and the commitment to savings plans or reserved instances are all pieces of a larger puzzle. Right-sizing and right-typing are not just individual choices; they're part of an intricate web of interrelated decisions. 🛠 Implementing Optimization Strategies: The Real Challenge Once we chart a course for cost optimization, the real work begins. Implementing these strategies, especially at scale, is a monumental task. Automation is key, but without it, organizations hit a major roadblock. In this series, we'll tackle how to overcome these hurdles effectively. Stay tuned as we unravel these topics in detail in the coming weeks. Our journey will equip you with insights and strategies to optimize your cloud costs effectively, ensuring you get the most out of your cloud investment. #CloudCostOptimization #PublicCloud #FinOps #CloudStrategy #TechSeries @skie.io
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In today's rapidly evolving digital landscape, managing cloud costs effectively has become a crucial aspect of cloud strategy. Azure provides a suite of tools that can be pivotal in achieving this. As cloud environments grow more complex with multiple service models and pricing options, it's vital for businesses to implement robust cost management practices to ensure operational efficiency and financial health. Here are some essential strategies and Azure services that have proven effective in optimizing cloud spend: 1. **Implementing Automated Cost Monitoring Tools**: Azure Cost Management Billing offers automation that plays a pivotal role in tracking cloud resources and their usage to prevent budget overruns. 2. **Adopting a FinOps Framework**: Integrating finance operations into the cloud strategy with Azure’s detailed billing APIs helps align cloud investments with business outcomes, promoting department cost accountability. 3. **Resource Tagging and Management**: Azure Policy and Tags clarify resource allocation, making it easier to identify wastage and optimize resource deployment. 4. **Rightsizing and Scaling**: Tools like Azure Advisor regularly suggest adjustments in the scale of cloud services to meet actual business needs, significantly cutting unnecessary costs. 5. **Choosing the Right Cloud Service Models**: Understanding and selecting the most cost-effective cloud service models and plans according to the specific needs of your business using Azure’s flexible service options. I’d love to hear from others in the industry. How are you managing your cloud expenses? What tools and strategies have you found most effective in controlling cloud costs? **#CloudCostManagement #Azure #FinOps #CloudComputing #TechLeadership #DigitalTransformation #ITCostOptimization #CloudSecurity #AzureBilling #TechInnovation
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Title: Navigating the Cloud Cost Optimization Maze: A Series on Advanced Strategies 🌐 Intro to the Cloud Revolution Democratizing Access to Cutting-Edge Tech Welcome to our series where we dive deep into the critical topic of optimizing costs in public cloud environments. The public cloud has been a game-changer, bringing unprecedented access to new technologies, especially in areas like ML/AI and data science. It's not just a technology shift; it's a democratization of access, opening doors to rapid innovation for businesses of all sizes. 📈 The Complexity of Cloud Cost Management at Scale As we embrace cloud scalability, we encounter a labyrinth of cost management complexities. Imagine juggling a massive amount of cost and usage data across various services, each with its own set of options and business rules. This becomes even more daunting in a multi-cloud scenario. The challenge? Finding that elusive "needle in the haystack" of cost optimization. 🔗 Interdependencies in Cost Optimization Decisions: In our upcoming posts, we'll explore the interdependent nature of cost optimization decisions in the cloud. Decisions are not made in isolation. The type of instances, their sizes, and the commitment to savings plans or reserved instances are all pieces of a larger puzzle. Right-sizing and right-typing are not just individual choices; they're part of an intricate web of interrelated decisions. 🛠 Implementing Optimization Strategies: The Real Challenge Once we chart a course for cost optimization, the real work begins. Implementing these strategies, especially at scale, is a monumental task. Automation is key, but without it, organizations hit a major roadblock. In this series, we'll tackle how to overcome these hurdles effectively. Stay tuned as we unravel these topics in detail in the coming weeks. Our journey will equip you with insights and strategies to optimize your cloud costs effectively, ensuring you get the most out of your cloud investment. #CloudCostOptimization #PublicCloud #FinOps #CloudStrategy #TechSeries @skie.io
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Cloud Enthusiastic|AWS solution architect Professional|AWS 3X|Azure 2X|Cloud Architecture|Cloud Talks
Hello everyone, Today, I'm thrilled to dive into a concept that's pivotal in optimizing our cloud computing resources: Diagonal Scaling. In our ever-evolving technological landscape, efficiency is paramount, and diagonal scaling offers us a powerful tool to achieve just that. So, what exactly is diagonal scaling? In essence, diagonal scaling involves increasing both the computational power and storage capacity of our cloud infrastructure simultaneously. Unlike traditional vertical or horizontal scaling, which focus solely on one aspect at a time, diagonal scaling allows us to maintain a balanced approach, ensuring that our system remains robust and responsive to fluctuating demands. Why is diagonal scaling significant for our organization? Well, let's consider a scenario where we experience a sudden surge in user activity. With diagonal scaling, we can seamlessly ramp up both processing power and storage capacity in tandem, ensuring that our system can handle the increased workload without compromising performance or reliability. This proactive approach not only enhances user experience but also safeguards against potential downtime and service disruptions. Moreover, diagonal scaling promotes resource utilization and cost-efficiency. By scaling resources proportionally, we avoid over-provisioning or underutilization of our cloud infrastructure. This translates to optimized spending and maximized return on investment, a win-win situation for our organization. Implementing diagonal scaling requires careful planning and integration into our existing cloud architecture. We'll need to leverage automation tools and monitoring systems to dynamically adjust resource allocation based on real-time data and performance metrics. Additionally, collaboration across teams will be crucial to ensure smooth deployment and seamless operation. In conclusion, diagonal scaling presents us with a forward-thinking approach to cloud computing optimization. By embracing this strategy, we can enhance scalability, resilience, and cost-effectiveness, ultimately empowering our organization to thrive in today's competitive landscape. Thank you for your attention, and I'm eager to hear your thoughts and insights on how we can leverage diagonal scaling to propel our cloud infrastructure forward. Let's continue to innovate and evolve together. Thanks Rakesh Mohanty , Lekshmi R swarnim shrotriya Saleem Sheik for the feedback. Societe Generale Global Solution Centre #scalability #cloud #archtalks #aws #cloudcomputing
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