In most organizations cloud started as a shadow IT, typically by the developers, in the early days of the cloud adoption. Organizations later started a complete mainstream adoption. But eventually it grows up to a level where the recurring cost starts outweighing the true benefits of the cloud.
To maintain the balance or spending right while ensuring the business benefits is more of a cultural change rather than an excel sheet exercise or using the provider tools to control the cost. It requires a top down approach, strong collaboration, communication, understanding the technology and business benefits along with implementing the FinOps (Financial Operations) principles and practices.
With our FinOps consulting we help organization to understand & mange the cloud spending & reducing the cost by