With the FinOps model for financial management in the cloud, companies can optimize their costs, increase security and make IT operations more The research conducted by Reply “Cloud Governance: Focus on FinOps” confirms that the increasing investments in cloud computing are usually followed by an increase in the adoption of governance models. These enable the governance of architectural or security aspects of the cloud and the optimization of costs with the emerging FinOps methodology.
Unlike the more traditional IT Operations Management Market, FinOps is a fast-growing segment that responds to companies ‘ need for a more sophisticated strategic analysis of cloud cost models. FinOps introduces processes, tools, and best practices that enable organizations to optimize spending while maximizing benefits.
According to projections by Reply in collaboration with PAC (Teknowlogy Group), Investments in IT and cloud activities in the Big – 6 country cluster (USA, China, UK, Germany, France, India) will grow from 37 to 54 billion euros by 2026, driven by the FinOps segment that will triple in value. The size of traditional data center management will decrease by almost 60 percent, while the management of cloud services will double.
The Rising-6 cluster (Italy, the Netherlands, Brazil, Belgium, Poland, Romania) will experience a similar trend: a drop of almost 30% in traditional IT Operations and an increase in investments in Cloud Operations and DevOps solutions, which by 2026 will increase by almost 2.5 and 4 times, respectively, exceeding the thresholds of 3 billion euros and 1.5 billion euros.
In the UK, the total market for IT and cloud operations is expected to be worth 3.5 billion euros, in which cloud operations (2.4 billion euros) has a large share. FinOps solutions will grow to 731 million euros in 2026.
In addition to cost optimization, good cloud management makes it possible to increase IT security and make a company’s IT activities more sustainable.
“In a world that is increasingly interconnected and where the cloud is central, the introduction of cloud computing is not a stand-alone project, but a project that must be integrated into the company’S DNA. Cost optimization, sustainability, security and flexibility are just some of the advantages of cloud computing that make it almost a must for all companies that want to be flexible and sustainable. Opting for the FinOps methodology is a first step in that direction, as it involves optimizing the operations and then shrinking the infrastructure” commented Filippo Rizzante, CTO at Reply.
Reply [EXM, STAR: REY] specializes in designing and implementing solutions based on new communication channels and digital media. As a network of highly specialized companies, Reply defines and develops business models that are made possible by the new models of AI, big data, cloud computing, Digital media and the internet of things. Reply provides consulting, system integration and digital services to organizations in the telecom and media, industry and services, banking and insurance, and public sectors.
