A strategic guide to optimising cloud costs and efficiency

Mastering FinOps

FinOps
  • Insight
  • 10 minute read
  • 02/10/24

Navigating cloud complexity: FinOps for higher business value. Cloud adoption is critical, but managing cloud costs remains a challenge for many. Find out how FinOps can help your organisation achieve transparency, optimise costs, and align your cloud spend with business needs.

84%

of companies say that managing cloud spend is a top challenge.

60%

of Swiss companies plan to increase their cloud budget.

27%

of cloud spend is wasted due to inefficiencies.

These figures highlight the urgent need for effective cloud cost management, and FinOps is the solution.

Why FinOps?

Cloud technology brings unparalleled scalability, innovation, and efficiency. However, without effective cost management, many companies struggle to fully unlock these benefits. Our whitepaper delves into the critical role of FinOps in managing cloud costs and driving business value. Drawing on extensive research and insights from the PwC Cloud Business Survey, it offers actionable strategies to improve cloud cost management.

While many companies have migrated workloads to the cloud, controlling its dynamic costs and tracking return on investment (ROI) often remain elusive. Integrating these costs into management reporting is crucial – and FinOps is essential, not just as a strategic tool, but as a necessity for financial accountability and operational efficiency. This whitepaper provides a roadmap for organisations to start their FinOps journey and take control of cloud costs.
 


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The FinOps roadmap

Our FinOps implementation playbook outlines the key steps required to establish a FinOps framework, from setting clear objectives and defining key performance indicators to selecting the right governance approach and tools. It emphasises the importance of collaboration between the FinOps personas across the organisation to drive transparency and optimise cloud costs. The specific roadmap allows companies to ensure that their cloud investments are aligned with business objectives and achieve greater financial accountability.

Learn more

“FinOps is not just about saving costs, it’s about understanding what you’re spending money on and making an informed decision about whether it’s a wise spend or not.”

Claudius Meyer, Partner Technology & Data, PwC Switzerland

What has AI got to do with FinOps?

AI is becoming integral to FinOps as organisations adopt advanced cloud cost optimisation tools. It will transform future FinOps models by enabling accurate cost management, better forecasting, real-time anomaly detection, and data-driven recommendations. By automating financial operations and providing real-time insights, AI helps organisations make faster, smarter decisions. In addition, AI-driven FinOps models improve invoice analysis, risk management, and resource allocation, making it easier to align cloud spend with business value.

Discover how AI is reshaping cloud cost management and download the whitepaper.

Why download the whitepaper? To take control of your cloud costs.

Access a practical framework that provides a clear roadmap and governance model for implementing FinOps in your organisation, as well as insights into cloud adoption trends and challenges specific to Switzerland. PwC specialists provide expert guidance on maximising cloud investments, including strategies for using AI to improve cost optimisation.

Take control of your cloud costs and download our whitepaper now to drive financial accountability and operational efficiency.
 

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We wish you an intersting read.

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Contact us

Claudius Meyer

Partner and Cloud Transformation Leader, PwC Switzerland

+41 58 792 18 84

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