FinOps

FinOps, short for Financial Operations, is a methodology and set of practices for managing cloud finances effectively. It helps in aligning the use of cloud resources with business and financial goals. It entails collaborative efforts across different functions to strike the right balance between cost, speed, and agility, all of which are influenced by the strategic and tactical requirements of the business.

In summary, FinOps is a holistic approach to managing cloud finances effectively. It recognizes that cloud spending is a dynamic aspect of modern IT operations and requires ongoing attention and collaboration to ensure it aligns with business objectives while controlling costs.

NuWare has forged partnerships with technology providers to deliver optimized cost management solutions and efficient budget utilization. One of our prominent partners in this realm is Lucidity, known for its ability to generate savings of 25-35% in EBS storage costs.

Assessment

We emphasize thorough analysis of current market trends, customer preferences, and competitive landscape to outline actionable steps for short-term and long-term growth.

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FinOps as a service

As your business grows, so do your financial complexities. NuWare provides Financial Analysis, Cost Management, Forecasting and Planning, Budget Oversight, and Risk Mitigation.

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Automation and Continues Optimization

NuWare identifies and automates manual tasks across various departments. Implement workflow automation to enhance collaboration and communication. There are significant limits to the use of robotic process automation and intelligent automation technologies in increasing organizations' efficiency in their services and at a lower cost than conventional techniques. We provide assistance to such complexities.

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