FinOps as a Service

Cloud Bills: A Billion-dollar Puzzle

Transitioning to the cloud, be it private, public, hybrid or multi-cloud, without a planned strategy often exposes enterprises to higher spending. To realize greater benefits and avoid vexatious budget surprises, CFOs and CDOs must view clouds from the perspective of cost vs long-term value.

While choosing a suitable pricing model or gaining cost transparency are some of the standard cloud cost management measures, having robust financial governance is the need of the hour to connect the cost of cloud workloads to business value, higher ROI, and zero impact performance. This gap is driving the rise of a new service model—FinOps as a Service.

One in two business leaders cite difficulties in measuring cloud value as a barrier to achieving ROI.

Rightsizing workloads can save up to 70% of cloud costs.

By 2026, augmented financial operations (FinOps) is expected to improve cloud cost optimization and reduce efforts that go into budget planning by up to 40%.

Can FinOps as a Service Solve the Puzzle?

FinOps connects the cost of workloads to its business value. It positions you to manage cost overruns caused by suboptimal workloads or misaligned pricing models.

~ Gartner

FinOps is the portmanteau of 'Finance' and '(Dev)Ops'. FinOps as a Service is designed to simplify the complex process of cloud financial management by bringing together people, processes and technology. It helps businesses mitigate the financial risk of managing cloud finance by providing knowledge, tools, and strategies.

The Real Benefits of FinOps as a Service

Minimizes financial risk

Leverages diverse innovation

Offers faster impact

Provides access to rich experience

Helps optimize the entire ecosystem

Makes cloud bills predictable

Creates financial accountability

Ensures higher cost visibility

Prevents cloud sprawl

Enables trust across organization

Accelerates agility

Refines cloud management process

What’s Better: Traditional Cost Management Approach Vs Cloud FinOps

	Traditional Approach	Cloud FinOps
Visibility & Accessibility	Limited	High
Real-time Decision Making	Low accuracy	High accuracy
Cross-team Collaboration	Troubled	Seamless
Cost Management Process	Short-term reporting	Long-term planning

Cloud4C FinOps as a Service

Cloud4C FinOps as a Service frees organizations from the burden of building and implementing complex cost management roadmaps, training teams, or hiring in-house cloud cost experts by offering the right governance and support to bring financial accountability, efficient cost optimization, greater cost visibility and resiliency across the organization. Designed to provide a holistic framework and a proven roadmap, the FinOps as a Service enables organizations to leverage Cloud4C’s existing capabilities to understand and manage cloud costs and plan tradeoffs.

Unlock Maximum Business Value & Growth with Cloud4C FinOps as a Service

Contact With Us

A Step-by-Step Approach to Achieve Greater Financial Governance

Every business is unique, and so is the cloud financial objective. Cloud4C cloud financial consulting experts run a thorough assessment of your workloads, usage and billings to realize your exact FinOps needs. Following the initial assessment, fail-proof performance tracking and benchmarking plans are drafted to support real-time decision-making. To achieve long-term financial governance, our experts also help clients in planning and implementing cloud rate optimization and usage optimization, as well as establishing a cost-conscious culture.

Cloud Usage And Cost Understanding

Performance Tracking And Benchmarking

Real-Time Decision-Making

Cloud Rate Optimization

Cloud Usage Optimization

Organizational Alignment

Get Tailored Cloud Financial Management Solutions for Your Exact Business Needs

What’s in the offering?

Multi-cloud Cost Visibility

Cost Reports

Cost Optimization

Cost Saving Recommendations

Forecasts & Budget Tracking

Tagging Compliance

Proactive Cost Control

Resource Visibility and insights

Utilization Monitoring

FinOps Maturity Assessment

Right-Sizing

Security Parameter Assessment

Show-back, Charge-back capabilities

Security compliance control recommendation

Tools & Platforms

Cloud4C FinOps
Lifecycle and Services

Phase 1

Discover

Visibility into IT spend
Granular cost allocation
Cost governance configuration

Budgeting

Spend analysis
Budget forecasts
Team benchmarking

Phase 2

Innovate

Define and establish controls for cloud usage
Visibility into budget and forecast

Optimize

Cost analysis and reporting
Anomaly detection
Rightsizing recommendations

Phase 3

Operate

Find and remove unused resources
Security posture guidance
Industry peer-level benchmarking

Govern

Integration with ITSM tool
Real-time decision-making

FinOps Process Flow

Icon for Cloud4C Center of Excellence Team

Cost Billing API
Cost Billing API
Cost Billing API
Cloud4C SHOP
FinOps Module
Filter by
Metrics
Cloud Platform
Configuration Review
Security Assessments
Cloud4C
COE Team
Data Prediction
Cloud4C FinOps
Expert
Cloud4C
Security Expert
Cloud4C FinOps
Dashboard
Cloud4C
FinOps Report
Customer
C-Level Team
Application
Owners

Leverage the best of Cloud Returns, 24/7 all along.

Connect With Our FinOps Experts.

When FinOps Meets Security Monitoring

Our Promise to End Misconfigurations and Breaches

Workload misconfiguration, frauds and breaches are major contributors to unpleasant cloud bills. That’s why it’s essential to make cloud security the base of your FinOps strategy. We combine FinOps with our Security Monitoring services to create a shared business-driven strategy for your finance and engineering teams in order to reduce risks while optimizing costs. Our seasoned experts are here to help you reimagine cloud security measures from the ground up, integrating them with our financial analysis model and your ITSM tools to provide granular visibility into cost and compliance scenarios.

Benefits of Cloud4C FinOps + SecMon Service

FinOps Module of our SHOP (Self Healing Operations Platform) based resource utilization monitoring for:

Action-oriented multi-cloud / multi-dimensional reports through the FinOps tool
Visibility into compliance and security controls to take proactive steps to avoid any financial & brand impact
Granular visibility and insights into resources utilization and cost
Integration with customer ITSM tools

Better financial prediction and bringing the accuracy of forecasts to avoid cost leakages & budget overruns

Tool + experience consultant to drive data-driven business decision

Proposed Operating Model

Frontend Team
(Customer Facing)
Technical
Architect /
Security
Architect / CSM
Change Request /
Service Request
Access to Cloud
Platform
Support
Customer Ops Center
Executives
Business /
Product
Finance
Procurement
Cloud Ops /
Engineering
Provide
Recommendation
Public Cloud
Platform
Deployments of
Customer
Monitoring
Update in customer
ticketing system
FinOps Consult
[Public Cloud -
Enterprise Architect]
Security Architect
for SecOps
Review and
Recommendation
Cloud4C SHOP
Platform
(FinOps and SecOps
Monitoring and
Reporting)
PM
Quality
Backend Team [CoE - Specialist]
Azure CoE
AWS CoE
OCI CoE
GCP CoE
Security - CoE
OS - CoE
DB - CoE
Network - CoE
Engineering Team
Lift & Shift, Apps Conversion, DB Conversion,
Data Conversion
DevOps
Scalable Resource Pool - engagement on need basis [24 x 7 support]

Sign up for a FinOps Assessment Workshop.

We will provide a documented overview of a financial governance framework that works for you, high-level recommendations and next steps in your financial performance journey.

Sign Up Now