NextGen is a leading technology services company delivering Digital Experiences, Enterprise Modernization, Data & AI Applications, and Cloud Services.
Let's TalkFinOps from the Linux Foundation is the operating model for the cloud – combining systems, best practices, and culture to increase an organization’s ability to understand cloud costs. It is the practice of bringing financial accountability to cloud spend – enabling global teams to make informed business decisions. FinOps empowers collaboration between IT, Engineering, Finance, Procurement, and the business. It enables IT to develop into a service organization that focuses on adding value to the business with cloud technology.
IMSaver™-FinOps model- 3 phase Iterative models establish baselines, optimize rates and usage patterns and drive operations to the right balance of cost efficiency and business value.
With commitment, regular measurement, and transparency, manual execution can establish confidence and trust, and only then can you move toward automated optimization. The great thing about optimizing in the cloud is that wins can come quickly and early with the right information, while investments in later stages toward automation are really about ensuring that optimization becomes part of the fabric and consumes far less of anyone’s time.