NexQloud Knowledge Base

Implementing FinOps can be complex. Nexqloud provides the tools, expertise, and framework to make it actionable. Our approach is built on five key pillars:

• Accountability & Enablement: We help you establish a cross-functional FinOps team and define clear roles and responsibilities for engineers, finance, and leadership.‍
• Measurement & Realization: Go beyond tracking costs. We help you define and track unit economic metrics (e.g., cost per user, cost per transaction) that link cloud spend directly to business value.‍
• Cost Optimization: We provide a continuous methodology focusing on:‍
  
  • Resource Optimization: Right-sizing, automating start/stop schedules.‍
  • Pricing Optimization: Leveraging committed use discounts and spot instances.‍
  • Architecture Optimization: Recommending more cost-effective services (e.g., serverless).

• Planning & Forecasting: Shift from static annual budgets to agile forecasting based on business metrics and usage trends, improving forecast accuracy.‍
• Tools & Automation: Our native cost management tools give you the granular visibility and automation needed to implement FinOps practices effectively.

‍