cloud overview

Cloud

Cloud has become foundation to every business globally, irrespective of their size or industry, proven by the estimated spend on cloud that will be increase from 0.68T in 2024 to $1.44T in 2029, at a CAGR of 16.4%.

Cloud Computing Market

Market Size in USD Trillion
CAGR 16.4%

There are several key trends shaping the cloud market that is becoming foundational to every business globally, irrespective of their size or industry.

key trends
  • Cloud cost creep, driven up by the advent of GenAI
  • Industry Cloud adoption on the rise with point solutions
  • Increased interoperability as lock-in loses some luster
  • Cloud as an operating model

Cloud Service Offerings

FinOps

Businesses are leveraging cloud as foundational to their Digital Transformation initiatives. However, they are running into expensive pitfalls and are faced by significant challenges in managing their cloud costs. Cloud cost management challenges faced by enterprises today.

Cloud costs must be viewed from the Perspective of Value

We, at cloudrho, insist that cloud costs must be viewed from the perspective of value delivered to make cost optimization decisions. We play a crucial role in helping businesses by offering a range of services, from advisory to implementation services to value conscious governance, thereby powering businesses to innovate new products and services, enhance their customer experiences, and create more agile and resilient operations.

Advisory

A 4 to 6 week consulting engagement to define a roadmap to optimize your cloud spend and improve your FinOps practices. We leverage a range of tools and methodologiesto assess and recommend areas for improvement.

Managed Services

Our implementation services drives operationalization of enterprise strategy to optimize cloud spend and improve FinOps practices.

Typical projects include:

  • One time cost optimization projects
  • Cost transparency and measurement of cloud unit cost
  • FinOps platform implementation, integration, instrumentation
  • Establishing Governance and compliance
  • Enablement of continuous monitoring and management
Implementation

The cloudrho team also manages FinOps function for your organization on a day-to-day basis to drive a cost-conscious culture across the enterprise.

We champion this through:

  • Governance and Gamification for stewardship of Cloud Cost Management
  • Cloud Cost Reporting and Management
  • Implement and manage “FinOpsBar”

Up to

32

of public cloud spend
is WASTED

18

Overspend on public
cloud expenses

51

of IT budgets will be
spent on cloud by 2025

61

of organizations have cloud spend optimization as their #1 cloud initiative

Cloud Engineering

Enterprises are in various stages of cloud maturity ranging from getting migration right and moving to a ‘cloud operating model’ to embarking on the next big thing in Cloud that includes GenAI, Business-Driven Cloud Strategy, Industry Cloud and FinOps among others.

Leverage Cloud as an Operating Model enabling Business Transformation.

We, at cloudrho, help businesses achieve the maximum out of cloud by executing on transformation projects irrespective of where they are on the cloud maturity index. Our unique capabilities in tying technology to business outcomes, technical prowess in Cloud and a modern approach to cloud operations will ensure business are able to leverage cloud effectively to deliver business value rapidly.

Migration & Modernization

Our meticulously designed Cloud Migration and Modernization Services empower your business, ensuring it not only keep space with change but leads the charge.

Key activities under our Migration & Modernization Services include:

  • Cloud Strategy and Design
  • Application, Infrastructure, Data Migration & Modernization
  • Cloud Native Product &Service Development
  • DevSecOpsImplementation-Platform Engineering & Automation
  • Cloud Cost Optimization & Ongoing Sustenance
  • Revitalized Operating Model for Cloud
Cloud Operations

A strategic Imperative for Business Evolution. Key activities under our Cloud Operations Services includes:

  • Observability & Monitoring
  • Cloud Services & Platform Lifecycle Management
  • Cost Optimization

1/3rd

of all cloud migrations fail, and only 25% meet their deadlines.

86

of companies have increased their cloud initiatives since 2020. Only one-third consider they have achieved the outcome.

47

of CloudOps adopters continue to fully achieve their outcomes more frequently.

$1T

value expected to be generated by cloud adoption for US Fortune 500 companies by 2030. (Source: McKinsey)

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