Cloud Financial Management on AWS (also known as CFM or FinOps) refers to the practices and tools used to optimize and manage costs in the cloud environment. It involves monitoring and analyzing cloud usage, identifying cost-saving opportunities, setting budgets, and implementing cost-control measures. With AWS cloud cost management tools, organizations can gain greater visibility, transparency, and control over their cloud spending, helping them to optimize costs, forecast better, increase efficiency, and improve their overall cloud ROI.
Managing cloud costs can be challenging. AWS offers a range of tools and services that enable organizations to enhance their capability and business value through efficient management of AWS costs and workloads. T-Systems’ experts can assist you with Cloud Financial Management or FinOps strategy in various business-critical domains, such as: