Whether you’re a recent lift and shift or are a cloud-native user, Rackspace FinOps can provide you with the expertise needed to establish your internal FinOps practice and optimize your cloud spend to align with your business goals.

The Rackspace FinOps team is FinOps & Cloud certified. It has a deep understanding of the balance required to ensure fiscal responsibility and control through an organization while maximizing the benefits of the cloud. We also have a wealth of experience navigating enterprise organizational and process change. We will assist you throughout your cultural transformation journey by guiding you toward best practices aligned with your business strategy. No matter where you are in your cloud journey, we are here to help:

• Predict Cloud Spend - Extrapolate forecast for budget based on TCO for migration + growth, setup trend-based forecasting for cloud
• Track Cloud Spend - Define budgets from the forecast, set up tracking and alerting, cost anomaly detection
• Control Spend - Spend Variance Analysis and root cause with a plan to mitigate, Cost Optimization
• Cloud Cost Allocation - Desired output for showback/chargeback
• Account Hierarchy - Billing account, linked accounts, setup for cost allocation • Tagging strategy - Tags dictionary, Tag coverage, Tags for Cost allocation
• Cost Allocation Model - Account-based, tag-based, shared/fixed cost allocation
• Cost Visibility - Billing structure, 3P tool selection, training + integration, Anomaly detection, Cost

Rackspace FinOps Cost Optimization covers:

Clean up and rightsize

• Unused resources e.g. IP addresses, load balancers, Gateways, storage volumes etc.
• Rightsize instances & databases
• Finetune Autoscaling
• Spot instances for fault tolerance workloads

Optimize reservations and provisioning capacity for

• Instances
• Databases (NoSQL, SQL)
• Data Warehouse
• In-memory DBs
• Search DBs
• Other resources e.g. AWS Glue

Advance Optimization include but not limited to

• API Endpoints usage
• Data Transfer analysis
• Storage Tiering & Optimization
• Private Pricing Tier
• License Optimization