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In the world of FinOps, organizations often begin their journey with cloud cost optimization solutions to identify waste, right-size resources and improve visibility. But as cloud environments grow more complex and dynamic, organizations must also optimize their commitments.
Here’s a look at how Flexera One Cloud Commitment Management (formerly Spot Eco) supports each level of FinOps maturity, as defined by the FinOps Maturity Model.
Cloud commitment management matters, even at the Crawl level
The Crawl level of the FinOps Maturity Model, where most organizations begin, focuses on establishing visibility, basic cost controls and early wins. At this stage, teams typically rely on cloud cost visibility tools to identify waste, right-size resources and improve reporting. These efforts are essential for understanding cloud spend and creating accountability.
However, visibility alone doesn’t equal control. This is where Cloud Commitment Management comes in. It is essential for driving significant impact, even at the Crawl level.
Key benefit: Cloud Commitment Management ensures that long-term cloud commitments—like Reserved Instances (RIs), Savings Plans (SPs) and Committed Use Discounts (CUDs)—are strategically purchased and fully utilized so you can turn visibility into action and lay the groundwork for scalable savings.
The Walk level: scaling with confidence
At the Walk level, FinOps teams begin to align cloud spend with business objectives. They need tools that adapt to changing workloads, support multi-cloud environments and offer real-time flexibility.
Cloud Commitment Management goes beyond static dashboards. It combines automation, predictive analytics and expert oversight to continuously optimize commitment portfolios—ensuring savings scale with usage.
Key benefit: Cloud Commitment Management enables dynamic portfolio management, allowing teams to adjust commitments in response to market shifts and evolving infrastructure needs.
The Run level: strategic agility
At the Run level, FinOps becomes a strategic function. Organizations seek to maximize ROI, forecast spend accurately and support innovation. Cloud Commitment Management plays a critical role here by:
- Maximizing the effective savings from commitments, thus freeing up more budget
- Reducing lock-in through convertible/exchangeable commitments
- Supporting multi-cloud governance
- Aligning commitment strategies with business cycles and product launches
Key benefit: Cloud Commitment Management transforms cloud spend from a cost center into a strategic lever—freeing up budget for innovation and growth.
An important complement
If your organization is already using cost optimization tools, you’ve laid the groundwork. But without Cloud Commitment Management, you’re leaving significant savings and strategic flexibility on the table.
Cloud Commitment Management complements cloud cost visibility tools by turning insights into action—automating commitment purchases, adapting to usage patterns and delivering measurable ROI.
Ready to level up?
Whether you’re just starting your FinOps journey or looking to scale, Cloud Commitment Management is the key to unlocking deeper savings and greater agility.