FinOps
Cloud Financial Management
Strategic Overview
The cloud promised flexibility, but for many enterprises, it delivered unpredictability. NEYD's FinOps practice exists to bring financial accountability to the variable spend model of the cloud. We believe that every engineering decision is a buying decision. Our goal is not just to cut costs, but to maximize the business value of every dollar spent on infrastructure.
We implement rigorous cost allocation strategies, ensuring that every resource is tagged and attributable to a specific product, team, or cost center. This visibility enables 'Showback' and 'Chargeback' models that drive responsible consumption behavior among engineering teams. We help you move from a model of 'spend what you need' to 'need what you spend'.
Our experts continuously analyze your utilization patterns to recommend strategic rate optimizations - leveraging Reserved Instances, Savings Plans, and Spot Fleets to reduce unit costs without sacrificing performance. We also automate the cleanup of waste, identifying orphaned volumes and idle load balancers that silently drain your budget.
Cost Allocation
Accurate tagging strategies and showback/chargeback models to drive accountability.
Rate Optimization
Strategic management of Reserved Instances, Savings Plans, and Enterprise Agreements.
Waste Reduction
Automated scripts to identify and cleanup orphaned storage, idle instances, and unused IPs.
Unit Economics
Measuring cloud cost per customer transaction to understand true margin impacts.
Our Process
We follow a six-step process
Assessment
Comprehensive analysis of your cloud spending patterns, resource utilization, and financial workflows. We identify cost optimization opportunities and develop strategic FinOps roadmaps aligned with your business growth objectives.
Governance
Design and implement robust cost governance policies with automated budget controls, approval workflows, and resource tagging strategies. Establish accountability frameworks that scale across teams and business units.
Intelligence
Deploy advanced monitoring and analytics platforms that provide real-time visibility into cloud spending. Implement custom dashboards, anomaly detection, and predictive cost modeling for proactive financial management.
Optimization
Implement intelligent automation for resource rightsizing, reserved instance management, and idle resource cleanup. Deploy cost optimization engines that continuously monitor and adjust resources for maximum efficiency.
Multi-Cloud
Orchestrate cost management across multiple cloud providers with unified reporting and cross-cloud optimization strategies. Implement vendor management frameworks and cost allocation models for complex environments.
Excellence
Continuous optimization with regular cost reviews, trend analysis, and strategic recommendations. Our FinOps specialists provide ongoing support to ensure sustained cost efficiency as your business scales.
Operational Logistics
Engagement Details
The talents work remotely from home, at our premises in Tbilisi, Georgia, or in their local coworking spaces.
We evaluate the candidates' experience and present you with the top options for the final interview. Alternatively, you can test them on your end to ensure you make the right decision.
Talents can use their own hardware, or we can provide laptops tailored to your specific requirements. If our setup doesn't meet your needs, you can either rent hardware from us or send your own equipment to our office in Tbilisi.
Our talents are entitled to up to 24 days of paid vacation per year. Consultants and freelancers can take up to 24 days of unpaid vacation annually, meaning you only pay for the time they actually work.
Our talents are entitled to up to 40 days of paid sick leave per year, while consultants and freelancers are entitled to up to 40 days of unpaid sick leave annually. This ensures you only pay for the time worked, not for sick days.