CDW's FinOps Accelerator enables organizations to attain optimal business value by making collaborative, data-informed spending decisions. This empowers IT leaders, CIOs, finance teams, and engineering professionals to optimize their cloud investments and enhance overall efficiency.
Optimize cloud cost management by leveraging a FinOps framework. Establish tagging standards and automations for effective show-back to key Cloud Stakeholders.
Enable your engineering teams to use data that informs them about underutilization, the need for savings plans, reserved instances, and more.
Accelerate operations with automation that fosters a cost-conscious culture while advocating sustainable practices and automation of business systems.
When you partake in CDW’s FinOps Accelerator program you experience the true art behind cloud cost management and that there is a light at the end of the tunnel of IT finances. You’ll receive the following benefits from CDW’s FinOps Accelerator program.
DevOps.com reveals that a staggering 80% of organizations overshoot their IaaS budgets due to insufficient cloud cost optimization governance and misguided upfront spend commitments. This emphasizes the need to prioritize cloud cost optimization as a fundamental aspect of transformation efforts. CDW understands these challenges and offers tailored solutions and expertise to help organizations effectively optimize their cloud costs, achieve maximum value from their investments, and drive successful transformations.
Read our blog to learn more about Finops and how CDW’s Digital Velocity team can help you make the most of your cloud budget.
Effective cloud cost management is vital given its material impact on overall company spend. With a significant 24% year-over-year increase in public cloud spend, it now constitutes a substantial portion of expenditure. These rising costs are highly visible to top executives, necessitating in-depth analysis by CIOs and CIO finance teams. The challenges arise from the variability of cloud spending, especially for finance teams unaccustomed to managing IT spend in the cloud, further compounded by developers launching services without cost considerations. Additionally, early-stage cloud adopters often face cost inefficiencies stemming from overprovisioning, idle instances, ineffective licensing, and unused pricing discounts. To maximize cloud investment value, proactive measures must be taken to address these challenges and implement cost optimization strategies, enabling greater financial control and value realization.
QUESTIONS TO ASK
When optimizing your cloud usage and costs, asking the right questions is crucial. By addressing these fundamental questions, you can navigate the complexities of cloud optimization, make informed decisions, and drive tangible results.
What are we spending on the cloud, what are we using, and who pays for it?
Does our cloud usage and spending align with our strategic and organizational objectives?
What immediate actions can we take to ensure our cloud usage aligns with our organizational goals?
How can we optimize our cloud pricing model or procurement strategies for better cost performance?
How can we better adjust our cloud resource utilization and scheduling to align with our organizational objectives?
What changes or integrations can be implemented to enhance the overall effectiveness of our organization’s cloud utilization?
CDW’s Digital Velocity team, consisting of over 1,200 engineers, provides organizations with world-class expertise. As a leading global systems integrator, we collaborate with clients to solve their most profound technical challenges and adopt patterns for success. We give our customers the velocity they need to obtain a competitive edge.