Do you know what FinOps is and how it can help your company?

Who has never dreamed of an operating model that would reduce costs and make the company's internal and external processes even easier?

The operational model called cloud or cloud is a well-known technology that has a lot of potential in the market, precisely because of the optimization it provides.

In this article, we will explain what is FinOps, the benefits that should be taken into account and how Vericode can help you with this, check it out!

What is FinOps?

FinOps is known for being an operating model for the cloud, which optimizes costs by placing all of a company's processes in a place that provides remote access, freeing up internal memory space and reducing costs.

That is, with this model in action, it is possible to increase the commercial value of the cloud, something with a lot of potential in the current market.

To insert all processes in the cloud, it is necessary to have assistance from the IT team, budget monitoring and division of responsibilities with other internal and external areas of the business.

With one FinOps properly applied, the real need of the company and adequacy of IT investments are well placed.

FinOps goals and benefits

Now that we know what FinOps is all about, it is important to understand its benefits and main objectives.

The model FinOps it has three phases: inform, optimize and operate.

Inform: It is essential to train organizations and teams to understand issues of allocation, budget, use and prices, precisely to make assertive decisions.

Optimize: Cloud optimization is necessary to scale the platform, decommission unused resources and focus on what really matters.

Operate: For success in the model of FinOps, it is necessary to have a consolidated culture and teams for this. A cultural change in the way the company operates will be necessary, involving teams from different sectors, such as commercial, financial, operational, IT, among others, working jointly and continuously for success to be achieved.

With properly organized and integrated teams, processes are carried out at greater speed, essential for FinOps.

Além disso, com estratégias de FinOps implantadas na empresa, é possível acompanhar melhores práticas de segurança para os provedores, automatizar o uso de máquinas, além de proporcionar ganho de escalabilidade, flexibilidade e fácil acesso dos dados em qualquer ambiente remoto.

What about the costs?

The costs of the FinOps model can be a little more complex, since they are calculated monthly based on the consumption of services, and can be variable.

In this case, the organization, integration of teams and sectors of the company help to reduce values.

How can Vericode help you with this?

Vericode offers essential services to help implement the FinOps culture, such as:

– Capacity Planning, observability: which is to guarantee the performance of applications, through IT operation management;

– Tuning and Troubleshooting: works by identifying bottlenecks, investigating and diagnosing performance problems quickly and efficiently;

– Latency Management: network monitoring service focused on capital markets, helping companies to minimize operational risks and quality in service level;

– Hardware and Cloud Sizing: helping to choose the right size of the IT infrastructure needed to support the business faster and more efficiently;

– Availability Prediction: creation of scenarios traced from operation data and simulations for performance evaluation.

Do you still have doubts about what we can offer to improve your company's processes?

Get in touch with one of our representatives and find out how we can help you with the digital transformation!