Cloud cost optimization isn’t about cutting costs at the expense of performance, it’s about getting the most value from every dollar spent. –Microsoft
FinOps, a combination of Finance and DevOps, is a framework designed to bring financial management to cloud computing, ensuring organizations get the most value from their cloud investments while keeping costs in check. In the context of any cloud, including Microsoft Azure, this is crucial as deploying resources can feel like an “all you can eat” buffet, but without proper oversight, it can lead to unexpected bills, hence, “not all you can pay.”
Challenges in current Azure setups
Managing cloud costs in Azure can be quite tricky. Financials often struggle to see a clear picture of all cloud related purchases, making it hard to manage budgets and predict future costs. When you deploy to Azure, it’s like making a purchase for your company, and without control, costs can spiral. This lack of visibility and predictability is a common pain point for many businesses.
Setting the stage
Last year, global cloud infrastructure spending jumped 20% to €305,2 billion from €254,3 billion the year before. With Q4 alone hitting €81,7 billion, driven by scalability demands, per Canalys (source).
32% of last years 2024’s spend, almost €100 billion, was wasted on inefficiencies like overprovisioning (source), highlighting the urgent need for FinOps to optimize these rising costs.
Limitations of traditional methods
Giving product owners or financial staff access to the Azure Portal for cost management isn’t always effective. The portal can be complex and time-consuming, leaving non-technical users overwhelmed and unable to make informed decisions. It’s like handing someone a detailed menu without explaining the prices—it’s hard to know what you’re really spending.
Provider priorities and cost control
Cloud service providers, including Microsoft and Cloud Solution Providers (CSPs), might not always prioritize cost control. Their focus is often on selling services and maximizing revenue, which can lead to customers overpaying for resources they don’t fully utilize. This misalignment can exacerbate cost management challenges for businesses.
Taking back control of your cloud spend
At DevOps Masterminds, we’re not in the business of selling cloud consumption, we’re here to maximize its value. With our deep expertise in automation and DevOps, we power organizations to get the most out of their Azure investments. Our comprehensive Cloud Assessment dive’s into your resource usage, spotting inefficiencies like orphaned resources and pinpointing opportunities for optimization. We don’t just cut costs; we enhance efficiency, ensuring your cloud spend drives your business forward. Partner with us to take control and align your cloud spending with your strategic goals.
There’s no one-size-fits-all approach to the cloud. That’s why we meet you where you are. Contact us today to start your journey with DevOps Masterminds.