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2023’s economic situation is looking dire – projections of stagnation and recession flourish, with customer spending all but guaranteed to tighten. Following years of relentless spending increases, cloud infrastructure reigns as one of the single highest enterprise expenses.
FinOps is a practice that’s always evolving: this year, it promises to take center-stage. Faced with a drive for rapid results, many organizations have failed to keep up to date with FinOps advancements. Optimization expectations are shoddily shifted left, piled onto the shoulders of DevOps teams who must then choose between day-to-day responsibilities or manual, shot-in-the-dark optimization attempts. The result? AWS, Azure, GCP and multi-cloud models that fail to fully realize their cost-cutting potential.
With over 20 years of cloud innovation knowledge, GlobalDots makes innovative cloud cost optimization solutions accessible to the teams that need them most. This all-inclusive toolkit aims to break FinOps into its core components, before giving actionable advice that not only realizes immediate savings – but also creates a culture of cost responsibility that will keep your organization buoyant throughout 2023’s crests and troughs.
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As we navigate through the evolving landscape of IT infrastructure, a closer look at the cost trends for 2024 reveals significant shifts. From cloud expenses feeling the pressure of economic changes. With global cloud spending expected to hit over $1 trillion and various sectors facing unique challenges, staying informed is more crucial than ever. Dive […]
The cloud used to be viewed as a place of significant cost savings: rather than purchasing and maintaining dozens of server stacks, organizations could outsource this and purchase compute power on an as-needed basis. In the ensuing rush to cloud architecture, however, many companies simply lifted-and-shifted their old financial bad habits. The sheer speed of […]
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Cloud providers are becoming increasingly aware of their customers’ chronic overspending. To combat this, major industry players such as AWS and Azure are offering FinOps tools in the form of inbuilt cost dashboards and paying to become a member of the FinOps Foundation. While their native FinOps tools can offer an initial window into the […]