Resources

The cloud helps enterprises scale, be more agile, increase revenue and achieve business goals. It’s important for your organization to get the most from every cloud dollar.

Join us for our FinOps with Flexera quarterly webinar series, where we’ll discuss the critical inform phase of the FinOps journey: cost allocation. You’ll learn how Cloud Cost Optimization tools help successfully navigate this portion of the journey, as well as how you can customize it to best fit to your organization.

Now more than ever, organizations are migrating workloads to the cloud to realize the benefits of rapidly scaling their business services in order to meet demand. However, navigating your cloud journey can seem daunting, and it’s important to go in with a well-thought-out plan. By dividing your cloud journey into the three phases of planning, migration and ongoing management, you can confidently maintain control. Planning Planning is absolutely critical to correctly navigating your cloud journey.

You may have read our previous blog posts about cloud financial hygiene discussing the importance of cloud financial management, the FinOps Foundation lifecycle and how to use key performance indicators to ensure you remain on track to achieve your goals. Throughout all these posts, one consistent theme has remained: you need to be armed with data-driven insights and a comprehensive view of all the assets in your multi-cloud estate. This requires a robust tagging strategy that underpins the success of your cloud financial management strategy.

If you’re like me, you likely don’t have months set aside to pass exams from financial regulatory bodies like the Federal Financial Institutions Examination Council (FFIEC). I needed full transparency into the lifecycle of my IT assets to quickly meet the reporting requirements and action plans set by the FFIEC. This included the end-of-life and end-of-support status on the IT hardware and software across my IT estate. IT asset management (ITAM) professionals know the struggles of audits all too well. Whether internal or external, they’re a resource drain.

Carlsberg Group was managing its IT infrastructure with a solution that didn’t provide visibility of the entire IT estate. Switching to Flexera’s IT Asset Management solution and partnering with SoftwareONE to operate the system, Carlsberg realized substantial cost savings and increased efficiency.

Ever wonder how your IT peers are handling the same budget challenges of digital transformation you face? Find out in the Flexera 2022 Tech Spend Pulse.

With all that’s happening in technology and the world, how are budgets and digital transformation initiatives affected? The Flexera 2022 Tech Spend Pulse offers insight.

The Flexera 2022 State of the Cloud Report results are in—and everyone’s talking about public cloud adoption rates. Once again AWS, Azure and Google Cloud Platform are the top three providers. But for the first time, Azure has closed the gap with AWS.

It’s easy to see why FinOps is evolving and being adopted as a financial management discipline. The Flexera 2022 State of the Cloud report revealed that as cloud costs and wasted spend continue to grow, it’s more critical than ever to get a handle on spend.

Hackers can deploy exploits in a week or less. That reality keeps many up at night—and given it’s nearly impossible to keep up with all updates for all software on your own, it’s critical to prioritize which applications need attention first. Understanding vulnerabilities A vulnerability is an error in software that can be exploited with a security impact and gain. Secunia Research validates, verifies and tests vulnerability information to author security advisories.

Whether your cloud spend is $5 million or $50 million a year, a common challenge for FinOps practitioners is getting your engineering teams to take action to control cloud costs. To be fair, IT teams face major hurdles in understanding application dependencies and lack visibility into licensing and cloud use, limiting the ability to act with confidence. With 89 percent of organizations taking a multi-cloud approach, the effort to correlate data and insights across cloud-native tools is just too complicated and time-consuming.