IDC PeerScape: FinOps Practices for Cloud Optimization

IDC PeerScape: FinOps Practices for Cloud Optimization

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 utilizationPositioning 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).

Please Note: Extended description available upon request.


IDC PeerScape Figure
Executive Summary
Peer Insights
Practice 1: Optimize the Fire Hose of Cloud Costs by Attacking Both Price and Utilization
Challenge
Examples
Chevron
FullStory
Guidance
Practice 2: Position FinOps at the Center of an Enterprise Cloud Management Culture
Challenge
Examples
Saint-Gobain
FullStory
Guidance
Practice 3: "Run" with FinOps and Get the Cloud Engine Roaring
Challenge
Examples
UPS
Chevron
Guidance

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