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CANCOM FinOps Service

Manage and support cloud computing infrastructure and costs - a cloud cost management tool

How to control and optimize your cloud costs

The use of cloud solutions is now standard in companies. Companies are increasingly opting for a multi-cloud approach - i.e. cloud solutions from different providers.

And for good reason. This approach offers key advantages, such as higher availability and reliability. At the same time, however, it also poses a major challenge: the costs.

Because by using different cloud solutions from different providers, companies are increasingly losing track of how much they are actually spending on the cloud.

At CANCOM, we help you to create transparency here: With our FinOps services, you always have an overview of all cloud costs incurred in operations. We also support you in the implementation of comprehensive cloud cost management.

The result: you can regularly monitor and optimize your costs - and thus ensure that you only pay for the cloud solutions and services that you actually use.

Our approach: Full implementation of the FinOps framework

Our services are holistically designed and fully implement the three principles of the FinOps framework: Inform, Optimize and Practice.// we transform for the better

Our FinOps services - with the aim of comprehensive cloud cost management - can be applied to a variety of cloud resources. This naturally also includes resources that are procured via the CANCOM Cloud Marketplace.

Inform

  • Implementation of a FinOps assessment
  • Analysis of the current status and planned cloud cost management goals
  • Comprehensible presentation of cloud expenditure
  • Evaluation of suitable FinOps tools and services

Optimize

  • Introduction of appropriate FinOps tools and services
  • Implementation of cost-saving measures
  • Implementation of rightsizing

Practicing

  • Introduction of a dynamic cost allocation model
  • Continuous cloud cost management based on FinOps tools

CANCOM FinOps at a glance

In our information sheet you can see the three central principles of the FinOps framework at a glance. You will also find the central features of CANCOM FinOps in the graphical overview.

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FAQs

  • What is a FinOps as a service?

    FinOps is a method of cloud financial management that brings together teams from different areas to jointly take control of cloud costs.

  • What is the aim of FinOps?

    The aim of a FinOps framework is to define governance guidelines that are managed by an interdisciplinary team. A successfully implemented FinOps project ensures a balanced combination of performance and costs for all of the company's cloud activities.

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CANCOM Austria

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