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Ankur Patel, Managing Director | Orange TechnoLab Pvt Ltd
Cloud computing offers individuals access to data and applications from nearly any point of access to the Internet, offers businesses a whole new way to cut costs for technical infrastructure, and offers big computer companies a potentially giant market for hardware and services – Jamais Cascio
The optimal management of cloud resources is a complicated process but needs to be done to ensure better returns on investment. FinOps is required to ensure cost optimization of cloud resources so that businesses can find the correct balance between cost, quality, and dexterity and focus on innovation and better business outcomes.
The advantages of the cloud are innumerable. The most important benefit is that they let you pay as you use which is meant to keep your costs under control. However, the reality is quite different as enterprises may find monitoring the cloud resources difficult which results in costs shooting up and decreasing business margins. There are a couple of issues that hinder the optimization of cloud resources
Silo Functioning When businesses function in silos, it is tough to have visibility on which vertical is buying or using which service since procuring cloud...