--- 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.*** **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. **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, Optimization - Lack of resource consistency and accountability - Inability to charge to appropriate cost centers **CloudOps Challenges** - Autonomous Monitoring - Lack of autonomous monitoring affecting service availability and fault tolerance - Missed SLAs due to inability to act expeditiously - Lack of insights into anomalies - Infrastructure Fulfillment - Inability to provision resources with ease - Inability to execute post-provisioning activities - Incident Ticketing Workflow - Lack of 3rd party tool integrations for incident management - Inability to route incidents to ITSM tools such as ServiceNow seamlessly