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Knowledge Base
Tangible Benefits of Adopting FinOps with Nexqloud

Tangible Benefits of Adopting FinOps with Nexqloud

  • Maximized Business Value: Align cloud investments directly with product goals and revenue, ensuring spending drives growth.
  • Increased Engineering Velocity: Empower developers with cost data, allowing them to innovate faster while making economically sound architectural choices.
  • Significant Cost Savings: A structured FinOps practice typically identifies 20-40% in savings through the elimination of waste and optimized resource usage.
  • Enhanced Cross-Team Collaboration: Break down silos between finance and engineering, fostering a culture of shared goals and mutual understanding.
  • Improved Forecasting and Budgeting: Achieve greater predictability and control over cloud spending, making financial planning more accurate.