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FinOps with hands on the buttons

Imagine this: you run a restaurant. Cooking is your passion, you work with the best ingredients, experiment with high-class recipes and guests are at your door in droves. But one day your bank account is empty. How could that be? Maybe you spent too much on exotic truffles and the latest kitchen equipment without looking at the cost? In the world of IT and databases, this can also happen: you invest in the best technology and infrastructure, but without proper cost management, expenses can get out of control. This is where FinOps Fiona and Database Bob come in.

Edco Wallet

Co-Founder & eigenaar
Edco Wallet - Co-Founder & eigenaar
FinOps met handjes aan de knoppen

FinOps Fiona provides real-time visibility into your expenses

FinOps Fiona is your restaurant’s smart, charming but strict accountant. Fiona likes to play with numbers, but most of all makes sure your restaurant makes a profit without you losing the joy of cooking. Fiona gives you real-time insights into your expenses. For example, she tells you how much you’re spending on those fancy truffles and helps you decide if they’re really worth it: “Hey, those truffles are super tasty, but maybe you could use them a little more sparingly? Or, ‘That expensive oven is great, but do you use it enough to justify the cost?’

FinOps in the world of cloud and IT

In the world of cloud and IT, FinOps is like Fiona, but for companies that have their technology running in the cloud. The cloud is flexible and you only pay for what you use. But just like the restaurant, costs can get completely out of whack if you’re not careful. FinOps makes sure you stay in control of your cloud spending, without sacrificing innovation and speed.

FinOps combines technology and teamwork

FinOps combines technology and teamwork. The DevOps team (the cooks in the kitchen) wants to work quickly and efficiently, try new dishes and deliver the best service. The Finance team (the accountants) wants to avoid wasting money. Management (the restaurant owner) wants the business to grow and prosper. FinOps lets all these groups work together to balance cost, speed and quality.

Database Bob, the master of coin

But there’s more! Imagine that in your restaurant you have a chef named Bob. Bob is a master at preparing the most delectable dishes, but he’s also a whizzkid when it comes to kitchen equipment. He knows exactly how to use that expensive oven to its fullest potential, so that every Beef Wellington comes out perfect, without spending a penny too much on energy. Even in the database world, you need an expert like this who has his hands on the controls to ensure savings. This Database Bob knows all the ins and outs of your database systems. He knows exactly where the hidden costs are and how to reduce them without compromising performance.

Smart data storage

Take data storage, for example. Many companies store all their data without giving it much thought, like the spices that have been sitting unused in your rack for years. Database Bob looks at this mountain of data and says, ‘Hmmm, we hardly ever use these old files. Why keep them in the most expensive storage places?’ He moves these files to a cheaper, but still accessible place, similar to moving rare-use ingredients to the top shelf.

Optimization and tuning of databases

In addition, Database Bob ensures that your database runs smoothly and efficiently. Constantly preheating your oven for each dish takes time and energy. Bob optimizes your database so it’s constantly running at the right temperature, ready for every order. This means less energy consumption and faster processing times. In technical terms, this is called database tuning and optimization. He makes sure that queries run faster, storage is used smarter, and resources are used exactly where they are needed.

Smart back-ups

So do you still have the backups? Everyone wants to be prepared for the unexpected, but backups can be expensive. Database Bob is getting to work and ensuring that your backups are made wisely: not too often and not too seldom, but just enough to save costs while keeping you safe. He also implements encryption so that your data is secure without the extra costs of expensive security software.

FinOps Fiona  and Database Bob: a dynamic duo

While you’re creating masterpiece after masterpiece in your restaurant, FinOps Fiona keeps an eye on your costs, and Database Bob ensures everything runs efficiently and cost-effectively behind the scenes. They form a dynamic and successful duo, always ready to keep your IT environment in top shape. Thanks to FinOps Fiona and Database Bob, you can cook with peace of mind, knowing that your kitchen— or in this case, your cloud and database environment— is functioning optimally and costing you no more than necessary.

Want to know more?

Do you also want more insight into your cloud costs and find concrete optimization and savings, and put this into practice? Feel free to get in touch; we’re here to help!