Cloud computing has revolutionized how businesses operate, but it has also introduced a new challenge: managing costs. This is especially true with the rise of AI and large language models (LLMs), which can quickly rack up expenses.
That’s why we recently hosted a webinar focused on Transformative FinOps for Modern Workloads. We brought together industry experts to share actionable insights on how to optimize cloud spending, tackle inefficiencies, and maximize ROI.
🎥 Missed the live session? Watch the webinar replay here: Click below to gain insights from our expert panel and start transforming your cloud cost management today.
Meet Our Esteemed Speakers
Moderator
Gautham Pallapa, Ph. D. Senior Vice President | Cloud, Data, and AI
Dr. Pallapa is the Senior Vice President of Cloud, Data, and AI at Innominds. With over 25 years of experience in enterprise transformations, he is an award-winning author of “Leading with Empathy” and a globally recognized thought leader in DevOps, DataOps, Cloud, and AI/ML.
Panelists
Kshitij Kumar Chief Data and AI Officer | DataHat AI
KK is a globally recognized leader in data and AI. As Chief Data and AI Officer at datahat AI, his expertise in building robust data ecosystems, AI, machine learning, and data governance has earned him accolades as a World Top 100 Chief Data Officer and Top 100 Data Influencer.
Desmond Chan (He/Him) Co-founder and Chief Product Officer | Aquila Clouds
As Co-founder and CPO of Aquila Clouds, Desmond Chan focuses on simplifying and automating cloud and IT processes. With extensive leadership experience in product and marketing across cloud, big data, DevOps, and AI, he is committed to driving FinOps excellence.
About Aquila Clouds, Innominds, and DataHat AI
- Aquila Clouds: A global leader in Cloud Financial Management solutions, Aquila Clouds was founded in 2020 to help businesses streamline their cloud operations. Backed by ISO 27001 and SOC 2 Type 1 certifications, Aquila Clouds prioritizes secure, efficient, and innovative cloud management.
- Innominds: A digital and product engineering powerhouse with 1,800+ employees worldwide, Innominds drives success across high-tech, retail, construction, and healthcare sectors through cutting-edge technology and innovation.
- datahat AI: A trailblazer in data ecosystems, DataHat AI focuses on building robust solutions in AI, machine learning, and data governance. Led by globally recognized experts, including Kshitij Kumar, DataHat AI delivers transformative data and AI strategies that enable digital transformation across industries.
Together, Aquila Clouds, Innominds, and DataHat AI empower organizations to excel in the ever-evolving cloud and data landscape by combining expertise in cloud management, product engineering, and AI-driven insights.
The Urgency of Managing Cloud Costs
“Managing cloud costs effectively isn’t just a technical challenge, it’s a critical business imperative.”
Cloud adoption has skyrocketed, but inefficiencies like over-provisioned resources, unused storage, and fragmented billing structures are leading to significant cost overruns.
For instance, one company spent $500,000 per month over six months due to a lack of visibility into its cloud storage usage. Such examples highlight the necessity of strategic cloud financial management to avoid waste and improve ROI.
Expert Insights from the Webinar
During the session, our expert panel shared actionable strategies for cloud cost optimization:
- Desmond Chan outlined how Aquila Clouds enables businesses to leverage FinOps to reduce waste, improve visibility, and maximize value across cloud and AI platforms.
- Kshitij Kumar (KK) highlighted how AI-driven insights can streamline cloud management, ensuring businesses stay agile while controlling costs.
- Dr. Gautham Pallapa emphasized the importance of aligning FinOps practices with business outcomes, fostering collaboration between finance, IT, and operations teams.
Common Pitfalls in Cloud Cost Management
- Relying on Outdated Spreadsheets: Static tools provide limited visibility, leading to poor decision-making.
- Short-Term Fixes with Long-Term Costs: Adopting quick solutions without strategic planning can create hidden challenges.
- Unmonitored Workloads: Temporary workloads often evolve into cost drains if not properly managed.
- Fragmented Ecosystems: Using multiple providers without coordination complicates management and inflates expenses.
A Holistic Approach to FinOps
Aquila Clouds advocates for a comprehensive FinOps strategy, focusing on:
- Real-Time Monitoring: Leverage AI-powered tools to track cloud usage and identify cost-saving opportunities on Cloud and AI platforms, e.g. Databricks and Kubernetes.
- Collaboration Across Teams: Align finance, IT, and operations to create a unified approach to cloud spending.
- Sustainability Goals: Optimize costs while reducing the carbon footprint of cloud operations.
What’s in It for You?
For Managed Service Providers (MSPs):
- Streamlined multi-cloud billing management for improved accuracy.
- Enhanced visibility into client-specific cloud usage, helping MSPs build trust and transparency.
- Tools to automate repetitive tasks, freeing up time to focus on customer service.
For Cloud Resellers:
- Simplified billing reconciliation across multiple clients and vendors.
- AI-driven insights to identify upselling opportunities with existing customers.
- Improved profit margins through efficient resource allocation and usage tracking.
For Enterprises Using Clouds:
- Centralized cloud cost management across departments and projects.
- Predictive analytics for accurate budgeting and forecasting.
- Cost-saving recommendations without compromising innovation and agility.
How Aquila Clouds Benefits Key Roles
CFOs:
- Accurate financial reporting and cloud cost allocation for better decision-making.
- Automated workflows that reduce manual errors and improve operational efficiency.
CEOs & Business Leaders:
- Assurance of cloud financial accountability and operational excellence.
- Insights to make data-driven decisions that align with business growth goals.
IT Leaders & FinOps Teams:
- Real-time cloud cost monitoring and alerts to prevent budget overruns
- Collaboration tools to align financial and operational priorities seamlessly.
Welcome to an Eye-Opening Discussion
Cloud computing has revolutionized how businesses operate, but it has also introduced a new challenge: managing costs. This is especially true with the rise of AI and large language models (LLMs), which can quickly rack up expenses.
That’s why we recently hosted a webinar focused on Transformative FinOps for Modern Workloads. We brought together industry experts to share actionable insights on how to optimize cloud spending, tackle inefficiencies, and maximize ROI.
🎥 Missed the live session? Watch the webinar replay here: Click below to gain insights from our expert panel and start transforming your cloud cost management today.
Meet Our Esteemed Speakers
Moderator
Gautham Pallapa, Ph. D. Senior Vice President | Cloud, Data, and AI
Dr. Pallapa is the Senior Vice President of Cloud, Data, and AI at Innominds. With over 25 years of experience in enterprise transformations, he is an award-winning author of “Leading with Empathy” and a globally recognized thought leader in DevOps, DataOps, Cloud, and AI/ML.
Panelists
Kshitij Kumar Chief Data and AI Officer | DataHat AI
KK is a globally recognized leader in data and AI. As Chief Data and AI Officer at datahat AI, his expertise in building robust data ecosystems, AI, machine learning, and data governance has earned him accolades as a World Top 100 Chief Data Officer and Top 100 Data Influencer.
Desmond Chan (He/Him) Co-founder and Chief Product Officer | Aquila Clouds
As Co-founder and CPO of Aquila Clouds, Desmond Chan focuses on simplifying and automating cloud and IT processes. With extensive leadership experience in product and marketing across cloud, big data, DevOps, and AI, he is committed to driving FinOps excellence.
About Aquila Clouds, Innominds, and DataHat AI
- Aquila Clouds: A global leader in Cloud Financial Management solutions, Aquila Clouds was founded in 2020 to help businesses streamline their cloud operations. Backed by ISO 27001 and SOC 2 Type 1 certifications, Aquila Clouds prioritizes secure, efficient, and innovative cloud management.
- Innominds: A digital and product engineering powerhouse with 1,800+ employees worldwide, Innominds drives success across high-tech, retail, construction, and healthcare sectors through cutting-edge technology and innovation.
- datahat AI: A trailblazer in data ecosystems, DataHat AI focuses on building robust solutions in AI, machine learning, and data governance. Led by globally recognized experts, including Kshitij Kumar, DataHat AI delivers transformative data and AI strategies that enable digital transformation across industries.
The Urgency of Managing Cloud Costs
“Managing cloud costs effectively isn’t just a technical challenge, it’s a critical business imperative.”
Cloud adoption has skyrocketed, but inefficiencies like over-provisioned resources, unused storage, and fragmented billing structures are leading to significant cost overruns.
For instance, one company spent $500,000 per month over six months due to a lack of visibility into its cloud storage usage. Such examples highlight the necessity of strategic cloud financial management to avoid waste and improve ROI.
Expert Insights from the Webinar
During the session, our expert panel shared actionable strategies for cloud cost optimization:
- Desmond Chan outlined how Aquila Clouds enables businesses to leverage FinOps to reduce waste, improve visibility, and maximize value across cloud and AI platforms.
- Kshitij Kumar (KK) highlighted how AI-driven insights can streamline cloud management, ensuring businesses stay agile while controlling costs.
- Dr. Gautham Pallapa emphasized the importance of aligning FinOps practices with business outcomes, fostering collaboration between finance, IT, and operations teams.
Common Pitfalls in Cloud Cost Management
- Relying on Outdated Spreadsheets: Static tools provide limited visibility, leading to poor decision-making.
- Short-Term Fixes with Long-Term Costs: Adopting quick solutions without strategic planning can create hidden challenges.
- Unmonitored Workloads: Temporary workloads often evolve into cost drains if not properly managed.
- Fragmented Ecosystems: Using multiple providers without coordination complicates management and inflates expenses.
A Holistic Approach to FinOps
Aquila Clouds advocates for a comprehensive FinOps strategy, focusing on:
- Real-Time Monitoring: Leverage AI-powered tools to track cloud usage and identify cost-saving opportunities on Cloud and AI platforms, e.g. Databricks and Kubernetes.
- Collaboration Across Teams: Align finance, IT, and operations to create a unified approach to cloud spending.
- Sustainability Goals: Optimize costs while reducing the carbon footprint of cloud operations.
What’s in It for You?
For Managed Service Providers (MSPs):
- Streamlined multi-cloud billing management for improved accuracy.
- Enhanced visibility into client-specific cloud usage, helping MSPs build trust and transparency.
- Tools to automate repetitive tasks, freeing up time to focus on customer service.
For Cloud Resellers:
- Simplified billing reconciliation across multiple clients and vendors.
- AI-driven insights to identify upselling opportunities with existing customers.
- Improved profit margins through efficient resource allocation and usage tracking.
For Enterprises Using Clouds:
- Centralized cloud cost management across departments and projects.
- Predictive analytics for accurate budgeting and forecasting.
- Cost-saving recommendations without compromising innovation and agility.
How Aquila Clouds Benefits Key Roles
CTOs & CIOs:
- Visibility into IT spending aligned with business outcomes.
- Tools to optimize infrastructure without impacting performance.
CEOs & Business Leaders:
- Assurance of cloud financial accountability and operational excellence.
- Insights to make data-driven decisions that align with business growth goals.
IT Leaders & FinOps Teams:
- Real-time cloud cost monitoring and alerts to prevent budget overruns
- Collaboration tools to align financial and operational priorities seamlessly.
Key Takeaways: Transforming Cloud Costs into Value
- Predictive Planning: Use AI to forecast future resource needs and avoid over-provisioning.
- Balancing Optimization with Innovation: Enable cost savings while maintaining agility to adapt to business demands.
- Empowering Teams with Data Literacy: Equip finance and IT teams to interpret cloud data effectively for smarter decision-making.
Partner with Aquila Clouds Today
Are you ready to stop bleeding money in the cloud? Let Aquila Clouds transform your cloud financial management and help you optimize your cloud spending.
👉 Schedule a Meeting or Book a Demo Today!
