17
July 2024
Beyond Variable Costs: Integrating Fixed Cost Pricing in Cloud FinOps Strategies
In the rapidly evolving landscape of cloud computing, driven by the need to operate cloud infrastructure more efficiently, enterprises are increasingly taking a more methodical and tools-driven approach to operations with the intent of maximizing the value of their investment – the set of practices and processes that has become known as FinOps. From its inception, FinOps has been inextricably connected with solving the issues that arise with the variable cost model of the public cloud. This webinar and roundtable discussion, brought to you by 451 Research and OpenMetal.io, offers a unique perspective on the value of integrating fixed cost pricing models within your FinOps framework.
The webinar will be led by Liam Eagle from 451 Research. Liam Eagle will provide the latest insights and trends from the most recent FinOps survey conducted by 451 Research. The panel, composed of executives Todd Robinson and Raymond Meyers from OpenMetal.io, Anirudh Murali from Economize, and Erik Norman from Caligo S.r.l., will then discuss how fixed cost pricing as implemented via private cloud IaaS brings value to the overall FinOps strategy.
Some key points that will be discussed:
- Understanding Fixed Cost Pricing: We will start by demystifying the concept of fixed cost pricing in the context of cloud infrastructure, contrasting it with variable pricing models, and highlighting its unique benefits for specific workloads.
- Strategic Alignment with FinOps Principles: Discover how fixed cost pricing aligns with the core principles of FinOps, promoting cost predictability, accountability, and operational efficiency.
- Real-World Applications: A case study where OpenMetal’s private cloud-based fixed cost pricing model drove significant cost savings and enhanced budgetary control.
This webinar and discussion are designed to help inform CIOs, CFOs, IT financial managers, and cloud architects about the transformative benefits of mapping out a fixed cost approach for appropriate cloud services and workloads, especially by using private cloud as a part of their hybrid cloud model. Join us to unlock the potential of predictable pricing in managing your cloud infrastructure costs effectively!
Liam Eagle
Liam Eagle is a Research Manager, VotE Cloud, Hosting and Managed Services. His research examines web and application hosting, managed hosting and cloud infrastructure. His research focuses in part on the adaptation of traditional hosting technologies and models to accommodate emerging needs. These include web presence SaaS, the focus on web professionals and the channel market for cloud infrastructure.
Todd Robinson
Todd Robinson is the President and the leader of the founding team of OpenMetal. Todd sets the strategic vision of the company, drives the product development of OpenMetal IaaS, and focuses on ensuring consistent growth. Todd also serves as an open source advocate and ambassador for on-going usage of OpenStack, Ceph and other key open technologies in modern IT infrastructure. The innovation around OpenMetal Cloud aims to bridge the gap between public and private cloud advantages, offering dynamic scaling and efficient resource management.
Todd is a broadly experienced and hands-on technology engineer with a proven 25+ year track record of launching and building successful hosting and technology service companies that include InMotion Hosting, BoldGrid, Web Hosting Hub, and now OpenMetal.
Todd has authored several industry-acknowledged thought leadership pieces highlighting the cost-efficiency and strategic benefits of private clouds over public clouds. In these articles, he argues that while public clouds may appear cost-effective for smaller workloads, larger deployments often benefit significantly from the resource efficiencies and long-term savings offered by private clouds.
He holds a degree from Michigan Technological University and has a deep background in IT and cloud services, driving OpenMetal’s mission to make advanced cloud technology accessible and manageable for organizations of all sizes.
Raymond Meyers
Raymond Meyers is a prominent leader at OpenMetal, where he plays a crucial role in financial strategy and operations. With a robust background in finance and business innovation, Raymond brings over two decades of experience in transforming technology companies. Before his tenure at OpenMetal, he co-founded and successfully led several Internet and software ventures.
Raymond’s expertise extends to developing and implementing financial strategies that support OpenMetal’s mission to democratize access to private cloud infrastructure. He has been instrumental in promoting the use of open-source technologies such as OpenStack and Ceph, enabling businesses of all sizes to leverage high-performance, cost-effective cloud solutions.
His contributions to OpenMetal include optimizing the financial frameworks that support the company’s rapid deployment and scalability of private cloud environments. Raymond’s leadership ensures that OpenMetal can meet the increasing demand for agile, secure, and efficient cloud solutions. He holds a degree from Rutgers University, further underpinning his extensive knowledge and strategic approach in the technology and finance sectors.
Anirudh Murali
Anirudh Murali is the Co-Founder and CEO of Economize, a pioneering cloud financial management platform. With a strong background in cloud cost optimization and financial operations, Anirudh has led Economize to become a key player in the cloud industry. Before founding Economize, he held significant roles at various tech companies, enhancing his expertise in cloud infrastructure and financial strategy.
Anirudh is an advocate for efficient cloud resource management, frequently sharing insights on optimizing cloud costs for major platforms like AWS, GCP, and Azure. His leadership at Economize focuses on delivering innovative solutions that simplify cloud cost management for businesses worldwide. Anirudh’s vision is to provide clear, actionable insights into cloud spending, helping organizations optimize their cloud investments and achieve financial efficiency.
Anirudh holds a degree in Computer Science and Engineering, and is a FinOps Certified Practitioner both of which underpin his deep technical understanding and strategic approach to cloud financial management. His work has been recognized at various industry events, including TechCrunch Disrupt, where Economize was showcased for its groundbreaking contributions to cloud cost management.
Erik Norman
Erik is a seasoned cloud solutions expert, certified FinOps consultant, and tech mentor with over 15 years of experience in the software industry. As the founder and CEO of Caligo s.r.l., Erik has been at the forefront of driving digital transformation for clients. Specializing in FinOps, they have successfully helped numerous customers optimize their financial operations, ensuring cost efficiency and automation in cloud migration and management. Their expertise in fostering cross-departmental collaboration and aligning financial strategies with business goals has made them a trusted advisor and leader in the field.
Engage With Us
Test Drive a Cloud
Get a limited-time free trial to an on-demand hosted private cloud. Business email required. Other eligibility requirements apply.
Connect With Our Team
Our team is standing by to assist you with any questions you have about how our on-demand cloud platform can help your business.