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CANCOM FinOps Service

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

How to control and optimise your cloud costs

The use of cloud solutions is standard in companies today. More and more companies are opting for a multi-cloud approach - i.e. the use of cloud services from different providers such as Microsoft Azure, AWS or Google Cloud.

The benefits are obvious: higher availability, better reliability and more efficient cloud utilisation. At the same time, this presents companies with a key challenge - cost management.

By using different providers in parallel, companies can easily lose track of their cloud spending, which can lead to unnecessary expenditure and low efficiency.

With CANCOM's FinOps services, you can create transparency about your cloud costs at all times. We support you in the introduction of FinOps, the implementation of best practices and the continuous monitoring and optimisation of your cloud investments.

The result: you can manage your cloud expenditure efficiently, avoid unnecessary costs and only pay for the cloud services and resources that you actually use. This allows you to maximise cost savings and make informed, business-savvy decisions to optimise costs.

With CANCOM, organisations benefit from automated cloud cost management, can monitor KPIs, strategically manage their cloud investments and ensure compliance with budget guidelines. FinOps thus becomes a lever for efficient cloud utilisation and innovation in the company.

see also: Data Management

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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Diagram illustrating CANCOM's market within the context of FinOps service for cloud cost management.

FAQs

The most frequently asked questions about the FinOps service

  • 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.

  • Which cloud environments can be managed with the CANCOM FinOps Service?

    The service is not limited to specific providers - it supports cost control across various multi-cloud infrastructures. Cloud resources obtained via the CANCOM Cloud Marketplace can also be managed in an integrated manner.

  • How does CANCOM specifically help to reduce cloud costs?

    Through targeted measures such as rightsizing resources, introducing suitable tools and continuous monitoring, CANCOM identifies potential savings and implements them in a structured manner - without jeopardizing availability or performance.

  • What does a dynamic cost allocation model mean in the context of FinOps?

    This is a flexible billing model that focuses on the actual use of cloud resources. This model enables a fair, transparent and usage-based distribution of cloud costs to different teams or departments.

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