To keep up with India’s growing digital economy and ever-evolving customer demands in a dynamic macro-economic environment, most organisations are turning to cloud.
Cloud is helping them deliver a more agile and flexible technology platform to fuel innovation and in turn, deliver better experiences to their customers.
A wholly agile, zero commitment model can work well for some workloads that experience peaks and troughs of demand. However, as cloud adoption matures within organisations, base loads become more predictable.
This means that organisations must strike a balance between committed spend and agility with their cloud providers so as to maximise the return on their investments whilst keeping the agility they need.
As technology platforms become more dynamic, this can be a daunting task. As such, more and more companies are implementing the practice of cloud financial operations (FinOps), that unite business strategy with enterprise-wide accountability to manage and optimise cloud spends.
Source : https://startupanz.com/how-to-deliver-business-impact-with-cloud-based-financial-operations/
