Maximizing Cloud Investment with Best FinOps Principles

CIO Council

March 7, 2023 - UK & Ireland

Speakers

Krishna Challa
Director, Technology Solutions
EPAM Systems

Council Speaker

Krishna Challa leads EPAM’s AWS Technology and Consulting practice in the UK and Emerging markets and comes with over 18 years of experience helping organizations solve increasingly complex application, data, and infrastructure modernization challenges by adopting modern technologies. Krishna and his team help customers through their cloud transformation journeys by providing technology due diligence, solution design and engineering capabilities. Prior joining EPAM, Krishna worked in the areas of SDN, VNF deployments, building and operating large distributed systems at both AT&T and Verizon. In his free time, Krishna enjoys hiking, rowing and spending time with friends and family.
Andrew Gardner
Senior Systems Architect
EPAM Systems

Council Speaker

Andrew is a Senior Systems Architect with over 20 years in the industry. His primary focus is transforming, building, and optimizing solutions within the AWS Cloud, but has covered all the three major Cloud providers in his career to date. He is passionate about technology and has a track record of implementing cost-effective and efficient solutions that deliver business value. Andrew has been responsible for cost allocation, analysis, recovery, and reporting for customers with multi-million-pound Cloud spend and is well versed in the challenges that FinOps practices seeks to mitigate.
March 7, 2023

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Agenda

All times United Kingdom Time
3:00 PM-4:15 PM
Maximizing Cloud Investment with Best FinOps Principles

Across industries, cloud continues to be one of the fastest-growing segments of IT spend. In fact, according to the latest forecast from Gartner, worldwide public cloud end-user spending is expected to reach nearly $500 billion in 2022 – 20% more than the previous year. But without a clear and actionable plan for cloud cost management, many organizations are overspending by as much as 70%. Organizations are embracing FinOps and its combination of tools, automation, and best practices to gain more financial and operational control of their Cloud. For greater ROI, leaders must take a holistic approach in building and installing Cloud FinOps practices that help engineering teams deliver quality product and better features faster such as:

  • FinOps Core Principles and Lifecycle
  • Accountability and Governance
  • Automating Cost Management
  • Tools and Accelerators
  • Cost Optimization

By taking a top-down method, leaders can mediate Cloud overspend and build towards a goal of cultural change through Cloud FinOps to maximize their Cloud investment.


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