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Services

Cloud FinOps Services

Effectively navigate cloud’s financial and operational challenges

Cloud introduces into IT financial management new complexity that often can’t be successfully navigated with traditional processes. To provide spending transparency, keep costs in check, and gain the expected ROI on their cloud investments, many organizations may need to evolve their IT financial management capabilities. Deloitte’s Cloud FinOps Services can help.

Cloud FinOps

The complexity of cloud architectures, vendor services, and pricing structures, coupled with the high variability and velocity of cloud spend, means that traditional IT financial management models don't translate well to cloud. Organizations must have a cloud FinOps model that enables them to operate more economically, now and in the future.

Deloitte's Cloud FinOps Services can help your organization operate more cost effectively in cloud. We will evaluate your current cloud FinOps maturity and partner with you to design and implement market-leading FinOps capabilities that will drive maximum value from your investment in the cloud.

Deloitte's Cloud FinOps Services include best-in-class tools, processes, and structures that allow us to meet our clients where they are in their FinOps journey.

Our impact

165+

Clients served

300+

FinOps certified practitioners

20%+

Average savings per clients

93%

Average reservation coverage rate

Deloitte Cloud FinOps Services and offerings

Our core FinOps services consist of a comprehensive set of customized solutions designed to enable financial transparency, predictability, and controls needed to maximize the value of the cloud. Our Cloud FinOps Services are also supported by adjunct Deloitte services such as tax and accounting advisory and fully leverage Deloitte’s FinOps Foundation premier membership.

Our integrated offerings

We continue to evolve our offerings to meet our clients’ need for more integrated FinOps solutions, bringing the best of Deloitte’s breadth, including GenAI, software asset management, hybrid, data, tax, accounting, etc. Our integrated offerings include:

FinOps for data platforms

Leverage FinOps principles for cloud-based data platform workloads to gain cost transparency, optimize workload usage and reduce spend.

FinOps for Generative AI

Adopt FinOps practices across GenAI workloads to improve resource efficiency and optimize usage and cost.

Accounting and tax

Mitigate compliance risk and optimize cloud spend for tax credits and accounting benefits.

Software license optimization

Unify SAM and FinOps frameworks into a consolidated discipline to improve visibility and efficiency of cloud spend.

Hybrid FinOps

Leverage synergies between CFM and ITFM to enable improved decision-making through unified and comprehensive views into technology costs, sustainability metrics, and business value.

FinOps Certified AWS Cloud Competency Partner
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The value of our Cloud FinOps Services

As a FinOps Certified Service Provider, Deloitte’s Cloud FinOps Services work because they help you examine—and plan for—cloud consumption, and they continuously monitor costs to gain visibility into cloud spend—which can help you understand costs and take appropriate actions to reduce cloud-spend waste. Also, with cloud FinOps, you can determine the right mix of workloads to migrate to cloud to optimize costs and generate more ROI from your cloud investments.

To provide long-term higher value, our FinOps services help you keep your cloud journey on track financially by helping you monitor and adjust your cloud financial operating model as your needs change.

Impact

Deloitte has achieved the Amazon Web Services (AWS) Cloud Operations Competency in the Cloud Financial Management (CFM) category

The AWS Cloud Operations Competency is a program that validates and promotes AWS Partners with demonstrated AWS technical expertise and proven customer success. It allows customers to select validated AWS Partner Network members who offer comprehensive solutions with an integrated approach across key solution areas of cloud operations that help customers set up, build, migrate, and operate securely and efficiently with an integrated approach to cloud operations.

The impact of Deloitte Cloud FinOps Services

With our Cloud FinOps Services, you can gain the ability to more effectively identify, govern, and optimize your cloud spend. The benefits of our Cloud FinOps Services start almost immediately, and they are impactful and long term. Our services help you:

  • Drive cost ownership across business units and improve resource traceability across a multi-cloud environment.
  • Gain transparency into spend through cost allocation at resource level, ML-driven predictions for forecasted spend across CSPs.
  • Align FinOps maturity journey with business strategy and goals.
  • Identify areas where your organization can improve cloud efficiency, reduce costs, and better leverage benefits of cloud computing.

 

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Learn more about our FinOps Accelerator—CloudBilling 360™

CloudBilling 360 enables enterprises to visualize, optimize, and control their full cloud footprint at scale. CloudBilling 360 can be supplemental to existing FinOps practices or act as an accelerator to operationalize and optimize cloud spend at your enterprise.

Learn more about CloudBilling 360

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Why Deloitte

Deloitte brings to bear deep sector and tech experience underpinned by a business-led approach, and we couple that with global capabilities in cyber, tax, and audit to ensure that the financial management of your cloud ecosystem is viewed holistically—not just through an IT lens.

We work with you to develop a flexible approach to cloud FinOps that fits your organization’s current and future challenges.

With more than 60,000 cloud practitioners and 28 delivery centers around the world, Deloitte brings unmatched resources and reputation to cloud transformation services. Are you ready to optimize your cloud spend and gain greater ROI from your cloud investments? Let’s talk.

Our latest thinking

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Whitepaper
Optimizing cloud data lake cost with FinOps
The practice of Cloud FinOps has emerged as a critical component to business value maximization for business and technical leaders. Read the white paper to understand the step-by-step view into data lake cost optimization by migration stages.
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ON CLOUD PODCAST
Optimize your cloud costs starting now
Want more value from your cloud investments? Start by optimizing your costs. Use FinOps, develop a sound strategy, implement it, and build a culture of optimization and accountability.
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Insights
How to manage cloud expenses with FinOps
Planning ahead for cloud consumption is a must. Today's cost and performance pressures make this the right time for a FinOps model that helps the cloud operate more economically, now and in the future.
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On Cloud blog
Optimizing the value of cloud: A guide
In the first post of this three-part blog series, we look at why cloud cost optimization is a vital business need, and describe a practical framework that businesses can adopt. Explore how businesses can get started with optimizing their cloud costs.
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Optimizing the value of cloud: Four key levers
In the second post of this three-part blog series, we explore in depth the four crucial levers businesses can use to optimize cloud costs: waste management, consumption management, purchasing leading practices, and cost-aware architecture.
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Optimizing the value of cloud: The impact
In the final post of this three-part blog series, we explore the impact businesses can expect from cloud cost optimization initiatives. Learn how a well-defined cloud optimization strategy can help businesses improve their bottom lines and enhance business agility.
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FinOps: A new path to cloud-cost optimization
Cloud costs are soaring for many companies, without any real insight as to why. For answers, many organizations are turning to FinOps—a collaborative, cross-functional approach to cost transparency, accountability, and optimization.
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Get in touch

Nikhil Roychowdhury

Nikhil Roychowdhury

Principal | Deloitte Consulting LLP

+1 312 203 3016

Nikhil is a principal with Deloitte Consulting’s Financial Services practice. With more than 20 years of experience as a trusted technology advisor to large global banks and insurance providers, Nikhi... More

Ram Ramdattan

Ram Ramdattan

Managing Director | Deloitte Consulting LLP

+1 469 704 8293

Ram is a managing director with Deloitte Consulting LLP and a leader in the US Cloud Engineering practice. He has led talented, multi-skilled teams and delivered successful initiatives across health c... More

Daniel Grayson

Daniel Grayson

Principal | Deloitte Consulting LLP

+1 415 783 6077

Dan delivers business-focused technology transformations that derive tangible value from cloud at Fortune 500 companies in several industries, including Life Sciences, Financial Services, and Tech. He... More

Mark Steckel

Mark Steckel

Specialist Leader, Cloud FinOp Services | Deloitte Consulting LLP

+1 212 436 2805

Mark is a Specialist Leader in the Cloud Engineering practice where he is leading efforts to further develop Deloitte’s Cloud FinOps Services offering. He has over 20 years of experience in the financ... More

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