CloudEnomics™, a consultancy company specialising in FinOps, has signed a partnership agreement with Neos Ltd., a FinOps certified service provider with a joint mission to help enterprises manage cloud spend via the adoption of FinOps best practices.

Both companies help their clients assess, migrate, manage and optimize their cloud environments. By partnering together and exchanging knowledge and experience, they will up their game in assisting clients to achieve maximum value and innovation from cloud technologies while optimising their cloud costs.

Gartner predicts that through 2024, 60% of infrastructure and operations (I&O) leaders will encounter public cloud cost overruns that negatively impact their on-premises budgets. (Source: Gartner)

Joined in the common goal to enable their customers to smartly and efficiently manage their cloud expenditure, CloudEnomics brings their expertise in FinOps, cloud economics, security and sustainability, Neos brings extensive Cloud expertise and strong connections to the FinOps community and tops it all up with own SaaS for multicloud cost management and automation based on FinOps principles – CloudVane.

“Working with CloudVane will enable us to broaden our reach to include Oracle Cloud Infrastructure (OCI), which has gained significant momentum in recent months. All customer organisations are looking at how they can optimise their public cloud spend in the current challenging business environment, while at the same time establishing a professional FinOps practice,” said Richard Stinton, FinOps Practitioner at CloudEnomics.

“Finding and partnering with likeminded FinOps enthusiasts is a significant asset,” says Dean Misic, CloudVane’s Product Manager. “I’m looking forward to bouncing ideas off of them and finding new solutions to cloud cost optimisation issues.”