target audience: TECH BUYER Publication date: Apr 2024 - Document type: IDC PlanScape - Doc Document number: # US51828224
IDC PlanScape: High-Value FinOps Practices
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Abstract
This IDC PlanScape discusses various practices that enterprises can embrace in pursuit of true cloud cost optimization and explains how to categorize practices based on the value they deliver. As you'll learn, some cost-cutting steps may be less obvious to business leaders tasked with overseeing FinOps initiatives, but those steps can, in many cases, deliver more effective and efficient results than practices like infrastructure rightsizing.
"When it comes to cloud cost optimization, the most obvious solutions are too often not the most valuable. Enterprises must think beyond simple cost-cutting measures if they want to slash cloud spending across the board without compromising performance," says Chris Tozzi, adjunct research advisor for IDC's IT Executive Programs (IEP).