target audience: TECH SUPPLIER Publication date: May 2023 - Document type: Market Note - Doc Document number: # US50646123
SoftwareOne Offers a Unique Approach to FinOps Services
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Abstract
This IDC Market Note covers SoftwareOne's North American summit held April 24 and 25, 2023, in Milwaukee, Wisconsin. Companies should consider a third-party partner, like SoftwareOne, to implement or mature their FinOps teams. Investing in people, training, and developing FinOps processes/metrics are crucial to success. Selecting a single-source-of-truth cloud cost tool to enable the FinOps team is an important step too. A partner that can implement, and train users on, multiple cloud cost tools ensures a company selects the right tool. In addition, following the five Cs of FinOps can lead to a competent FinOps team.