From IT cost management to FinOps: Implementing a framework and cultural practice that restores alignment across IT, finance and business stakeholder

Effective IT cost management requires proactive, collaborative and continuous effort.

FinOps blends finance and technology to help organizations maximize the business value of information technology investments. It enables timely, data-driven decision-making and fosters financial accountability across IT, finance and business teams, breaking organizational silos.

mark-van-engelen
At CGI, we integrate FinOps to our clients’ environments so we’re able to help you not only manage cloud and hybrid IT spending but also achieve cloud governance.
mark-van-engelen

Vice-President - Emerging Technology, Western Canada

Scott-Stanley
At CGI, our FinOps offering goes far beyond basic cost tracking. We align with the FinOps Foundation’s core principles while integrating deep assessments of utilization, third-party licensing and human effort. This comprehensive view enables our clients to make informed, real-time decisions that drive both efficiency and innovation.
Scott-Stanley

Director, Consulting- Delivery

Plan and forecast

  • Align financial goals with resource usage for effective strategic planning.
  • Establish and maintain budgetary controls to prevent cost overruns and unexpected bills.

Awareness and insights

  • Gain clear insights into IT expenditures for informed financial decisions.
  • Use observability data from Site Reliability Engineering (SRE) to map performance metrics with financial impact.

Optimize and improve

  • Streamline operations with improved resource allocation.
  • Optimize IT costs for maximum value.

Operate and govern

  • Combine IT cost management with cost optimization to attain business goals with increased revenue.
  • Improve financial accountability across teams.
  • Integrate FinOps into IT Governance.

 

 Here are some of the outcomes CGI delivered to clients with FinOps.

A Canadian investment firm

A Canadian investment firm slashed cloud costs by nearly 50% thanks to better cloud cost tracking, analysis and optimization.

A major Canadian bank

A major Canadian bank reduced cloud spend through targeted architecture and tagging optimization.

A Canadian media and broadcasting client

A Canadian media and broadcasting client gained real-time cost transparency and accountability for its SaaS subscriptions.

For any challenge…

In its State of FinOps 2025 report, the FinOps Foundation states that workload optimization and waste reduction are the top priority by a clear margin for surveyed organizations.

Whether they’re using AWS, Azure, GCP, Kubernetes, M365 or a blend of cloud solutions, FinOps deliver strong outcomes for CGI clients, beyond cloud optimization.

They can rationalize complex IT billing structures into impactful financial metrics and KPIs. This enables them to optimize every dollar, ignite innovation and transform their business with our expertise.

 

We have a solution

By ensuring financial accountability across the board, your organization can expect to see a leaner, more agile and more competitive stance in the marketplace. This means:

  • Enhanced, real-time visibility into your financial operations
  • Robust strategy that aligns with your growth objectives
  • Reduction in overall cloud and IT spend with better resource allocation
  • Higher value extracted from each dollar spent

Individually, these oversights may seem minor, but collectively, they can translate into substantial cloud spend. Establishing a robust cloud cost governance framework is essential to identify inefficiencies, address them proactively and ensure financial accountability.

 

  • Provisioning a full server to run a database or an application instead of going serverless.
  • Keeping unused server, database or application instances provisioned and running idle.
  • Deploying oversized virtual machines with unneeded resources instead of autoscaling.
  • Paying for new cloud licenses instead of reusing on-prem software licenses.
  • Giving your teams uncontrolled access to your different cloud subscriptions.
  • Using costly storage volumes for archiving instead of cold access tier storage.

CGI is uniquely positioned to help clients drive enduring value through FinOps. Our global scale, deep industry insight and collaborative delivery model set us apart.

 

CGI’s certified FinOps, IT and industry consultants working together

We present you with the best options for your business model and market.

Ready to support you from business advisory to strategic financial management

Align spending with business strategy, gain financial control and achieve transparency for your IT operations.

Leveraging strategic alliances to fuel innovation at the lowest cost

We master your cloud vendors’ native tools, and we work with leading FinOps solution vendors like Flexera, Apptio and Tangoe.

A Canadian team with a global perspective

We deliver compliance-aware solutions that are informed by local and international financial regulations.

 

Want to join our FinOps team or Cloud practice in Canada?

Consult our job openings