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Hybrid FinOps solutions for hybrid cloud
Deloitte and IBM enable cloud cost management
Deloitte's Hybrid FinOps solutions enable organizations to manage technology costs in evolving hybrid and multi-cloud IT landscapes. These solutions combine experience in cloud cost management with innovative tools like IBM’s Apptio and Turbonomic software to provide insights into spending patterns and optimization opportunities across diverse cloud environments.
Current challenges with hybrid cloud cost management
Enterprises face a myriad of challenges for managing and streamlining hybrid cloud costs. In collaboration with IBM, Deloitte’s Hybrid FinOps solutions address these challenges, which can include:
- Complex cost and billing structures, which are multiplied when factoring in all aspects of hybrid cloud – public, private, and on-premise
- Fragmented measurement and management practices that create information silos, obscure true costs, and hinder holistic decision-making
Address cloud cost complexity with Hybrid FinOps solutions
A better way to manage hybrid cloud investments
Hybrid FinOps solutions provide holistic visibility into technology spend, cost optimization opportunities, and sustainability impacts for the entire hybrid cloud footprint. It extends FinOps best practices of governance, optimization, and financial management to public cloud and on-prem environments. It also empowers enterprises with:
Capabilities
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Transparency and measurement
Provides single-pane-of-glass visibility into all technology costs, enabling holistic insights into total cost of ownership and unit economics
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Hybrid cloud optimization
Identify and execute cost optimization opportunities across hybrid and multi-cloud environments
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Performance management
Build integrated forecasting, budgeting, and cost allocation capabilities that remove siloed financial management constructs
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Sustainability
reporting
Empowers decision-making by incorporating cost, performance, and sustainability factors
A growing need for greater insights into cloud cost management
Given economic uncertainty, technology leaders surveyed in Deloitte’s 2023 Global Technology Leadership Study make budgeting and future investments cautiously:
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50%
say technology performance metrics and impact of technology programs are key discussion topics in the boardroom
48%
is the amount of budget that surveyed executives say they allocate for augmenting existing capabilities with new capabilities
50%
currently struggle to demonstrate a cause-effect relationship between technology investments and financial growth
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Additional Resources
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Cloud FinOps solutions
Learn how Deloitte helps clients navigate cloud’s financial and operational challenges.
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Deloitte and IBM
Take a closer look at the solutions and made possible by the Deloitte and IBM relationship.
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Technology business management
Explore the ways in which Deloitte helps organizations align people, process, and technology.
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Contact us
Learn how Deloitte and IBM can help your organization embrace and thrive in increasingly complex technology environments.
Our leaders
AnnaMarie Hill
Global Alliance Leader, IBM and Red Hat Alliance | Deloitte Consulting LLP
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