Want to hear a sad but true fact? 70% of companies overshoot their cloud budgets. Why is that? Although the cloud is a mighty tool for speed, scalability, and innovation, the inability to see costs can lead companies to limit cloud usage, which hampers innovation and puts them at a disadvantage against the competition. Rather than limiting cloud usage, adopting the FinOps approach provides the insights you need to feel confident about your cloud costs.
Amazon RDS or Relational Database Service is a collection of managed services offered by Amazon Web Services that simplify the processing of setting up, operating, and scaling relational databases on the AWS cloud. It is a fully managed service that provides highly scalable, cost-effective, and efficient database deployment.
It’s pretty clear that AI is changing how people consume, create, and extract data and information. When it comes to cloud costs, having everything automated can give our users personalized analysis without spending much time on it. Imagine resolving these frequent cloud cost challenges with a simple search: Get ready because this dream is about to turn into reality! Our new AI tool, CostGPT provides instant insights into cloud cost structure.
Managing cloud costs has become a must for FinOps-focused businesses. Gotta keep a close eye on those expenses! So, what is the best way to do it? Find a platform that can help you get cost visibility and catch any cloud costs anomalies before they turn into a money waste! With tons of FinOps tools, how do you figure out which one suits your needs? And what exactly should you be looking at? We get it! There’s much to consider when picking the best platform to get those cloud cost insights.
The gaming industry has always been a highly lucrative and adored field. According to online gaming industry statistics, it is projected to surpass $33.77 billion by 2026. However, a downside emerges when governments impose substantial taxes on the income generated from gaming. It’s happening now. The Indian government has decided to impose a 28% tax on online gaming, which may lead to a funding shortage and a decrease in investor confidence.
AWS DynamoDB is a fully managed NoSQL database provided by Amazon Web Services. It is a fast and flexible database service which has been built for scale.
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.