CloudOpex - FinOps Service
What is our CloudOpex (FinOps) service?
As a diet plan is a structured approach to eating that is designed to help individuals achieve specific health, fitness, or weight related goals and these plans can vary widely in terms of their objectives, such as weight loss, muscle gain, improved overall health, or management of specific medical conditions.
Similarly, our CloudOpex service is totally designed and dedicated with the objective to help our customers manage and understand the operating expenses in the public cloud, which are based on the FinOps Framework by FinOps Foundation (project of The Linux Foundation).
Why is CloudOpex (FinOps) needed?
Building on the diet plan example, imagine your cloud financial budget as a carefully crafted diet plan. Just like you allocate specific calorie limits to different food groups in a diet, your budget allocates your income to various expense categories of cloud resources like compute, storage, network and other services.
Think of your income as the daily calorie intake, and your expenses as different types of foods. You need to balance your budget by ensuring that you don't consume more foods (expenses) than your daily calorie intake (income). Just as a balanced diet keeps an individual healthy, a well-balanced cloud financial management process helps organisations maintain an optimal cloud financial health.
Cloud financial management helps organisations to manage cloud spending and make data-driven smart financial decisions on their public cloud expenses.
What value does CloudOpex (FinOps) provide?
As a diet plan provides a wide range of important benefits for your overall health and well-being like weight management, disease prevention, nutrient intake, mental and digestive health, immune system support and so on.
Similarly, there are several key benefits of establishing a cloud financial management process like FinOps practice in your organisation, which our CloudOpex service can help to outline, educate and execute.
Few important applicable features across all industry segments to realizing value from cloud operational expenses.
