Cloudonomics
Multi-cloud governance via FinOps; real-time visibility, cost policy automation, anomaly alerts, and cost-saving recommendations.
IGC's, Cloudonomics is a serverless technology to deliver the promise of multi cloud cost management by providing real time visibility and deep insights to help manage and optimize cloud spending in an agnostic manager.
IGC's Cloudonomics platform-based services enables IT and Finance teams to manage and govern heir cloud ecosystem cost effectively and with confidence as infrastructure scales up with business growth. FinOps is the practice of bringing financial accountability to the variable spend model of cloud, enabling distributed teams to make business trade-offs between speed, cost, and quality.
By analyzing historical data, managing expenses, optimizing resources towards establishing cost governance across the cloud infrastructure, FinOps delivers visibility, control business aligned efficiency across your cloud environments.
Cloudonomics Framework - FinOps
FinOps from Linux foundation is the operating model for the cloud combining systems, best practices, and culture to increase an organization’s ability to understand cloud costs.
It is the practice of bringing financial accountability to cloud spend enabling global teams to make informed business decisions. FinOps empowers collaboration between IT, Engineering, Finance, Procurement, and the business.
It enables IT to develop into a service organization that focuses on adding value to the business with cloud technology.
Cloudonomics FinOps model- 3 phase Iterative models establish baselines, optimize rates and usage patterns and drive operations to the right balance of cost efficiency and business value.
