At Oakcrest Technologies, we enable businesses to get the most out of their cloud investments without sacrificing scale or performance. We recently completed a project with a leading eCommerce eCommerce company, implementing FinOps solutions to reduce costs by 30% using cloud financial governance and cost management tools.
Client Challenges
The client was experiencing uncontrolled cloud spending, resulting in budget overruns and reduced ROI. Their challenges included:
- Visibility Gaps: Limited insights into resource utilization and cost breakdown.
- Resource Inefficiencies: Over-provisioned and idle AWS resources inflating costs.
- Lack of Accountability: No system for tracking ownership or enforcing financial accountability.
- Budget Forecasting Issues: Inability to predict and manage cloud expenses effectively.
The client needed a solution that combined deep cost visibility, resource optimization, and scalable cloud governance.
Our Approach
We introduced a structured FinOps framework that leveraged industry-leading tools, customized processes, and AWS-native services to bring cloud costs under control.
FinOps Solutions Highlights
- Comprehensive Cloud Spend Analysis
- Leveraged tools like Apptio Cloudability and AWS Cost Explorer to analyze spend and identify inefficiencies.
- Integrated CloudKeeper for Reserved Instance (RI) lifecycle management and optimization.
- Resource Rightsizing and Optimization
- Rightsized compute resources (EC2, RDS) based on actual workloads to reduce wastage.
- Implemented auto-scaling groups to align resource allocation with traffic demand.
- Automated identification of zombie resources (unused volumes, instances) and scheduled cleanup.
- Cost Transparency and Reporting
- Built interactive FinOps dashboards using Amazon QuickSight for granular, real-time visibility into cloud costs.
- Deployed Apptio Cloudability to provide cost breakdowns by team, project, and environment.
- Enforced tagging policies for resource ownership and accountability.
- Strategic RI and Savings Plan Management
- Used CloudKeeper to optimize Reserved Instance purchases, enabling significant savings for predictable workloads.
- Created spend forecasts using AWS tools, ensuring proactive cost management.
- Implementing a FinOps Framework
- Facilitated collaboration across finance, engineering, and operations teams to align cloud investments with business objectives.
- Delivered workshops on FinOps phases to instill cost awareness and governance best practices.
Key Business Impacts
- 30% Cost Savings: Significant reduction in cloud spending through rightsizing, automation, and RI optimization.
- Enhanced Cost Visibility: Improved financial governance with real-time dashboards and reporting tools.
- Operational Efficiency: Automated cost optimization workflows reduced manual intervention and improved resource management.
- Cross-Functional Accountability: Fostered collaboration between engineering, operations, and finance teams with clear ownership of costs.
- Improved Forecasting: Predictive insights enabled proactive planning for future cloud budgets and resources.
Client Testimonial
“Oakcrest Technologies brought immediate clarity to our cloud spending. Their expertise in FinOps, combined with tools like Apptio Cloudability and CloudKeeper, helped us save 30% on AWS costs while optimizing performance. Their data-driven approach transformed our cloud operations and empowered us to scale sustainably.”
Head of Cloud Operations, Leading eCommerce Company
Conclusion
At Oakcrest Technologies, we specialize in delivering scalable FinOps solutions that align cloud spending with business goals. By combining innovative tools like Apptio Cloudability, CloudKeeper, and AWS-native services, we enable clients to achieve measurable cost savings, operational efficiency, and financial control.
Ready to optimize your cloud costs? Let’s build a FinOps strategy customized to your business. Contact Us Today.