Cost optimization is a critical challenge for companies. When development processes moved to the cloud, so did organizations’ budgets, and FinOps was born. After working with many DevOps and engineering teams, we’ve identified this as a recurring challenge and have crafted a solution to address it. We help you create a structured strategy for navigating the complexities of cloud cost management, ensuring a balance between cost efficiency and effective cloud usage, while leveraging cloud-native technologies.
Cloud Native FinOps is more than just managing cloud costs—it’s about creating a culture of financial accountability. Tikal helps your teams implement the FinOps framework, ensuring seamless collaboration between finance, engineering, and operations. With Tikal’s guidance, your organization will optimize cloud spending, align resource allocation with business goals, and foster informed, data-driven decisions.
The ongoing FinOps process of Inform-Optimize-Operate requires various tools and technologies.Tikal's approach is to integrate with your current tools and technologies rather than rely on a single solution. This flexible and customized strategy helps manage your cloud costs more efficiently.
During the Inform phase, we monitor and track cloud expenditures, providing visibility into spending patterns through dashboards and alerts.
The Optimize phase is focused on identifying cost reduction opportunities by analyzing usagepatterns and using right-sizing techniques to adjust resource allocations to actual needs.
Finally, in the Operate phase, we automate cost management tasks to ensure ongoing efficiency,using custom scripts to detect and manage unused or underutilized resources and strategies like reserved instance planning to optimize costs further.
Instead of focusing on specific tools, Tikal emphasizes embedding FinOps methodologies into your existing workflow and technologies, resulting in a more cost-effective and efficient cloud environment.
Tikal offers these benefits (and more!)
Implement the FinOps-based process of inform-optimize-operate.
This is the goal of FinOps. Improving the cost-effectiveness of your cloud management will ensure your budget spending makes sense.
The development team will gain a clear understanding of where and how cloud budgets are being spent. This new mindset can be implemented across the organization.
Ensure resources are efficiently utilized and aligned with your business priorities.
What starts with cloud costs will expand to every other corner of your organization, empowering your teams to make informed decisions based on data.
Tikal's FinOps process begins with an in-depth discovery phase to understand your current cloud infrastructure and spending. We will conduct a thorough assessment, identifying cost-saving opportunities and room for improvement. We then develop a customized action plan, incorporating resource tagging, cost prediction, and assessment strategies tailored to your specific needs.
Tikal will guide your organization toward a more cost-effective cloud model. As always,this process is collaborative, ensuring your team is involved and gains the necessary toolsand knowledge for ongoing management and optimization of your cloud costs.
Ready to optimize your cloud spending?
We’re ready to help.
