Free Savings Estimate

Discover a Proven System to Compound Savings, Solve Your Problems, and Accelerate Your Growth…

Even If You Don’t Have Any Budget Available!

Backed by our 10% Compound Savings, 100% Satisfaction Guarantee

Your Cloud, Our Expertise

The Free Savings Estimate demonstrates Managed FinOps’ commitment to helping you optimize your cloud spend with no upfront costs, setting the foundation for a long-term, value-driven relationship.

Value Proposition

No Cost, High Value: The estimate is offered free of charge, removing any financial barrier for you to engage with Managed FinOps.

Immediate Insight into Savings Potential: You gain an early understanding of possible savings on your cloud costs, which can be significant - typically 10% within the first 60 days.

Data-Driven Recommendations: You will receive specific, actionable recommendations based on a thorough analysis of their cloud usage and spending patterns.

How We Can Help You Save

Initial Cost Analysis: The estimate starts by analyzing current cloud infrastructure, identifying inefficiencies, and areas of wasted spend.

Identification of Optimization Opportunities: It focuses on finding immediate opportunities for cost reduction, such as underutilized resources, inefficient pricing models, or inadequate cost allocation practices.

Establishing a Baseline for Improvement: By understanding the current state of cloud spending, Managed FinOps sets the stage for measurable improvement and savings.

Activities during the Free Savings Estimate:

Step 01

Data Collection and Analysis

Step 02

Estimate and Strategy Development

Step 03

Presentation and Implementation

Step 1: Data Collection and Analysis

  • Connect to Your Cloud Accounts: Gain read-only access to your cloud infrastructure to collect relevant data.

  • Collect Billing and Resource Data: Review detailed billing information and resource utilization data.

  • Analyze Cloud Utilization Patterns: Assess how cloud resources are being used, looking for patterns of inefficiency.

Step 2: Estimate and Strategy Development

  • Identify Quick Wins for Cost Reduction: Looking for immediate opportunities such as eliminating unused resources, optimizing existing resources, and adjusting pricing models.

  • Develop Recommendations: Based on the analysis, create a set of tailored recommendations to reduce costs.

Step 3: Presentation and Implementation

  • Present Potential Savings: Show you the potential savings you can achieve by implementing these recommendations.

  • Implementation of Recommendations: Outline how Managed FinOps can assist in implementing these strategies to realize savings.

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Start Your Journey Today

Click here to start your journey with a Free Savings Estimate and take the first step towards transforming your cloud strategy.

Understanding Your Challenges

The following challenges significantly impact your organization's efficiency, budget management, and overall bottom line. Recognizing and addressing these challenges is the first step towards transforming them into opportunities for improvement and growth.

  • Lack of Visibility

    Without a clear understanding of where costs are coming from, it's difficult for you to identify areas where you can save money. Detailed cost breakdowns and usage reports are essential for identifying high-cost services and resources.

  • Complex Pricing Models

    Cloud services have complex pricing models with multiple dimensions such as compute hours, data transfer, storage, and additional features. This complexity can make it challenging for you to predict costs and optimize your usage.

  • Overprovisioning

    Your engineers may overprovision resources (e.g., Virtual Machine, Databases, ML Pipelines, etc.) to handle peak loads, leading to unnecessary costs during off-peak times. Properly sizing resources and using auto-scaling can help reduce these costs.

  • Underutilization of Committed Use Discounts

    Committed Use Discounts offer significant savings compared to on-demand pricing, but you may not fully utilize your commitments or may not choose the optimal commitment types and terms for your usage patterns.

  • Inefficient Resource Management

    Resources that are not actively used but still running (e.g., idle compute instances, unattached block storage volumes) contribute to unnecessary costs. Regularly reviewing and terminating unused resources can lead to savings.

  • Lack of Cost Allocation and Tagging

    Without proper tagging and cost allocation, it's difficult for you to attribute costs to specific projects, departments, or teams. This can hinder accountability and cost optimization efforts.

  • Inadequate Use of Budgets and Alerts

    Setting budgets and configuring alerts can help you monitor your spending and take proactive measures to control costs. However, not all customers utilize these tools effectively.

  • Limited Understanding of Cost Optimization Strategies

    You may not be aware of or fully understand various cost optimization strategies such as dynamically starting/stopping instances, leveraging object storage lifecycle policies, or optimizing data transfer costs.

Addressing these problems requires a combination of tools, best practices, and ongoing cost management efforts. Cloud providers offer services like cost analysis tools, budgeting tools, and advisory services to help customers analyze and manage their costs more effectively.

Free Savings Estimate

To achieve quick cost savings with a high return on investment, you can prioritize the following solutions:

  • Review and Right-Size Instances

    Conduct a quick review of your instances and resize them to match your current workload requirements. This can lead to immediate cost savings with a relatively small investment of time.

  • Terminate Unused Resources

    Quickly identify and terminate unused or idle resources such as compute instances, block storage volumes, or database instances. This can result in immediate cost savings with minimal effort.

  • Enable Auto Scaling

    Implement auto-scaling for compute instances to automatically adjust capacity based on demand. This can help reduce costs during low-traffic periods without significant engineering effort.

  • Start/Stop Instances

    For suitable workloads, switch to temporary instances to take advantage of lower prices. This can be done with minimal changes to your infrastructure and can yield significant savings.

  • Optimize Object Storage

    Implement lifecycle policies for object storage to automatically transition objects to lower-cost storage classes or delete them when no longer needed. This can be a quick win for reducing storage costs.

  • Set Up Budgets and Alerts

    Create budgets and configure alerts in your cloud provider's budgeting tool to monitor your spending and get notified when costs exceed thresholds. This can help prevent overspending with minimal ongoing effort.

  • Purchase Flexible Commitment Discounts

    If you have a consistent baseline of usage, consider purchasing flexible commitment discounts. This requires some upfront analysis but can offer substantial savings over on-demand pricing.

  • Implement Tagging for Cost Allocation

    Apply tags to your resources to improve cost visibility and allocation. While this requires some initial setup, it can help identify cost-saving opportunities with minimal ongoing effort.

By focusing on these solutions, you can achieve quick cost savings with a high return on investment. It's important to continuously monitor and adjust your cloud usage and spending to maintain cost efficiency over time.

Understanding the Risks

If you don't take action to manage and optimize their cloud costs, you may face several negative consequences:

Uncontrolled Spending: Without proper cost management, cloud bills can quickly spiral out of control, leading to unexpectedly high expenses that can strain budgets and impact profitability.

Wasted Resources: Paying for unused or underutilized resources, such as idle compute resources or oversized databases, can result in significant waste and inefficiency.

Reduced Competitiveness: High cloud costs can put your business at a competitive disadvantage, especially if your competitors are more effective at optimizing their cloud expenses.

Budget Overruns: Exceeding budget allocations for cloud services can lead to financial stress and may require reallocating funds from other important projects or initiatives, or laying of your employees.

Loss of Trust: Stakeholders, including investors, board members, and customers, may lose trust in your ability to manage resources effectively if cloud costs are perceived as being out of control.

Operational Challenges: Without proper cost management, you may be forced to make abrupt changes to your cloud infrastructure to reduce costs, which can disrupt operations and impact service quality.

Inability to Scale: High and unmanaged cloud costs can limit your ability to invest in scaling your infrastructure to meet growing demand or pursue new opportunities.

Compliance and Governance Issues: Failure to monitor and control cloud costs can also lead to compliance issues, especially if there are budgetary constraints or regulations governing spending in certain industries.

To avoid these negative consequences, it's crucial to implement effective cost management strategies, regularly monitor your cloud spending, and make adjustments as needed to ensure that your cloud usage remains efficient and aligned with your budget and business goals.

Realizing Business Transformation

If you take action to manage and optimize your cloud costs, you can realize a range of benefits for your business:

Cost Savings: By identifying and eliminating waste, right-sizing resources, and leveraging cost-effective pricing options, you can significantly reduce their cloud expenses.

Improved Budget Management: Effective cost management enables better budget planning and allocation, allowing you to allocate resources more efficiently and avoid unexpected overruns.

Increased Operational Efficiency: Optimizing resource utilization and automating scaling can lead to more efficient operations, reducing the time and effort required to manage infrastructure.

Enhanced Financial Performance: Lower cloud costs can directly improve the bottom line, increasing profitability and freeing up capital for investment in other areas of your business.

Greater Competitiveness: By managing cloud costs effectively, you can achieve a competitive advantage by offering more cost-effective services or products compared to competitors with higher cloud expenses.

Scalability and Flexibility: Cost optimization strategies can make it easier for your business to scale your infrastructure up or down in response to demand, without incurring unnecessary expenses.

Increased Transparency and Accountability: Implementing tagging and cost allocation helps you gain visibility into your spending, enabling better decision-making and accountability across teams and departments.

Risk Mitigation: Effective cost management can reduce the risk of budget overruns and financial surprises, leading to more stable and predictable financial performance.

Resource Optimization: By continuously monitoring and adjusting resource usage, you can ensure that you are using their cloud infrastructure in the most efficient way possible.

Sustainability: Reducing unnecessary resource consumption can also contribute to your company's sustainability goals by minimizing its environmental impact.

Enhanced Innovation: With lower cloud costs, you can allocate more resources to innovation and development, accelerating the introduction of new products and services.

By taking proactive measures to manage and optimize your cloud costs, you can unlock these benefits, leading to improved financial health, operational efficiency, and competitiveness in the market.

Your Path to Cloud Mastery Starts Here

The stakes for your business in managing your cloud costs effectively are significant and can impact various aspects of their business:

  • Financial Health

    The most direct stake is the financial health of your business. Uncontrolled cloud costs can strain budgets, reduce profitability, and impact the overall financial stability of your organization.

  • Competitive Advantage

    Efficient cost management can provide a competitive edge by allowing your business to offer more cost-effective solutions or invest savings into innovation and growth initiatives.

  • Operational Efficiency

    Proper cost management ensures that resources are utilized optimally, contributing to smoother and more efficient operations.

  • Scalability

    : The ability to scale infrastructure in a cost-effective manner is crucial for you to respond to market demands and growth opportunities without incurring unnecessary expenses.

  • Reputation

    Managing your cloud costs effectively can enhance your reputation as responsible and savvy operators, which can be attractive to customers, partners, and investors.

  • Investment Opportunities

    Savings achieved through effective cost management can be redirected into other areas of the business, such as research and development, marketing, or expanding the workforce.

  • Risk Management

    Proper cost management helps mitigate financial risks associated with overspending, budget overruns, and unexpected costs, leading to more predictable financial performance.

  • Sustainability

    Efficient use of cloud resources also aligns with sustainability goals by reducing unnecessary energy consumption and the associated environmental impact.

The stakes are high for you to manage your cloud costs effectively, as it impacts not only your financial performance but also your operational efficiency, competitive positioning, and long-term sustainability.

Compound Your Savings with a Free Savings Estimate

Unlock Potential

Discover the untapped potential of your cloud environment.

Gain Insights

Get ready to receive tailored insights that can revolutionize your approach to cloud management.

Transform Strategically

Embark on a journey to transform your cloud spending into a strategic asset.

Don’t Wait. Act Now.

The journey to optimized cloud spending and management is just a click away. Schedule your Free Savings Estimate with Managed FinOps today and start the transformation that you and your organization deserves.

Every great journey begins with a single step. Make yours count. Click above to schedule your session and begin your path to cloud mastery with Managed FinOps.