30% waste is a staggering amount in any industry, but especially problematic with an estimated cloud spend of $1.3 trillion in 2022. This level of inefficiency has driven the industry to tackle this problem under the banner of FinOps.
Organizations, in an effort to move with agility, lack important controls over how much is spent on cloud resources and who’s spending it. The result—they wind up with unexpected bills and increased time to transition from on-prem data centers to the cloud.
Please join me for my talk on FinOps at the Gartner IT Infrastructure, Operations & Cloud Strategies Conference on December 8, 2022 at 11:45am in San Polo 3505.
Here’s what I’ll cover:
- Why agility is good for development and not so good for budgeting.
- How to optimize and operate the cloud in a financially responsible way, without slowing transformation.
- How to involve all relevant stakeholders.
Figure 1: Stakeholders who need to participate in managing cloud expenses
I’ll also briefly cover how Micro Focus IT Operations Management can help your FinOps initiative.
We'll also be at the Pink23 conference. Watch this blog for more details.