FinOps Platform

FinOps Platform that integrates and manages resources/costs of Hybrid/Multi-Cloud

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Integrated functions for optimized cloud operation

Enterprise customers are facing difficulties using the cloud due to the increasing complexity of management for various cloud uses, surging resources/costs, lack of cloud specialized technologies and more. Through our ‘Cloud in One’ FinOps platform, Samsung SDS offers an integrated service essential for cloud operation, from cost management to resource management.

FinOps Process

Continuous cloud efficiency is achieved through ‘Real time information sharing + resource/cost optimization + immediate execution’ between various role players.

Benefits

Applying standard FinOps policy and process
Measure and manage cloud resources and costs through the FinOps platform.

The iterative phases of FinOps process, inform → optimize → operate optimizes the utilization of cloud resources.
Provision of integrated view on hybrid cloud resource/ cost
Various resources, cost of public/private cloud and the trend can be checked on the integrated dashboard at one glance.

Users can customize their own dashboard by choosing widgets according to their own needs.
Various cost reduction and resource optimization strategies
By analyzing resource usage patterns and requirements, Samsung SDS recommends the most efficient cost-reduction strategy. Simulating cost reduction opportunities also accelerate the decision-making process.

In line with the FinOps policy, Samsung SDS offers cost optimization measures unique to Cloud in One as opposed to employing aggressive cost cutting.
SR/SLA management based on contract information

Check the status and results of service request by processing customer SR on MSP integrated operations platform.

SLA management standard is established based on the managed contract information by account and a monthly report made up of SLA performance and assessment is provided as well.
* SR : Service Request
SLA : Service Level Agreement

Major Services

FinOps policy and indicators management
It offers the functions to set the policy and manage indicators in order to effectively manage cost reducing activities and efficiently use cloud resources.
Cost optimization recommendation and performance management
It makes recommendations after estimating discounts that users can make through the discount program, such as Reservations or Savings Plans. To maximize cost reduction, it continuously follows up how effectively users utilize the contracted resources that they have purchased.
Detecting cost anomaly using AI
Using usage-prediction techniques, an alert is triggered and sent to resource administrator whenever there is a significant increase in cloud expenses.
Providing optimal recommendations using AI
Estimate and recommend optimal resource usage by looking into past usage data, thereby minimizing resource rightsizing.
Managing resources/costs using tags
Managing resources/costs is done in a more flexible manner compared to customer company using public accounts by sharing CSP accounts in various projects.

Video

Meet Cloud in One, Samsung SDS’s FinOps Platform

In the cloud environment, Changes of a paradigm different from the existing ones for optimized management and operation is needed. Check out the innovative FinOps platform services provided by Cloud in One.

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Use Cases

Samsung Cloud in One

Integrated cost/resource management through Cloud in One
We recommend and execute cost/resource optimization by providing our collaboration platform, Cloud in One in order to settle FinOps.

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Achievement on continuous efficiencies in cloud costs
Through changing and innovating the process based on real-time information sharing, resource & cost optimization, and immediate operation, it can continuously make cloud cost more efficient.

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