3 Best Practices for a Cloud Cost and Infrastructure Optimized Organization

In today’s dynamic business landscape, organizations face relentless pressure to cut their cloud costs. Many organizations are therefore embracing Cloud Financial Operations (FinOps) to help them reduce and manage their cloud spend. Typically, FinOps leaders focus their practices and processes on gaining a snapshot of their cloud environment and the associated cost of their cloud resources. They then utilize these reports to take cost-cutting actions, such as right-sizing instances, removing unused resources, adjusting instance uptime, purchasing commitment plans etc.