Cloud cost management solutions are built for a few IT guys who run the analysis, get a 50-page report on what they need to optimize or improve and then, theoretically, they need to implement these reports and reduce a cloud bill. But in reality, the IT people can cover only 20–30% of the report themselves and to proceed with the rest they have to collaborate with resource owners explaining to them what needs to be done and why they should do that. And those resource owners are engineers running their jobs, tests, R&D workloads.
FinOps, at the same time, involves the whole FinOps team in the cost-saving process and this team consists of executive engineering leaders, a financial team and engineers who are the main cost generators as they run automation, launch VMs and forget to clean up. Proper FinOps software should generate targeted recommendations to IT guys to cover ‘low-hanging fruit’ cloud cost optimizations and engineers to track and notify about their resources.
Cloud cost management solves immediate problems while FinOps, in addition, builds a process. It doesn’t matter what number you see as a possible saving in your cloud cost management solution if you cannot implement all the recommendations, and it is impossible without a proper process and engaging engineers.
A full description of Hystax OptScale as a FinOps enablement platform – product features, benefits and functionality
This ebook will cover the implementation of basic FinOps principles to shed light on alternative ways of conducting cloud cost optimization
Discover how OptScale helps companies quickly increase FinOps adoption by engaging engineers in FinOps enablement and cloud cost savings