In the dynamic and rapidly evolving landscape of cloud computing, managing and optimising costs has become a critical concern for organisations.
As we all know, over the past few years there has been a huge surge in the use of public cloud by organisations across the globe. There are a mix of reasons for this. Many businesses prefer to pay for IT resources only when they use them and cloud allows organisations to consume IT infrastructure, platforms and software on a pay-as-you-go basis.
The public cloud is also a hotbed of innovation – organisations are now able to leverage cutting edge technologies such as machine learning and generative AI on a similar pay-as-you-go basis leading to big steps in innovation.
However, this shift has also introduced complex financial challenges. FinOps and cost optimisation practices are essential for organisations to maintain financial control, ensure efficient resource utilization, and maximize the return on their cloud investments. This white paper explores the importance of FinOps and cost optimization in the public cloud, highlighting key strategies, benefits, and best practices.
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