Published: 24 January 2024
Well-defined software asset management and FinOps services can materially reduce costs and control risks. Sourcing, procurement and vendor management leaders must envision, scope, validate, select and initiate services that deliver cost-optimization outcomes for the software and cloud portfolio.
Advancing software asset management (SAM) and FinOps maturity with internal resources is often challenging. However, investing in external specialist services to manage costs requires sponsorship.
SAM and FinOps services include extensive and nuanced detail, requiring a robust definition of the scope and deliverables that will enable desired value through cost management outcomes. Procurement of a service risks failure if the scope and deliverables are not developed in advance.
Selecting a SAM and FinOps provider successfully requires thorough due diligence. It entails validating that the service provider will take ownership of the disciplines, checking customer references, and securing provider commitments
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