Cloud cost optimisation simplified

We help CFOs and CIOs with FinOps and cloud cost optimisation. We do this by identifying and resolving the root causes of escalating cloud expenditure.

Data issues solved so that you can accurately assign accountabilities for cloud spend

Simple, hard-hitting KPI dashboards that enable execs to drive cost mgt behaviour change

25% cloud cost reduction opportunity or we don’t charge you

What clients say about us

"Finabeo's team are experts in their trade and so easy to work with. In just a few days, they identified significant cost inefficiencies in our cloud spend and set us up with a plan that gives us total confidence that we will remain "right-sized" going forwards."

“The technical prowess and problem solving skills at Finabeo are really strong. They resolved spend issues very quickly with zero disruption to my teams.

"We saved 40% on our GCP spend within a couple of weeks, they have developed some very powerful software. Because they work alongside us, the recommendations were tailored for us, and we understood exactly how to realise the savings they identified. They surpassed our expectations by some distance!"

"Neil, Sarath and the team at Finabeo delivered a comprehensive and very useful assessment of our Azure cloud costs and internal capabilities. Having recently completed our move to the cloud, the results of the assessment have given us a clear roadmap for cloud cost governance and significant, specific, cost saving opportunities. This is a complex space, but we now have confidence to press forwards with the plan, implement the recommendations and track progress using the KPIs identified. Thank you!"

"Finabeo removed around 62% of our AWS costs. It was very eye-opening to see how inefficient we had become but also very pleasing to see how seamless and quickly the situation could be resolved. The team are very easy to work with and clearly absolute experts in their field – thank you!"

Does this sound familiar?

Allocating cloud costs to different teams is really complex and difficult so forecasting and budgeting is a mess.

My cloud provider plays nicely, but is not incentivised to reduce my costs

Engineering teams don’t often consider cost in their daily activities, and active sponsorship of cloud costs is difficult due to the knowledge gap between CxOs and technology teams.

Cloud bills are confusing and it’s difficult to understand which activities to prioritise for cost reduction without investing in expensive SaaS products or adopting the extensive capabilities framework advised by the FinOps Foundation.

Almost $700 billion was spent on public cloud in 2023:

of companies aren’t sure what they spend their cloud budget on.

0 %

of cloud spend is wasted.

0 %

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

0 %

References: Flexera 2024 State of the Cloud Report, 2023 State of Cloud Cost Intelligence Report, Gartner article 20/5/2024

Solution: Work with the most experienced and capable team in the market to remove at least 25% of your cloud spend.

FinOps is complex; delivering appropriate outcomes requires a deep understanding of clients’ businesses. Human-first, tech-enabled consulting is the only way to deliver.

Leadership and sponsorship

Data quality and governance

Commercial (rate) optimisation

Technical optimisation

Education and building communities

Our bespoke software is not just another data visualisation tool. It delivers:

We run a 3 week, 3 stage diagnostic to identify the root cause of cloud waste, and at least 25% cost savings.

Stage 1 - Cost Allocation Data Audit Report

We will audit your cloud cost data quality. We identify the issues that stop you from allocating costs to different teams or business units, rendering forecasting, budgeting, optimisation and other valuable activities ineffective.

Stage 2 - Cost Optimisation Opportunity Report

We tell you how much you can save through reducing waste and how to address it. Typically we find 37% savings opportunities.

We will also provide a report on your broader cloud cost management (FinOps) maturity, enabling you to measure yourself against the (global standard) FinOps Foundation Framework.

Stage 3 - KPI Dashboards for Key Personas

With a clear understanding of your organisation we will prepare bespoke KPI dashboards for key personas focusing on a small number of game-changing activities.

This drives senior engagement and unlocks sponsorship (the most effective driver of change).

We Support

FAQs

Who should use Finabeo, and when?

If your organisation currently pays circa $50,000 or more per annum for a cloud-based service with Microsoft Azure, Amazon Web Services (AWS) or Google Cloud Platform (GCP) then let’s discuss how we can help you.

We are just as effective as helping clients whose IT is outsourced to 3rd party support organisations. Unless you have been through specific/extensive cloud optimisation activities, it is likely that some of your cloud resources have been set up inefficiently. Example opportunities for optimisation include:

Terminating orphan resources
Resizing Azure VM instances from FS16v2 to FS4v2, if the utilisation is only 25% at peak workloads
Review Database to rightsize and / or migrate
Migrate from IaaS to PaaS
Provide recommendations for better / cheaper and optimal options within PaaS

Our software will quickly identify these efficiency opportunities and deliver specific recommendations. Whilst most organisations approach us once they realise how complex cloud cost management is, we are better positioned to help companies who are at the start of their cloud journey so that good foundations are put in place and expensive mistakes are avoided.

Do you require full access to my organisation’s IT estate?

No.

You will simply provide us with read-only access to your Azure / AWS / GCP environment.

Optimus will then provide it’s analysis recommendations based on the following data:

Metadata and configuration
Cost management, reservations and billing metrics
Network flow logs

This means we don’t access any Personally Identifiable Information (PII) data and there is no intrusive application access.

How does this compare to competition?

By combining decades of experience with our Optimus software, we are able to produce a tactical and strategic plan that develops your people, your capabilities and reduces cloud spend by an average of 40%.

Our competitors focus on technical aspects of cloud optimisation. Through our human-led approach, we address the things that really drive organisational change on cost management: sponsorship, data quality governance, clear accountabilities, incentives models, training / education, communication and building communities.

Optimus has a greater functionality range than most competitor software and as a non-SAAS tool, can be quickly pointed towards complex edge cases (the devil is always in the detail with the ever changing world of cloud spend!).

SAAS products typically cost 2% of annual cloud spend and lock you in for an extended period. We start with a rapid, affordable, one-off diagnostic.

All of our recommendations are tailored to your organisation and your team will enjoy interacting with us and having a sounding board for guidance and advice. The graphic below demonstrates how we deliver a much broader analysis than our competitors.

Comparison of Finabeo vs the alternative options:

Is there a money back guarantee?

Yes!

If we cannot provide an actionable (within 12 months) savings plan to remove 25% of your cloud spend, then we will not charge you.

Is this a SAAS solution?

No, we run a structured “human-led” analysis that covers all the dynamics of modern complex technology spend, including leadership, technical optimisation, commercial optimisation, data quality and culture development. Our approach is completely data-driven as we operate our Optimus software to interrogate your estate and understand the root cause of wasted and inefficient spend.