Oracle OCI cloud cost optimisation

Maximise your Oracle OCI cloud spend and performance.

Reduce Oracle OCI cloud costs, manage Oracle compliance and ensure optimal cloud performance

Unchecked, Oracle Cloud Infrastructure (OCI) costs, like those of other public clouds, can lead to higher-than-expected customer bills, occasionally exceeding on-premises estate costs.

Version 1’s Oracle cloud (OCI) cost optimisation experts combine FinOps and licensing methodologies with our technical expertise to streamline your costs and ensure efficient cloud usage for your business.

We deliver Oracle cloud cost optimisation services that leverage industry best practices and practical experience to reduce Oracle cloud costs and empower your critical business systems.

Quantifying your risk: Consultants seek to understand how your software assets are used today, analyse growth plans for projected future use and assess the maturity and risk profile of your current license management processes. Our Capability Maturity Model is used to benchmark your existing vendor relationship and a Risk Assessment is undertaken to quantify the need for further analysis in this area during the engagement.

Aligning stakeholders: Version 1’s consultants and the stakeholders within your business define the data and activities required to support the process. Typically, this will involve the specification of milestones throughout the year to map activity and ensure that the Version 1 Control processes will have the information they require, with a high degree of accuracy, and at the right time.

Gathering rock-solid data: At each iteration of the Version 1 Control process, usage and entitlement data is refreshed for all products during Discovery. Detailed gathering of usage data is achieved using our Discovery toolset, any in-house tools, manual analysis or a combination of these methods, dependent on needs

Monitoring current compliance: After usage and entitlement changes are documented, Baseline again identifies the best fit licensing model for the current usage. This process also aids the management of shelving and recycling licenses across your organisation to maximise the value derived from software investments.

Achieving the optimal licensing model: No organisation remains static for long and the optimal management of change in license use can save overspend that can account for a large proportion of an IT budget. Plans and business objectives are considered in detail and are used during this step to create recommended actions for a future-proof, optimal license position, covering such events as business growth, M&A, systems redesign and migration.

Negotiating the optimal license position: Version 1 consultants use their extensive negotiation experience with enterprise vendors to advise and prepare you for negotiation, or even perform the negotiation on your behalf. Resolution creates the optimal balance between costs and license flexibility with a contract that covers all your needs.

Specialist license services for Oracle cloud cost optimisation

Ensuring optimal Oracle cloud deployments involves architectural design, expertise in enterprise applications, and license/support optimisation.

We combine these with FinOps to deliver cost-effective solutions, ensuring your business gets the best value from your investment in Oracle cloud infrastructure.

Our Version 1 Control service underpins our ability to deliver Oracle cloud cost optimisation in your Oracle cloud environment, regardless of whether this is OCI, Oracle Database@Azure or Oracle Database@AWS.

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Oracle OCI cost optimisation video blog series

Oracle OCI offers high performance, robust security and cost-effective solutions.

In our 3-part video series on how to optimise your Oracle cloud spend, our senior Oracle license consultant Paul Bullen will take you through the following:

Optimising OCI cost strategies such as forecasting, budgeting and selecting the right services.
Key cost-reduction strategies including optimal utilisation, auto-scaling and managing non-production environments.
Effective negotiation including accurate forecasting, understanding licensing costs and managing overages.

Oracle OCI cost optimisation infographics

Maximise your investment with our practical guide to cost optimisation in Oracle Cloud. Learn strategic and tactical aspects of OCI cost management to achieve significant savings.

Download our infographics now to start optimising your OCI costs effectively:

Download our infographics

By engaging with our cloud and licensing teams and leveraging our specialist Oracle cloud knowledge, we projected annual savings of approximately $540k in our customer’s cloud environment and empowered the client with effective control over their cloud resources.