Telecom in Sweden (FinOps)

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Telecom in Sweden (FinOps)

Dikodi partnered with a Telecom company in Sweden in Q2 2024 to optimize cloud costs and improve FinOps practices. By streamlining cloud cost management, enhancing collaboration, and implementing a unified framework, Dikodi helped the company reduce inefficiencies, identify savings opportunities, and foster a culture of continuous optimization, resulting in both immediate and long-term financial benefits.

FinOps

Engineering

About the project

Dikodi partnered with a major Telecom company in Sweden in Q2 2024 to optimize cloud costs and improve their FinOps practices. The company faced rising cloud infrastructure expenses, driven by a large-scale environment supporting various product teams. However, there was a significant disconnect between the central Cloud Team and the Product Teams, resulting in inefficiencies and missed opportunities for cost savings.

Dikodi was engaged to address these issues by streamlining cloud cost management and enhancing collaboration across teams. Our goal was to improve resource optimization, increase visibility into savings opportunities, and align stakeholders around a common cost optimization strategy. By bridging the gap between teams, we created a unified framework for cloud cost management that focused on maximizing efficiency and delivering financial benefits.

In addition to improving processes, Dikodi prioritized training and upskilling internal stakeholders to ensure that the improvements would be sustainable. This holistic approach not only led to immediate cost savings but also established a culture of continuous optimization within the company.

Cloud Cost Transparency

Dikodi identified a lack of transparency in resource usage and the absence of an effective savings tracking mechanism. The company’s focus on long-term commitments rather than usage optimization resulted in missed cost-saving opportunities and inefficient resource allocation.

Team Collaboration Enhancement

Dikodi bridged the gap between the central Cloud Team and Product Teams by creating a unified cloud cost management framework. This improved collaboration ensured better resource allocation and aligned teams toward common cost-saving goals.

Usage Optimization Strategy

Dikodi introduced strategies for optimizing resource usage, including Termination, Rightsizing, and Scheduling. These initiatives, along with the use of cost-effective cloud regions for development and QA environments, resulted in significant savings.

Results

Dikodi’s approach saved the Telecom company $665.7K in the short term, with additional future savings of $2.43M identified. The introduction of automated email recommendations, comprehensive training, and improved collaboration led to a 10.4% savings and 250 hours of saved effort annually. By optimizing cloud resource usage and fostering cross-team collaboration, Dikodi helped the company achieve long-term cost efficiencies.

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