Cloud financial operations (FinOps) and partnerships with managed service providers (MSPs) are driving cloud transformation in India. With the growing digital economy and changing customer demands, organizations are increasingly turning to the cloud to deliver an agile and flexible technology platform to fuel innovation and provide better customer experiences. As cloud adoption matures within organizations, they must balance committed spend with agility to maximize their return on investment while maintaining the agility they need. This is where FinOps comes in, which unites business strategy with enterprise-wide accountability to manage and optimize cloud spends.
The article also discusses the role of automation in optimizing security, cost management, compliance, and resource utilization. The Indian public cloud service market is expected to be worth $13 billion by 2026, according to an IDC report. The goal of cloud migration or adoption initiatives is to fuel digital transformation by leveraging cloud technologies to innovate and provide better experiences to customers. Cloud-native application platforms like serverless microservices enable IT staff to focus on developing new applications or other business outcome-focused activities instead of just maintaining and managing infrastructure. By moving away from managing technology and towards innovation through technology, organizations can become more agile and better equipped to respond to changing customer demands and market trends.
Automation is becoming increasingly important in cloud environments, as organizations seek to improve efficiency, reduce costs, and enhance security. By automating routine tasks, organizations can free up IT staff to focus on more strategic activities, such as innovation and application development. In addition, automation can help organizations to continually improve security, cost management, resource utilization, and compliance, while simultaneously creating multiple benefits whenever possible. This is why many organizations are seeking to develop programs and utilize tools that enable them to automate key processes and optimize their cloud environments.