The advantages of Cloud FinOps: transform your business into a cloud-powered company

Cloud FinOps is the best system for aligning your business needs with the potential of a cloud infrastructure. In recent years, many companies have chosen to migrate to the cloud to simplify processes and take advantage of a scalable, high-performance infrastructure.

There is only one problem: many have done so because the situation was urgent and immediate change was needed.

This meant migrating to the cloud without careful planning and a comprehensive integration strategy aimed at transforming business processes through cloud-based methods.

As a result, many companies today face a challenging scenario: redefining cloud costs, eliminating unexpected expenses and hidden costs, and reaping only the benefits of the new technology.

Applying FinOps methodology  cloud is therefore central, and Sorint.Lab guarantees organizations the planning and interventions necessary to ensure that the business is enhanced by the cloud and can support the company’s vision.

 

FinOps and Cloud: a necessity

Especially since 2020, many companies have accelerated their adoption of the cloud. But few have managed to do so as part of a broader plan.

A recent report published by Gartner highlighted that “there is no business strategy without a cloud-based strategy.” This is one of the reasons why, by 2025, 85% of organizations will embrace the “cloud first” principle. Otherwise, they will not be able to fully execute their digital strategies because they will lack the cloud-native foundations to enable them.

The scenario is therefore clear. By now, all companies, across all sectors, have realized that the cloud is essential. The barrier to overcome now is another: integrating it into a world that is efficient and, above all, allows companies to leverage their untapped potential so that the cloud is a springboard and not a pit of unexpected costs.

 

What you need to combine Cloud and FinOps

Aligning the potential of the cloud with the business needs of companies means properly applying the principles of FinOps, a combination of Finance and Operations: in other words, cloud operations guided by prudent financial management.

To do this, companies need:

  • A collective effort. Migration to the cloud involves the entire company, which must aim to become a cloud-powered organization. The various senior figures responsible for departments need to embrace common goals and processes. Only in this way can companies successfully implement a plan to optimize costs and enhance cloud assets.
  • Communicate and collaborate. The IT and finance departments, in particular, must work together as if they were a single entity: objectives, needs, and processes must be aligned and comprehensive. The IT department must understand the financial dynamics, and the finance team must understand what can be done with the cloud and why. A single vision with an eye on Cloud Operations.
  • A long-term strategy. The cloud is not the answer to a temporary need: it is a new way of working, of conceiving the business case, and of realizing the company’s vision. It is a paradigm shift that should not be underestimated. This means that Cloud FinOps needs a multi-year plan that transforms the company from within by revaluating its operations and processes in terms of cybersecurity, financial management, and cloud-native applications cloud adoption

 

Cloud FinOps: how to achieve it with Sorint.Lab

Talking about the cloud is one thing. Migrating to the cloud effectively and efficiently is another. That’s why Sorint.Lab works with organizations to develop a customized six-step plan for cloud adoption and transform companies into cloud-powered companies.

Above all, any plan must start with people: without comprehensive organizational change, any cloud-related project is destined to fall short of the organization’s ambitious goals.

Sorint.Lab recognizes the importance of technological change in the cloud and the challenges involved in successfully implementing a plan. But by building a common path, companies and Sorint.Lab can implement the FinOps methodology and hit the target.