With our support, a subsidiary of a leading automotive manufacturer was able to identify over €5.5 million in cloud costs that it can save each year in the future with targeted FinOps measures.
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Cortex Reply is a Reply Group company specialising in FinOps, ITFM & IT Sustainability consulting.
We are dedicated to helping organisations optimise their IT financial management and efficiency to ensure they get maximum value from their IT investments. Our expertise lies in fostering cross-functional collaboration and implementing FinOps, ITFM & IT Sustainability practices that improve visibility, control and efficiency of IT spend.
Our team of FinOps, ITFM & IT Sustainability specialists work hand-in-hand with clients and their technical, financial and business teams to implement best practices in IT usage and financial governance, enabling informed decision-making and cost optimisation across multi-cloud environments and beyond to the whole IT landscape. We focus on providing insight into IT usage, identifying inefficiencies and implementing automated processes to streamline operations and enable sustainable and scalable IT financial management.
IT engineers can provision cloud resources at the touch of a button, without the need for a traditional procurement process. This results in loss of control, lack of transparency and the inability to plan cloud costs. The FinOps Framework solves these cloud cost management problems. FinOps describes a range of best practices which go hand-in-hand with the transition into the cloud. In doing this, company culture is iteratively brought in line with the new circumstances.
The primary aim of FinOps is not reducing costs, instead the focus is on the best possible use of the cloud. The aim is to optimally use the variable cloud cost model for the company to promote innovations and business development faster.
IT financial management (ITFM) is a framework that consists of the processes and tools necessary to provide IT leaders with the key capabilities to effectively account for, manage, and analyze IT costs and communicate their value to the business. ITFM enables IT leaders to understand their IT costs and align their investments with business priorities to maximize value. ITFM involves analyzing, planning, and controlling the costs associated with IT operations, projects, and services, and ensuring that IT spending is transparent, accountable, and optimized for efficiency.
For us, ITFM is the extension of the FinOps practice to look beyond the public cloud.
IT Sustainability is the practice of reducing the environmental impact of technology while improving efficiency. It’s closely linked to ITFM and FinOps, as optimizing costs often goes hand in hand with reducing energy use and resource consumption. By aligning IT operations with sustainability principles, organizations can lower their carbon footprint, enhance efficiency, and contribute to a more sustainable future.
As a FinOps, ITFM & IT Sustainability partner, Cortex Reply offers consulting and training to companies.
Assessment
The Cortex Reply expert team analyses the current statusof the respective IT cost domain in conjunction with the company. The result is a ready-to-use report with a clear roadmap and business case to guide the next steps.
Consulting
Cortex Reply, with its expert team, helps with the introduction and implementation on site. Employees are consulted to further advance the FinOps culture with best practices or enhance a suitable ITFM framework to improve the business outcome..
Training
In an individual training session, Cortex Reply introduces the topic and disseminates practical expertise.
The FinOps, ITFM & IT Sustainability Consultants of Cortex Reply serve organizations as Trusted Advisor to align interests of business, finance and IT towards IT efficiency and drive the change from within. As a Certified Service and Training Provider working closely with the FinOps Foundation, Cortex Reply stays at the forefront of the latest developments in the FinOps ecosystem.
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