Cloud consumption is soaring. With growing appetites for AI and modernisation and a thirst for agility, scale, and resilience, companies are gobbling up cloud resources with abandon.
However, it’s all too easy to over-provision, neglect to shut down idle resources, and end up with fragmented hybrid environments when migrations don’t succeed 100%. If you’re guilty of bad cloud hygiene (and most enterprises are!), then you’re leaving money on the table when it comes to your IT budgets.
Keeping cloud spend under control
We’re increasingly hearing that companies are being caught out by managing their monthly cloud spend. Unlike traditional IT transformation projects, where big upfront payments might have brought a tear to your eye when you signed the contract, cloud expenses have a way of creeping up on you.
What was once a £5,000 per month bill might have gone up to £200,000 per month without anyone getting a handle on what it’s being spent on and, crucially, what returns on investment are being realised. Simply because the payments occur monthly, even relatively high bills can slip through the net for a surprisingly long time.
But when that a-ha moment happens… What do you do next? The business is tasking you with finding out precisely what you’re spending and how that translates into value, but that’s not a small ask.
As IT portfolios get larger and more complex, manually keeping track of your assets and how they’re performing becomes impractical. But failing to get a handle on this issue puts you at risk of falling behind savvier competitors, so the time to make a change is now.
Choosing the right tools—and knowhow
When confronting their lack of visibility and control of cloud spend, many companies will rush to find a cost-tracking solution, with little thought about the follow-through. To avoid throwing good money after bad, it’s critical to make the right choice of partner as well as technology and ensure the right level of internal ownership for a successful solution rollout.
Research shows that when companies buy a tool and don’t engage a specialist partner, the ROI is often low, and they will frequently abandon the solution after the initial commitment period. In contrast, when businesses engage a specialist partner, retention rates increase significantly, demonstrating just how much difference bringing in the right resources can make.
With IBM Cloudability, organisations can connect the operational and finance sides of the business, fostering collaboration. They can also enable accountability for cloud investments and understand how they relate back to business value. IBM Cloudability sits across your entire cloud platform for a full top-down view for senior level visibility. Combine all these benefits with SCC’s proven expertise, and you can build a long-term cost optimisation strategy that pays dividends for years to come.
Uncloud your vision with SCC
Engage SCC to gain comprehensive insight into your cloud spend and how it translates into business impact, taking advantage of our in-house FinOps capabilities.
We’ll help you harness IBM Cloudability’s unique ability to sit across your entire cloud estate and tag spend to your cost centres, providing a top-down view that a CFO can use to make the hard decisions that elevate the business, with granular details that drive operational excellence.
So many FinOps projects fail because they highlight a potential saving but fail to deliver on that promise. The SCC difference is that we turn cloud cost information into actionable go-dos tailored to your business. We’re deeply invested in helping you achieve those savings, and we have a long track record of delivering the goods.
For instance, we helped a large UK insurance organisation achieve 24% savings in cloud spend (over £2 million) in the first five months, including savings of over £150,000 per month through rightsizing.
In our long industry experience, the key to a successful outcome is to implement a solution with strong partner alignment and clear business ownership. By helping you to see the big picture, SCC will ensure that your project is a success. We can even help identify the right person in your business to drive your FinOps adoption and ensure they’re empowered to drive the change your organisation needs to succeed in today’s cloud-first world.
Act now
If you’re ready to uncloud your view of cloud spend and start gaining actual returns on your investments, book a free consultation with one of our FinOps specialists today. We’ll show you the difference IBM Cloudability can make to your bottom line.
