FinOps, short for Financial Operations, is a methodology and set of practices that combines financial management with cloud technologies aimed at optimizing and managing cloud spending, enhancing cost transparency, and aligning cloud usage with business objectives. FinOps is a way of improvement that helps to gain control and visibility over cloud costs. With the increasing proposition of cloud vendor services, each company should manage cloud spending attentively and with maximal ROI.
Customized FinOps services provided by Dysnix experts help to optimize cloud resource allocation, identify cost-saving opportunities, and ensure cost-efficient cloud operations.
FinOps solutions are combinations of harmonically selected tools, platforms, and technologies that help companies implement and streamline the practice of FinOps. Applying the right solutions significantly reduces costs and improves the financial indicators of the company. Our DeOps engineers have enormous experience in protecting companies from overspending and non-controllable waste of cloud resources.
FinOps influences the whole company and certain groups of stakeholders, in particular, such as finance teams, IT operations, dev teams, and all manager and C-level specialists. Finance teams gain greater visibility and control over cloud expenses, IT operations teams can optimize resource allocation, development teams can align cloud usage with project requirements, and business decision-makers can make informed decisions based on cost and performance metrics. Investing in FinOps, you get more control over your company’s resources and make your main spending decisions more transparent and data-driven.
The key principles of FinOps include:
FinOps provides a framework to optimize cloud spending through:
All these services are available within the custom FinOps solutions of Dysnix.
FinOps relies on a combination of cloud management tools, cost optimization platforms, financial reporting tools, and automation technologies.
Commonly used tools include cloud service providers' cost management consoles, third-party FinOps platforms, data analytics tools, and infrastructure-as-code frameworks. In our solutions, we create a best-matching combination of tools and technologies to keep you minimally dependent on third-party providers and still have all needs covered.