You Don’t Know What You Don’t Know (in the Cloud)

You know the old saying – you don’t know what you don’t know? When it comes to your cloud spend, there is likely a lot you don’t know about unseen costs, potential risks, and ways you could be saving.

Follow along in this week’s edition of The SoftwareONE Scoop to see how our cunning Cloud Detectives investigate the inner workings of cloud spend to help organizations optimize costs and minimize risks.

Demystifying Cloud Spend with the Cloud Detectives

Cloud Detective /noun/ investigators trained in the area of cloud waste and cloud cost optimization

Like any good detective story, understanding cloud spend starts with unraveling conflict. In many cases, that conflict is traditional IT frameworks.

Fortunately, our savvy Cloud Detectives are on the case and ready to solve the mystery of cloud spend with their trusty sidekick – FinOps (cloud financial management).

By uncovering your cloud waste and ways that you could optimize your cloud spend with FinOps, our investigators will help you get to the bottom of this mystery. This will help you control cloud costs, minimize risks, and drive efficiencies.

Cracking New Cloud Cases with FinOps

When a financial services firm lost the support of its FinOps managed services provider on short notice, SoftwareONE stepped in on the case.

Our Cloud Detectives investigated and identified opportunities to reduce their cloud spend by a half-million dollars. We also supported their migration to a new FinOps platform and helped build the capabilities needed to bring its FinOps practice fully in-house. A breakthrough in our case!

With cloud costs under control and the knowledge to use their investments effectively, the company can now focus on innovating new products and services to grow the business. Read the entire case file .

Cloud Overspend: The Culprit of 2023?

Cloud spend is a tenacious trickster - and a growing problem as organizations struggle with a lack of visibility and increased complexity. According to a prediction from Gartner, 60% of infrastructure and operations leaders will encounter public cloud cost overruns that negatively impact their on-premises budgets through 2024.

How can businesses solve the mystery of cloud overspending better to inform budgets in complex and unpredictable cloud environments? Clue: forecasting. This is the best way to anticipate results, create budgets, and respond quickly enough to keep cloud costs from spiraling out of control. Plus, organizations with a FinOps team to build these forecast models and establish budgets that align with the business goals will be well-prepared for 2023 and beyond. Read more: Why Forecasting Is Important For Getting Cloud Costs Under Control (forbes.com)

Meet the Cloud Detectives at Gartner IOCS 2022

Want to learn more about FinOps directly from our Cloud Detectives? Don’t miss your chance to get to the bottom of your questions and concerns at the Gartner IOCS Conference today through Thursday in fabulous Las Vegas!

Here’s where you can find us:

SoftwareONE Booth #214 – Stop by to chat with the SoftwareONE team and discuss your future in the cloud.

Maximizing Your Cloud Value with the 5 Cs of FinOps – Join our session on Thursday, December 8, at 3:15 p.m. on the third floor of the Venetian Resort to hear from SoftwareONE Vice President of Services Jared Cheney. Discover why a solid FinOps practice incorporates the 5 Cs - communication, culture of accountability, collaboration, centralized team, and continuous improvement. Learn how your company can get the most value from your cloud.

And that’s the scoop! We’d love to hear from you. What did you like? What do you want to see more of? Leave us a comment below??? ?so we can make sure we’re serving up the best content for you. And don't forget to subscribe??? ?so you don’t miss our next edition!