Cloud FinOps Solution Overview
DMI® AI-Powered Cloud Financial Operations (FinOps) solution addresses the challenges of managing and reducing cloud expenses from major cloud providers, which have become increasingly urgent for organizations. Our solution helps customers optimize cloud costs with FinOps skill augmentation, AI-powered tool deployment, and defining processes for cost management.
The FinOps solution provides cloud spend observability through dashboards, regular reporting, and alerts for cost overruns. It offers visibility into current and past cloud costs, enabling proactive management and reporting to respective leaders. Cost optimization leverages Cloud Service Provider’s (CSP) Well-architected Framework best practices, including auto-scalable architectures, to avoid over-provisioning. DMI assists in coordinating Enterprise Agreements with CSPs for centralized purchasing and volume discounts and makes AI-powered recommendations for long-term resource commitments to achieve significant savings.
For cost governance, DMI helps establish policies and procedures, including approval processes for resource changes that impact cloud costs and provides ongoing cloud cost forecasts. The solution also implements technology and procedures for communicating cloud costs to various departments and project teams, creating a charge-back/show-back mechanism and alerting system.
By combining these features, DMI’s FinOps solution drives financial accountability, efficiency, and overall cost control in multi-cloud environments. It ensures that organizations can effectively manage their cloud spend, optimize resources, and maintain transparency across departments, ultimately leading to more efficient and cost-effective cloud operations.
Cloud Financial Management Features
Insights
Partners and Alliances
WHY DMI
DMI is an end-to-end Digital Transformation services provider covering digital transformation strategy, change management, ecommerce, web and app development, data science and data engineering. Most competitors specialize in just one, or a few of these disciplines, and lack the holistic vision required to ensure all aspects of your data management are coordinated.
With 125+ certified data analytics experts, we work with organizations to create a holistic road map and infrastructure to support insight and enable business users to extract, analyze, and consume data out of a single data platform. Leveraging DMI’s cloud data platform services allow you to shift your focus away from managing disparate infrastructure to gain actionable insights from all data across your enterprise. We enable organizations to scale fast, remove data silos, and add new features and enhancements that expedite speed to market and improve customer retention and satisfaction.
