Reduce your cloud OpEx automatically
Augment your negotiated private pricing for cloud services with automated commitment management. Achieve additional 40-50 percent savings without overcommitment risk or engineering dependency.
The Challenge
Cloud waste is rampant and cost optimization is fragmented
Cloud costs are one of the largest business expenses and over 27% of spend is wasted annually. Siloed ownership and separate tactics between finance and developer teams lead to frequent oversight and missed savings opportunities.
Margin compression from increasing cloud rates
High on-demand rates and unpredictable spend patterns can suddenly squeeze profit margins for any products, services or business units that rely on the cloud.
Sunk cost from over commitment
To achieve higher discounts, teams might commit aggressively to certain cloud services only to reduce usage before the term ends, resulting in loss from unused committed spend.
Low visibility and BU accountability
Attributing cloud spend to their respective cost centers is challenging without disciplined tagging and allocation. Without central visibility, savings opportunities often go unnoticed.
Our Solution
Automate management, centralize visibility, empower accountability
Never pay more than what you need for cloud services. Continuous 24-7 active commitment management with ProsperOps can cut your monthly cloud bill in half without requiring any effort from your finance or engineering teams.
Maximize return on your cloud investment
Automatically minimize both your hourly rate and risk of loss from commitment lock-in for the cloud services. You save while your engineers build freely, ship products quickly, and accelerate time-to -revenue.
Improve unit economics for services hosted the cloud
Consistently ensure hosting costs don’t drive up your COGS more than necessary. ProsperOps can help you minimize unit costs for services in all three clouds so your pricing stays competitive.
Attribute savings and close the books quickly
Know which cost centers to allocate costs and attribute savings benefits to. Intelligent ShowbackTM eliminates the guesswork by automatically allocating commitment costs and savings at a granular level.
Customer Outcomes
See how some of the most sophisticated FinOps teams optimize their cloud costs with ProsperOps
Nubank reclaims time and cost from manual cloud financial management to innovate further and faster
“For us, ProsperOps is really helpful because it improves our savings without us having to do anything, and it takes away the effort of manual savings plan calculation, and purchases.”
Thomas Hammer – Product Ops and FinOps Lead at Nubank
Coupa boosts savings and financial flexibility with no additional overhead
“With ProsperOps, we’ve enhanced Coupa’s FinOps maturity and ensured our cloud costs stay optimized. If you’re looking to streamline cloud compute rate optimization, we recommend ProsperOps as a strategic partner.”
John Maguire – Senior Director of FinOps, Coupa Software
Capita increases its effective savings rate to 49% in Two Months
“While we started with an exceptional 37% ESR, ProsperOps unlocked additional savings and pushed it to 49% while reducing management time and effort”
Paul Hepple – Director of Professional Services, Capita plc