Benchmarking and value quantificaton
A significant opportunity to enhance cloud return on investment in a game of risk versus reward.
Problem
A lot of large and important business decisions in today's world are technology decisions. Many of these decisions are being made without appropriate understanding of business impact. Budget for specific features, day to day running costs and resourcing are all guesstimations. What does good really look like? This is why the holy grail of FinOps, and the key to value driven business decisions, are unit economics. Yet no business ever seems to structurally get there, because it's hard and not core to their business (until it is).
Old way
Larger, technology driven businesses regularly try to develop a unit economics platform themselves, but often struggle to get them representative due to inaccurate cost attribution and rapidly changing technology ecosystem. Smaller businesses often rely on third party tooling. Yet all of these tools focus solely on technology resources, and don't link them to business outcomes. This is where it gets tricky for almost all businesses, and unit economics often get put in the "too hard" basket.
New way
For unit economics to be effective, there are criteria to be met. They need to be accurate, otherwise people on the ground won't use them. They need to be aligned to business goals, otherwise you are not getting ahead. Lastly they need to be evaluated. A metric without context also bears no effect. Therefore you need the metric to be contextualized through time and industry benchmarks.
Optimaze Economics is designed with all these principles in mind. Due to the enriched data set from Optimaze Attribution you get real-time input data that is not just accurately aligned to resources, but to product, teams and custom variables. The ability to set custom metrics above and beyond some of the standard "most wanted" unit economics, means you can set unit economics are aligned to your business goals. Optimaze Economics shows you a trend analysis, and industry benchmark (where available), so you know what good looks like.
Optimaze Economics
The "stock ticker" for your cloud environment. Quickly see the performance of your technology investment, with easy to understand metrics.