Cloud Cost Optimization (FinOps)

With the support of GDECA consultants, customers can achieve substantial cost savings, often ranging from 15% to 30% on their AWS Cloud expenses while maintaining or improving performance, reliability and efficiency.

Practice Highlights

  • Cost Optimal Resources
  • Pricing Models & Account Structure
  • Monitoring & Insights
  • Decommissioning
  • Cost Governance

FinOps Domains

  • Understanding Cloud Usage & Costs
  • Performance Tracking & Benchmarking
  • Real-Decision Making
  • Cloud Rate Optimization
  • Cloud Usage Optimization


Collect all relevant data applicable to current cloud usage and spending.


Analyze current usage and spend information highlighting areas to optimize spend through right-sizing, cost-optimal resources, pricing models, automation and decommissioning.


Setup cost governance, monitoring, forecasts and alerts to maintain visibility and sustain in a cost optimized environment.


Maintain cloud cost optimization using data-driven decision making wrapped around a clear governance structure.

GDECA FinOps Capabilities

  • Cost Allocation (Metadata & Hierarchy)
  • Data Analysis & Showback
  • Managing Anomalies
  • Managing Shared Costs
  • Forecasting
  • Workload Management & Automation
  • Managing Commitment Based Discounts
  • Data Ingestion & Normalization
  • Cloud Policy & Governance
  • Tagging

A recent Gartner survey found that "through 2024, 80% of companies that are unaware of the mistakes made in their cloud adoption will overspend by 20% to 50%."

After successfully implementing Cloud Cost Optimization, consider allocating resources to establish a Corporate Fin Ops practice. This entails adopting Functional Ownership and Cost Culture, setting up a Cloud Cost Center of Excellence, promoting collaboration between Business, IT, and Finance departments, and implementing additional FinOps policies and principles.

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