ProsperOps provides automatic cloud cost optimization services for AWS and GCP, focusing on reducing costs with zero ongoing effort.

ProsperOps

The cloud is incredibly powerful, but operating it cost effectively is complicated and time-consuming.

Our mission is to remove complexity and deliver savings outcomes so every business can prosper in the cloud.

Active Capital

H.I.G. Growth Partners

At FinOps X 2024, public cloud providers announced their support for the FinOps Open Cost and Usage Specification (FOCUS). 

FOCUS is an open-source specification created by the FinOps Foundation, designed to standardize the way different cloud vendors present cloud billing and usage data. FOCUS aims to simplify interactions with various cloud vendors by providing a unified framework to create:

📈 Consistency across cloud vendors
🔎 Transparency for better decision-making

Learn more about FOCUS and its benefits ➡️ https://bit.ly/4cEeLAS

Happy International FinOps Day! 🎉☁️

Cheers to everyone in this incredible community championing cloud financial management. Together, you are building a more efficient and cost-effective cloud!

#FinOps #CloudOptimization #AWS #GoogleCloud

Working on optimizing your AWS cloud spend? Our blog post on Amazon RDS Reserved Instances (RIs):

🔎 Dives into their intricacies
🧩 Explores their benefits and limitations
💰 Highlights how they can impact your budget

Discover how to save money and optimize your RIs ➡️ https://bit.ly/3WPWFY2

#AWS #CloudComputing #AmazonRDS #FinOps

🤔 Over the years in the #FinOps space, I’ve encountered quite a few bold claims across the vendor landscape. Here are the top five you should be aware of:

1️⃣ - “Free” Products and Services: The term "free" often comes with hidden conditions. You might not see the costs upfront, but rest assured, there’s always a price to pay, even if it’s not immediately transparent.

2️⃣ - Using a Vendor’s Commitments (RIs, Savings Plans, CUDs) as Your Own: This practice might seem convenient, but it’s important to understand that it doesn't align with cloud provider terms, especially when attempting to transfer vendor-owned commitment into your organization (e.g., Section 5.4.2 in AWS ToS).

3️⃣  - Outsourcing vs. Automation: Don’t confuse outsourcing with true automation. Real automation involves a sophisticated, precise system that operates at scale—not a team of individuals working behind the scenes, prone to human error and bandwidth constraints.

 4️⃣ - Quick Fixes for Savings: Quick fixes do exist, but they often come with significant long-term risks. It’s essential to weigh immediate benefits against potential future consequences. Anyone can save the maximum amount of money in the cloud by turning something off completely or committing to the longest term possible with their cloud provider in exchange for savings—both come with significant risks.

5️⃣  - Risk-Free Solutions: There’s no such thing as a risk-free option. If the risk doesn’t fall on you, it falls on your vendor. And you can be sure your vendor will minimize their risk, often limiting your actual savings opportunities. Buybacks, insurance, “[insert vendor] pays your bill”—there’s always a catch.

Has anyone dealt with these before?  Comment below 👇 .

Getting to spend the afternoon at Oracle Park with our friends at CloudWerx, Google Cloud, AMD, and Cloudflare was one for the books!

We enjoyed everyone's company, the game, and getting to chat about the exciting things happening in FinOps! ⚾☁️

It’s not to late to come join us at Breakout B at FinOps X. Join us to learn about FactSet’s FinOps Journey with ProsperOps.

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