It’s never been a better time to be a Managed Service Provider (MSP). Why? Small and medium businesses (SMBs) use cloud-based services for their operations. Eighty-eight percent say they currently use an MSP or are considering one. But many obstacles remain even if SMBs are in high demand for MSPs. They need to keep their profits and revenue growing, focusing on cloud unit economics, customer pricing strategies, and efficient operations.

The public cloud market is expected to grow significantly in 2023, and it’s no surprise. Gartner forecasts that end-user spending on public cloud services will rise by 21.7% to a total of $597.3 billion in 2023, up from $491 billion in 2022!

The world of FinOps can be pretty complex. Don’t get us wrong, it’s a fantastic way to align IT and finance teams for maximum efficiency in cloud operations. But for newcomers, it may feel a bit overwhelming at first. That’s why following influential leaders in the FinOps space is a must. The tips, insights, and guidance from these top FinOps performers can give you the confidence and motivation to lead FinOps at your company.

“Time is money” couldn’t be truer than in managing cloud costs. By way of proactive anomaly detection, a chance is given to save time that could have been spent on issue recognition and resolution. Anomaly detection for the Cloud can be tricky since there can be changes in prices & data on billing history anytime. Not to mention, seasonality can mess things up as well.

Bitcoin and Coinbase have been in some hot water lately. How they handle cryptocurrency might not be legal or safe. The lack of regulations is causing concern from the government about potential criminal activity, fraud, and money laundering. The good news? Rules are being implemented for crypto exchanges to stop corrupt events from happening. Regulations like Know Your Customer (KYC) are an absolute must for exchanges to keep operating legally.

The cloud is the hub for data management nowadays. DevOps teams are all about preventing any hiccups that could make customers unhappy. And with more companies moving to cloud databases and services like SnowFlake, Redshift, RDS, and BigQuery, they’re operating on a bigger scale with better quality.

Cloud tools are becoming indispensable for modern-day FinOps. They can improve efficiency and agility and deliver better client results. But what native cloud tools are right for you, and how can they benefit FinOps? Let’s find out. When managing financial operations in your organization, using native cloud tools is a must. Let’s take a closer look at some key advantages.

In the complex and dynamic realm of data analytics, real-time anomalies serve as insights to issues a business faces. A pervasive and enduring conundrum persists: accurately discerning between anomalies of significant importance and those of lesser consequence. This distinction is a nontrivial task as not all anomalies bear the same weight.

Missed our latest webinar on FinOps for MSPs? We’ve got you covered! This blog post will cover what the FinOps experts discussed and the main things to remember. FinOps are revolutionizing MSP operations by adding a data-driven approach to cost management. This method helps MSPs optimize their cloud usage, provide white-glove support to customers, and give visibility on their expenses.

The public cloud can deliver significant business value across infrastructure cost savings, team productivity, service elasticity, and DevOps agility. Yet, up to 70% of organizations regularly overspend in the cloud, minimizing the gap between cloud costs and the revenue cloud investments can drive.