The main public clouds used in Brazil are Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform (GCP). These platforms dominate the market due to their robustness and advanced generative AI, DevOps and cybersecurity capabilities. However, this choice for operations can be costly because the costs are in US dollars.
Public clouds: a look at costs
The continuous growth of public clouds and the opportunity to improve processes are current realities for organisations.
A recent Gartner study predicts that global spending on public cloud services will reach $482 billion in 2024, a significant increase from $313 billion in 2020.
However, this growth brings challenges: IDC reports that by 2025, around 80 per cent of companies will have exceeded their cloud budgets due to a lack of visibility and control over their spending.
This reality represents a significant challenge, especially in the face of exchange rate volatility and the unpredictability of the US dollar, which makes it impossible for companies to plan their finances effectively.
Re-evaluating the use of the public cloud doesn’t mean abandoning it
Despite currency challenges, public clouds offer flexibility, scalability, high performance and compliance with global security and innovation standards.
That’s why adopting a strategic and financially sustainable approach, such as FinOps, is essential.
This practice aims to optimise spending and minimise the impact of dollar volatility, making financial management more efficient and allowing companies to enjoy the benefits of the public cloud without compromising their finances.
FinOps: financially sustainable and highly efficient
The benefits of FinOps in the public cloud include the ability to:
1- Make informed decisions about where and how to reduce costs;
2- Adjust the size of the contracted server;
3- Maintain the required disc speed;
4- Identify points for improvement in applications;
5- Optimising databases and identifying bottlenecks.
These practices not only optimise costs, but also maintain the high performance of the infrastructure as a whole.
Smart cloud management is with Wevy!
Wevy offers a team specialised in FinOps to help balance the cloud process and create opportunities for sustainable growth within different types of business.
A strategic partnership that aims to guarantee predictability, control over your costs and, of course, continuous innovation at your side. Don’t waste time and talk to the expert now!
