FinOps Case Study: Optimizing IT Spending in a NZ State Owned Enterprise with YäRKEN
Yarken Team
3 minute read
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Customer Overview |
A leading state owned enterprise in New Zealand grappled with significant spend leakage within their IT infrastructure. The core challenge lay in the lack of transparency and accountability in their spending, hindering efficient budget allocation.
YäRKEN helped support the following core areas
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FinOps Principles applied
- Visibility and Cost Transparency
YäRKEN's platform provided a centralized view of the application portfolio and integrated usage metrics, enabling a comprehensive understanding of costs and usage patterns. - Cost Optimization
Through detailed analysis facilitated by YäRKEN, the enterprise identified and decommissioned two unused applications, resulting in annual savings of approximately $140k. Additionally, by analyzing mobile service costs, they uncovered an opportunity to save $30k annually by optimizing variable costs. - Governance and Control
YäRKEN integrated with a cloud-managed service provider to ensure granular cost breakdowns and implemented a consistent tagging strategy for better cost control and accountability within the cloud environment. - Alignment with Business Goals
By aligning spending with the Technology Business Management (TBM) framework, the enterprise improved communication and understanding of IT costs and value across the organization.
Outcomes
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