HCLTech FinOps
HCLTech FinOps, powered by its own IP platform, MyXalytics, offers a self-learning AI-based platform with a practitioner-led approach. It proposes a collaborative operating model that combines systems, cultural shift, and best practices to enable enterprises in taking measured decisions with the aim of optimizing cloud spend while maintaining the velocity. The solutions suite does not rely on a one-size-fits-all approach but instead, believes in taking an insight-driven approach to customize the solutions to resolve the primary cause of the inflated cloud bills and suboptimal capacity utilization. HCLTech is also precisely aligned to help organizations transform digitally. The process not only creates opportunities for the businesses to increase collaboration with their IT operations teams, but also builds strategies to start improving capacity optimization.
What was once a fixed cost, is now changing to a variable cost with the onset of cloud. Today, many enterprises are failing to manage their cloud expenses and ending up spending more than their estimates. To address this challenge, HCLTech FinOps offers a one-stop solution to manage, optimize, and plan future cloud costs, regardless of any cloud service provider, while innovating and scaling to take advantage of new business opportunities and delivering additional business values.
HCLTech is a premier consulting partner and managed service partner for Amazon Web Services (AWS), Microsoft Azure, and Google Cloud. Its skills and expertise in delivering cloud-based products help enterprises plan for digital transformation and embark on a cloud native journey.
3 Stages of HCLTech FinOps
Real-time granular visibility of cloud cost and allocation to assist in making informed decisions
Appropriate allocation of cloud resources to facilitate accurate show-back and chargeback
Effective budget tracking and plans to drive ROI while concurrently avoiding overspend
Accurate forecasting to prevent financial blows
Empowers teams with deep insights to improve processes
Transition from on-demand capacity into reserved instances
Rightsizing and reducing waste, such as orphaned resources and unused instances and storage
Utilizing automation tools that improve your application’s efficiency and performance while reducing cloud spend
Define governance policies that provide continuity and structure
Enables enterprises to draw maximum mileage through cultural changes, continuous improvement, and defined controls for cloud usage
Implement a reliable monitoring solution that creates real-time shareable reports
Bring together people, processes, technology, and automation needed to improve efficiency and innovation
We ensure
Consultative approach
Dedicated FinOps practitioner to implement FinOps methodologies and best practices
Cloud visibility
Granular visibility into each account across all public cloud subscriptions by services, regions, and resource tags
Optimization and allocation
Prevent cost leaks and inaccurate resource planning with appropriate recommendations, spot instance advisor, tagging strategy, and rightsizing
Cloud automation
Minimize human effort and improve efficiency by adhering to foundation policies
Governance and reporting
Enable easy governance and customized reporting to continuously improve and regain control over cloud environment
Health and compliance
Ensure end-to-end security best practices, performance optimization, and fault tolerance
What sets us apart
Cloud visibility
Granular-level visibility by grill-down and deep-dive capabilities across multi-account and multi-cloud views
Knowledge performance indicators
Persona-based scorecard, KPIs, and views
As-a-service
Follows a consultative approach by commissioning dedicated FinOps practitioners
Tag-based cost allocation
Allows to create custom-tagging conventions and supports automated tagging
Optimize cloud purchase
Provides strategies to optimize your cloud purchasing through CSP programs
Compliance checks and alerts
Enable alerts to check various security compliances, like Health Insurance Portability and Accountability Act (HIPAA), Payment Card Industry (PCI), National Institute of Standards and Technology (NIST), International Organization for Standardization (ISO), General Data Protection Regulation (GDPR), Computer Information Systems (CIS)
HCLTech FinOps service offering – dedicated practitioner
Dedicated named cloud cost optimization expert resources driven by outcomes and defined by SLAs.
Provide actionable insights—technical and non-technical—based on the consumption trends and reports
Quarterly cost optimization reviews and recommendations
Proactive guidance and advocacy on implementing best practices and realizing savings on cloud
Regular assessment of your cloud environment to identify opportunities to optimize performance and save costs
Cloud partners that we support
