FinOps Trailblazers: Top Rate & Usage Optimization Providers
Market Report

15 Nov 2024
by Titus M, Pallavi Seth, Bharanidharan SP

As cloud adoption grows, FinOps is essential for organizations seeking financial accountability and cost control in their cloud environments. The FinOps framework combines financial management with cloud operations, enabling organizations to manage and optimize spending and fostering collaboration across IT, finance, and business teams. This shift empowers companies to harness cloud benefits without overspending, making FinOps technology providers vital for achieving these goals.

Among FinOps’ core focus is rate and usage optimization, which reduces cloud expenses through strategic purchasing, efficient resource management, and automation. Discount management, rightsizing, and auto-scaling enable companies to secure better rates and align resources with actual needs. For several enterprises, rate and usage optimization is the key to realizing cloud investments’ true value.

In this report, we evaluate the top 10 providers in rate and usage optimization space based on discount management, spot instance usage, and auto-scaling capabilities. The report equips enterprises with the insights needed to select the right FinOps tools, helping them drive sustainable cloud cost efficiency and make data-driven decisions in their cloud management journeys.

Scope

All industries and geographies

Contents

In this report, we:

  • Offer a FinOps market overview, highlighting its market size and CAGR
  • Highlight optimization levers and FinOps' adoption outlook
  • Assess the top 10 technology providers

Membership(s)

Cloud and Infrastructure Services

Sourcing and Vendor Management

 

Page Count: 39