
Mastering FinOps
Cloud adoption is critical, but managing cloud costs remains a challenge for many. Find out how FinOps can help your organisation achieve transparency, optimise costs, and align your cloud spend with business needs.
Some organisations which have migrated to cloud face a lack of transparency around their cloud costs and challenges related to governance issues. These can hinder the realisation of cloud investment benefits and limit the ability to adopt innovations like Artificial Intelligence (AI) or sustainability initiatives.
Aligning cloud expenditure with business value is critical. However, the intricate nature of cloud service and pricing models can lead to suboptimal decisions which impact the precision of financial forecasts.
In today's rapidly evolving digital landscape, FinOps offers a solution by aligning cloud expenditures with business value, enhancing financial visibility, and optimising costs. Implementing FinOps practices enables:
This strategic approach transforms cloud spending into a competitive advantage, fostering innovation and helping to drive sustainability.
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“Make your cloud governance and FinOps approaches a top selection criterion. Cloud governance has become even more prominent in the two years since our last evaluation. As cloud hardware and software providers, and the providers that build bridges between the two, increasingly push toward higher levels of abstraction, building good cost and operational controls to govern your consumption of cloud services is critical. Ask professional service providers whether their cloud governance approach is optimised to meet technical or business operations, or is balanced between the two, and match that to your needs”
PwC’s cross-functional approach is based on four key areas for optimising cloud efficiency in FinOps: These domains offer a framework that helps organisations not only efficiently manage and optimise their cloud expenditures but also facilitate timely, data-driven decision-making to maximise business value derived from cloud operations.
As key outcomes, our PwC Cloud FinOps Services and offerings will drive financial and operational transparency, bolster resilience, and promote sustainability.
Cloud adoption is critical, but managing cloud costs remains a challenge for many. Find out how FinOps can help your organisation achieve transparency, optimise costs, and align your cloud spend with business needs.
Learn the details of why PwC was recognized by IDC MarketScape in June 2024 for its cloud professional services.
Did you know that, on average, companies waste 30% of their cloud spend due to inefficiencies? As more businesses adopt artificial intelligence (AI) and migrate to the cloud, managing cloud spend has become a critical challenge.
Explore PwC's 2023 EMEA Cloud Business Survey for insights on cloud adoption and transformation. Learn from 2,200+ executives across the region.