Tackling Three Leading FinOps Challenges with Apptio Cloudability
RELEASED: JUN 27, 2024 |
LANGUAGE: ENGLISH |
RESOURCE: URL
The promises of cloud are relatively well-known – instant, practically limitless capacity, making operations scalable with the press of a button. If your business objectives change or you need to respond to market fluctuations, you can decrease your consumption just as easily. It offers additional data protections, is simple to procure, and is geographically dispersed.
Yet there are challenges often faced when organizations look to capture the business value enabled by cloud. In a recent webinar, Apptio’s Alex Hullah joined J.R. Storment, Executive Director of the FinOps Foundation, to discuss the challenges reported in the 2021 State of FinOps Report.
The challenges encountered most frequently by cloud practitioners coalesced into three main themes – visibility, team empowerment, and applying cloud financial management, or FinOps, principles beyond public cloud spend. Their discussion made clear that the key to solving for these requires a mix of best practices, proper tooling, and cross-functional business alignment to achieve operational efficiency – and realize the “promises” – of cloud.