---
title: "Business Problem to Solve"
chapter: true
draft: false
weight: 12
---
# Business Problem to Solve

- 79% of surveyed organizations indicate that managing cloud spend is a challenge and that 30% of spend is wasted. ​
- 80% of organizations overshoot their cloud IaaS budgets, 50% accidentally expose data or services, and 47% do not continuously optimize cloud workloads (source: Gartner).​
- 81%  of organizations indicate cloud security is a primary challenge, with 95% of issues stemming from misconfigurations (source: Gartner), and 75% from inefficient cloud operations.​

***The challenges across FinOps, SecOps, and CloudOps are substantial and can become a serious risk if left unmitigated. Most “solutions” being utilized (for example, home-grown tools or spreadsheets and manual processes) simply fail to address these challenges.***

**FinOps Challenges​**

  - Cost Visibility and Reports​

    - Inability to view cost details for projects, clouds, accounts, region, environment and resources​
    - Inability to understand cost drivers, cost insights and cost anomalies​

  - Cost Allocation​

    - Lack of resource consistency and accountability​
    - Inability to charge to appropriate cost centers​

  - Cost Optimization​

    - Inability to view resource utilization to identify areas of optimization​

  - Budget Forecasting​

    - Inability to track budgets accurately ​
    - Inability to point to trends due to lack of cost drivers

**SecOps Challenges​**

  - Unified Visibility ​

    - Lack of visibility into security threats, attacks and vulnerability data ​
    - Inability to view security posture across multiple clouds​

  - Remediation Suggestions​

    - Inability to remediate security violations​
    - Slowed response time due to manual follow ups​

  - Compliance Assessment​

    - Inability to assess cloud infrastructure against industry standards, regulations and best practices such as HIPAA, PCI-DSS, NIST, ISO, AWS WAF etc.​

  - Incident Ticketing Workflow​

    - Inability to route incidents to ITSM tools such as ServiceNow seamlessly

**CloudOps Challenges​**

  - Autonomous Monitoring​

    - Lack of autonomous monitoring affecting service availability and fault tolerance​
    - Missed SLAs due to inability to act expeditiously​

  - Infrastructure Fulfillment​

    - Inability to provision resources with ease​
    - Inability to execute post-provisioning activities ​

  - Operations Visibility​

    - Inability to view activities across multiple clouds​
    - Lack of insights into anomalies ​

  - Incident Ticketing Workflow​

    - Lack of 3rd party tool integrations for incident management​
    - Inability to route incidents to ITSM tools such as ServiceNow seamlessly