[FCP Blog part3] OpsNow FinOps, the best FCP accredited certification solution for Korean companies
Hello, thank you for reading the OpsNow FinOps blog series.
- In the first part, we looked at the process by which OpsNow FinOps obtained FinOps Certified Platform (FCP) certification and its implications as a global standard.
- In the second part, we focused on why OpsNow FinOps is more attractive to Korean companies and talked about how it is different from global solutions.
This is the third article, which introduces the operational optimization value guaranteed by FCP certification and the domestic cases that actually implemented it. Read this article to see how OpsNow FinOps is improving cloud operations for Korean companies and accelerating digital innovation beyond cost savings.
1. FCP certification: a measure of global standards
FCP (FinOps Certified Platform) certification is a global criterion for systematically delivering cloud cost visibility, operational optimization, and resource automation. OpsNow FinOps has officially demonstrated that this certification is a trusted solution that increases overall operational efficiency. This means that beyond just "price competitiveness," it has been recognized by experts for its technological prowess and is recognized for being shoulder to shoulder in global solution and product performance.
2. Why OpsNow FinOps is optimized for Korean companies
1) Delivering optimized decisions and ready-to-react proposals
- Korean companies are characterized by a fast decision-making process and strong field execution power.
- With an intuitive UI and real-time monitoring, OpsNow FinOps helps agents optimize resources instantly and with easy, quick action.
- Tip: For companies with more authority, it's important to use tools that can analyze costs with minimal clicks and apply optimized proposals right away.
2) Korean language support & customized reporting capabilities
- Global solutions have been inconvenient for customers because technical support is mainly provided in English, or they often use overseas headquarters solutions without being localized according to domestic circumstances.
- OpsNow FinOps offers a 100% Korean language interface and customized reporting that reflects the domestic business environment and corporate culture, making internal communication and reporting easier.
- Tip: If the reporting system differs among collaborative departments, such as IT, finance and accounting teams within the enterprise, providing customized reports for each department increases collaboration efficiency.
3) Flexible support for the complex budget and account structure of domestic companies
- Domestic companies often have complex cost management structures by project, department, and account.
- OpsNow FinOps provides flexibility in many forms of budget structure, including project-driven budgets, departmental allocation, and account-specific management.
3. OpsNow FinOps 5 Real-Life Cases
Now let's take a closer look at why OpsNow FinOps is an optimized tool for domestic businesses and customer success stories.
Case 1: Reduce cloud costs and accelerate digital transformation
Case 2: Automate unused resource optimization & JIRA interworking
Case 3: Automate the deployment of White Label & cost management by task
Case 4: Securing visibility into cloud use by company/department and managing commitment risk
Case 5: AI-based anomaly cost detection prevents over-costs
Case 1: Reduce cloud costs and accelerate digital transformation
- FCP Key Factors: Cost Visibility & Optimization
- Background
- Company A saw a surge in cloud usage with the expansion of the service, and average monthly cloud costs were increasing at a rapid pace.
- The previously used global FinOps solution was difficult to achieve digital innovation and cost control at the same time because it was slow to analyze or could not provide detailed optimization measures.
OpsNow FinOps Solution
- AI-based anomaly cost detection
- It detects unexpected costs in real time, quickly identifying and responding to the cause.
- Resource Optimization Capabilities
- Automatically find an inefficient instance and suggest optimization options such as a booking instance purchase strategy.
- Domestic Enterprise Customized Analysis Report
- The cost distribution by each department and project can be grasped at a glance, supporting quick decision-making.
Result
- Average monthly savings of $45K
- 70% better resource efficiency
- Accelerate deployment and application for ROI
Case 2: Automate unused resource optimization & JIRA interworking
- FCP Key Elements: Automation & Collaboration
- Background
- Company B's unused resources used in the development and testing environment were neglected, resulting in unnecessary costs.
- I already use collaboration tools (such as JIRA), and it has been cumbersome or limited to link global FCP solutions with existing collaboration tools.
OpsNow FinOps Solution
- AI-based optimization
- It automatically detects unused resources and suggests optimization with alarms.
- Automating JIRA Interworking
- It works smoothly with collaboration tools that are widely used in Korea, so that optimization issues can be created immediately and the person in charge can check the process.
Result
- 30% reduction in cloud costs
- 50% more optimization efficiency
- Real-time collaboration dramatically increases operational efficiency
Case 3: Automate the deployment of White Label & cost management by task
- FCP Key Elements: Cost Allocation (Chargeback/Showback) & Automation
- Background
- Company C is a large organization with more than 250 projects simultaneously, making it very difficult to track the cost of each project precisely.
- In the global solution, it was difficult to properly reflect the budget structure (segmentation of projects, departments, accounts, etc.) unique to Korean companies.
OpsNow FinOps Solution
- White Label Features
- Create customized cost management systems with enterprise-specific UI/branding.
- automatic budget allocation
- Support various budget methods by project, department, and task, and increase management efficiency through automatic allocation.
Result
- 60% more work convenience
- Reduced cost consistency error rate to 0 cases
- Easily manage complex budget structures, significantly increasing practical satisfaction업무 편의성 60% 향상
Case 4: Securing visibility into cloud use by company/department and managing commitment risk
- FCP Key Factors: Cost Visibility & Forcasting
- Background
- Because each department managed cloud costs separately, there was no enterprise-wide integrated view, resulting in redundant expenditures and waste of resources.
- The Commission discount rate was applied, but the Shortfall Risk (the risk of the discount being invalidated due to the failure to exhaust the contract amount) was not well managed and losses were expected.
- Due to the low understanding of CSP's arrangement structure, excessive arrangement costs were incurred by purchasing the arrangement incorrectly.
OpsNow FinOps Solution
- Enterprise Integration Dashboard
- Monitor all departments, accounts, and projects in one screen to understand the cost flow at a glance.
- Individual view & permissions management by department
- It allows each department to see only the information they need, while centralizing overall costs.
- Contract Shortfall Forecast
- Minimize shortfall risk by predicting real-time contract burnout based on actual capacity data.
- Optimal Agreement Management
- Recommend the right arrangement for your enterprise cloud environment to prevent contract purchase risk in advance.
Result
- Establish enterprise cost control
- Significant reduction in commitment shortfall management cycles by month → days
- Significantly reduce redundancy, increasing cost efficiency by department
- Optimized Agreement Management
Case 5: AI-based anomaly cost detection prevents over-costs
- FCP Key Elements: Anomaly Detection & Real-Time Monitoring
- Background
- As the size of the enterprise grows, cloud use becomes more complex, leading to unexpected costs.
- Traditional manual analysis has taken time to detect these abnormal costs, leading to slow response.
OpsNow FinOps Solution
- Analysis of AI cost patterns & anomaly cost detection
- Learn the patterns of each account and project in real time and automatically detect anomalies.
- automatic alarm system
- In the event of abnormal costs, a notification is sent immediately and the root cause analysis process is immediately guided.
- Security Threat Response
- It even detects abnormal account access or resource use, reducing security risks at the same time.
Result
- Preventing tens of millions of won in monthly over-costs
- Improve operational stability with real-time response
- Significantly reduce the risk of security breaches
Conclusion: FCP Certified OpsNow: High Efficiency and Reliability
OpsNow FinOps has demonstrated that it meets global standards in cloud cost management through FCP certification. It also provides value beyond cost savings by fully supporting fast decision-making structures, Korean language support, and complex budget structures unique to Korean companies.
- FCP certification: Cost and operational management capabilities that meet global standards
- Enhanced cost visibility & collaboration: Optimized collaboration between departments such as IT and finance teams
- AI-driven automation: Real-time detection of inefficient costs and immediate action
- Specialized in Korean companies: Perfect response to the domestic environment, budget structure, and cooperation tools
This introduction of OpsNow FinOps is expected to not only lower cloud costs but also increase efficiency and reliability across business operations.
Introduction Inquiries: If you need any consultation or additional materials on OpsNow FinOps, please feel free to contact us.
Good information to see together
- Part 1: OpsNow FinOps, FinOps Certified Platform (FCP) certification!
- Part 2: Introduction of OpsNow FinOps
Next blog preview
- In the fourth episode, we'll give you a detailed look at how OpsNow FinOps' latest AI capabilities are transforming cloud cost management.
- In particular, we will analyze in-depth the changes that AI-based automation will bring to cost management with practical use cases, so please look forward to it!
That concludes the third installment of the FCP-certified blog series, which is the first FCP-certified OpsNow FinOps to optimize cloud costs and increase operational efficiency.
Thank you.
