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IDC PlanScape: High-Value FinOps Practices

Publisher IDC
Published Apr 30, 2024
Length 8 Pages
SKU # IDC18757091

Description

IDC PlanScape: High-Value FinOps Practices


This IDC PlanScape discusses various practices that enterprises can embrace in pursuit of true cloud cost optimization and explains how to categorize practices based on the value they deliver. As you'll learn, some cost-cutting steps may be less obvious to business leaders tasked with overseeing FinOps initiatives, but those steps can, in many cases, deliver more effective and efficient results than practices like infrastructure rightsizing."When it comes to cloud cost optimization, the most obvious solutions are too often not the most valuable. Enterprises must think beyond simple cost-cutting measures if they want to slash cloud spending across the board without compromising performance," says Chris Tozzi, adjunct research advisor for IDC's IT Executive Programs (IEP).

Please Note: Extended description available upon request.

Table of Contents

8 Pages
IDC PlanScape Figure
Executive Summary
Why Are High-Value FinOps Practices Important?
Difficulty Putting FinOps Principles into Practice
Highly Siloed Business Domains
Temptation to Dive into FinOps Quickly
What Are High-Value FinOps Practices?
Who Are the Key Stakeholders?
How Can My Organization Take Advantage of High-Value FinOps Practices?
High Effort, Low Impact
Low Effort, Low Impact
High Effort, High Impact
Low Effort, High Impact
Advice for Technology Buyers
Related Research

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