case study
Industry
Financial Services
Cloud Suite
Classified
Results
Identified $17 million in potential savings
context
Client Context & Background
A leading global insurance provider was spending $67 million per year on cloud services against an Enterprise Discount Program (EDP) of just $25 million. This significant gap raised concerns within the organisation about escalating costs and the absence of robust FinOps practices. The client needed an external partner to identify immediate cost-saving opportunities, validate hypotheses, and put in place a longer-term plan for cloud cost optimisation and governance.
Results
Results & Outcomes Achieved
The engagement identified $17 million in potential savings, including $6 million in quick wins. These savings were realised through license optimisations, unused storage, rightsizing resources, and improving utilisation practices. Finabeo also recommended new policies and processes to be managed by a dedicated FinOps team, ensuring that the identified savings were sustained and that future cloud spend remained aligned with business goals.
Process
Our Process & Key Observations
Using Optimus and other analysis tooling, Finabeo carried out a deep interrogation of the client’s cloud estate. The assessment surfaced a range of inefficiencies, including orphaned storage, underutilised resources, and costly VDI usage. These were categorised into short-term wins and longer-term optimisation strategies to help the organisation immediately reduce waste while setting the foundation for sustainable governance.
