target audience: TECH BUYER Publication date: Nov 2022 - Document type: IDC PeerScape - Doc Document number: # US49823822
IDC PeerScape: FinOps Practices for Cloud Optimization
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Abstract
This IDC PeerScape delves into the FinOps journey of four very different FinOps practitioners that wrestle with the cloud every day. From digital natives to traditional manufacturing companies to corporate giants with massive cloud operations, their experiences through the FinOps "crawl," "walk," and "run" project stages will be expressed around the following key themes:
- Optimizing the fire hose of cloud costs by attacking both price and utilization
- Positioning FinOps at the center of an enterprise cloud management culture
- "Running" with FinOps; getting the cloud engine roaring
"Because of the highly variable, highly wasteful, immediate cash flow impact, and rapidly growing nature of cloud spend, investments in FinOps provide excellent returns to help manage this beast," says Robert Multhaup, adjunct research advisor with IDC's IT Executive Programs (IEP).