FinOps

𝐂𝐥𝐨𝐮𝐝 𝐜𝐨𝐬𝐭𝐬 𝐬𝐡𝐨𝐮𝐥𝐝𝐧'𝐭 𝐛𝐞 𝐚 𝐦𝐲𝐬𝐭𝐞𝐫𝐲. 𝐖𝐞 𝐞𝐦𝐩𝐨𝐰𝐞𝐫 𝐲𝐨𝐮𝐫 𝐭𝐞𝐚𝐦 𝐰𝐢𝐭𝐡 𝐅𝐢𝐧𝐎𝐩𝐬 𝐞𝐱𝐩𝐞𝐫𝐭𝐢𝐬𝐞 𝐟𝐨𝐫 𝐢𝐧𝐟𝐨𝐫𝐦𝐞𝐝 𝐬𝐩𝐞𝐧𝐝𝐢𝐧𝐠 𝐚𝐧𝐝 𝐦𝐚𝐱𝐢𝐦𝐢𝐳𝐞𝐝 𝐜𝐥𝐨𝐮𝐝 𝐑𝐎𝐈

While the cloud offers unparalleled scalability, agility, and cost-effectiveness, managing those costs effectively is crucial. That's where FinOps comes in. At Offshore Mitra, we understand the importance of FinOps and its role in optimizing your cloud journey on AWS, Azure, or GCP.

What is FinOps?

𝐖𝐡𝐚𝐭 𝐖𝐞 𝐎𝐟𝐟𝐞𝐫?

𝑭𝒊𝒏𝑶𝒑𝒔: 𝑫𝒐𝒏'𝒕 𝒋𝒖𝒔𝒕 𝒑𝒂𝒚 𝒕𝒉𝒆 𝒄𝒍𝒐𝒖𝒅, 𝒐𝒑𝒕𝒊𝒎𝒊𝒛𝒆 𝒊𝒕. 𝑶𝒇𝒇𝒔𝒉𝒐𝒓𝒆 𝑴𝒊𝒕𝒓𝒂 𝒇𝒓𝒐𝒎 𝑰𝒏𝒅𝒊𝒂 𝒉𝒆𝒍𝒑𝒔 𝒃𝒖𝒔𝒊𝒏𝒆𝒔𝒔𝒆𝒔 𝒈𝒆𝒕 𝒕𝒉𝒆 𝒎𝒐𝒔𝒕 𝒗𝒂𝒍𝒖𝒆 𝒇𝒓𝒐𝒎 𝒕𝒉𝒆𝒊𝒓 𝒄𝒍𝒐𝒖𝒅 𝒔𝒑𝒆𝒏𝒅

Cloud Cost Optimization

We analyze your cloud spending across AWS, Azure, or GCP to identify areas for optimization. We recommend the right platform, pricing models, and reserved instances to reduce your overall cloud bill.

Reduced Cloud Costs

Our FinOps expertise helps you optimize your cloud spending and achieve significant cost savings.

Showback and Chargeback

We can establish clear showback and chargeback models to allocate cloud costs accurately across different departments or business units, fostering accountability and responsible cloud usage.

Governance and Cost Control

We help you define and implement robust cloud governance policies to prevent unnecessary spending and ensure adherence to best practices.

Cost Optimization with AWS Tools

We leverage AWS Cost Explorer, Trusted Advisor, and Amazon CloudWatch to identify underutilized resources, recommend rightsizing options (scaling up or down resources to match actual needs), and explore reserved instances or Savings Plans for predictable workloads to reduce costs.

Showback and Chargeback with AWS Cost Allocation Tags

We implement granular cost allocation tags to accurately assign cloud costs to specific departments, projects, or business units, fostering accountability and responsible cloud usage.

Governance with AWS Budgets and IAM Policies

We help you define and enforce AWS Budgets to set spending limits and receive alerts for potential overspending. Additionally, we configure AWS Identity and Access Management (IAM) policies to restrict access and prevent unauthorized resource provisioning.

Cost Optimization with GCP Billing and Cloud Monitoring

We utilize GCP Billing reports and Cloud Monitoring to analyze resource usage patterns and identify opportunities for cost optimization. We recommend rightsizing instances, preemptible VMs for fault-tolerant workloads, and committed use discounts for predictable resource needs.

GCP Cost Accounting

We implement GCP Cost Accounting to track costs by project, department, or any other relevant dimension, enabling granular cost visibility for informed financial decisions.

Governance with GCP Billing Budgets and IAM Policies

We help you define and enforce GCP Billing Budgets to set spending limits and receive alerts for potential overspending. Additionally, we configure Google Cloud IAM policies to restrict access and prevent unauthorized resource provisioning.

FinOps Maturity Model Implementation

A framework that defines stages of cloud financial management: Crawl: Establish basic cost visibility and rudimentary cost optimization practices. Walk: Implement automated cost management tools, showback/chargeback models, and basic governance policies. Run: Achieve continuous optimization with automated cost control, well-defined governance, and a culture of financial accountability across the organization.

Benefits of FinOps with Offshore Mitra

Reduced Cloud Costs, Improved Financial Visibility, Increased Business Value, Enhanced Cloud Governance.

Ready to Take Your Business to the Next Level?

By partnering with Offshore Mitra for your FinOps needs,
you can ensure a cost-effective and optimized cloud journey on AWS, Azure, or GCP.
Embrace the cloud advantage with confidence.
Contact Offshore Mitra today to discuss your FinOps requirements and
unlock the full potential of the cloud!