Date: 2024-01-22 Name: Redacted Title: Director of FinOps Type: Interviews
Processed Notes
- Companies of all sizes choose to outsource their FinOps Practice to third-party companies
- Often it’s just a for a second set of eyes—these companies already have an internal FinOps practice of some sort, but want to validate those recommendations with a “pro”
- A daily cadence of checking cost-related alerts and monitors helps shorten the money feedback loop
- There is a ton of opportunity for big savings in the Private Equity space. Can use FinOps to cut cloud bill across entire portfolio.
Related Chapters
Raw Notes
- Larger customers coming to him for validation. They have their own team who is making recommendations, and wants third party recommendations and compare against their internal recommendations
- Thinking about RIs and SPs in a more mature way than most companies
- Set up alerts and monitors, checking their costs for them daily and alert them on it
- Large companies code with cost in mind, rather than building and trying to remediate afterwards
- Hiring a third-party FinOps service is often way more affordable for smaller companies
- Private Equity, buy a company and cut costs across all their portfolio