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Cloud Readiness Assessment & FinOps Strategy
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Cloud Readiness Assessment & FinOps Strategy

Stop paying 3x more for cloud than on-prem. Get a data-driven roadmap to eliminate waste and unlock cloud-native economics.

ROI Timeframe
6-12 months
Starting At
$80K - $150K
Recommended Vendors
Analyzed
Category
Strategy & Planning

Signs You Need This Service

💸

Cloud bill is 3x higher than on-prem TCO

You migrated to AWS/Azure 2 years ago. Your VMs run in EC2 instead of VMware. But your architecture? Identical. You're paying $400K/month for what used to cost $180K/year.

🎲

Don't know which apps are cloud-ready

You have 120 applications. Some should move to cloud, some shouldn't. But you're guessing instead of using data. Result: wrong apps migrated first, massive rework.

📊

Finance team demands cost accountability

CFO sees the cloud bill growing 40% YoY. Asks 'what are we getting for this money?' You don't have an answer because there's no chargeback model or tagging strategy.

⚙️

Workloads over-provisioned by 60%+

Your t3.xlarge instances run at 15% CPU. No auto-scaling. Always-on resources for batch jobs that run 2 hours/week. Idle resources = wasted money.

Sound familiar? If 2 or more of these apply to you, this service can deliver immediate value.

Cloud Readiness Self-Assessment

Answer 6 questions to get your Cloud Readiness Score. Based on our assessment framework used with 200+ enterprise migrations.

1. What percentage of your cloud resources are properly tagged?
2. How many of your applications are cloud-native (stateless, containerized)?
3. Do you have FinOps discipline (chargeback, budget alerts, monthly reviews)?
4. How much of your infrastructure is managed as code (IaC)?
5. How large is your data estate (GB)?
6. How many applications have hard dependencies on on-prem infrastructure?

Business Value & ROI

ROI Timeframe
6-12 months
Typical Savings
$2M-15M annually
Key Metrics
5+

Quick ROI Estimator

$5.0M
30%
Annual Wasted Spend:$1.5M
Net Savings (Year 1):$1.3M
ROI:650%

*Estimates based on industry benchmarks. Actual results vary by organization.

Key Metrics to Track:

Cloud spend reduction (30-60% post-optimization)
Application migration velocity (apps/month)
Mean time to provision infrastructure (hours → minutes)
Cloud cost variance reduction (budget vs actual)
Developer productivity (deployment frequency improvement)

Standard SOW Deliverables

Don't sign a contract without these. Ensure your vendor includes these specific outputs in the Statement of Work:

All deliverables are yours to keep. No vendor lock-in, no proprietary formats. Use these assets to execute internally or with any partner.

💡Insider Tip: Always demand the source files (Excel models, Visio diagrams), not just the PDF export. If they won't give you the Excel formulas, they are hiding their assumptions.

Typical Engagement Timeline

Standard delivery phases for this service type. Use this to validate vendor project plans.

Phase 1: Discovery & Stakeholder Alignment

Duration: 2 weeks

Activities

  • Kickoff workshop with CTO, CFO, Infrastructure VP, FinOps Manager
  • Application portfolio data collection (CMDB export, Cloudability/CloudHealth API)
  • Cloud billing data analysis (3-6 months historical spend)
  • Interview app owners (15-20 stakeholders) to understand business criticality

Outcomes

  • Shared understanding of business objectives (cost reduction vs agility vs innovation)
  • Complete application inventory with metadata (tech stack, traffic patterns, compliance)
  • Baseline cloud spend analysis (top 10 cost drivers identified)
Total Engagement Duration:10 weeks

Engagement Models: Choose Your Path

Based on data from 200+ recent SOWs. Use these ranges for your budget planning.

Investment Range
$180K - $350K
Typical Scope

100-300 applications, multi-cloud (AWS + Azure), 3-5 data centers, complex compliance requirements. Typical for large enterprises ($2B-10B revenue).

What Drives Cost:

  • Number of systems/applications in scope
  • Organizational complexity (business units, geo locations)
  • Timeline urgency (standard vs accelerated delivery)
  • Stakeholder involvement (executive workshops, training sessions)

Flexible Payment Terms

We offer milestone-based payments tied to deliverable acceptance. Typical structure: 30% upon kickoff, 40% at mid-point, 30% upon final delivery.

Hidden Costs Watch

  • Travel: Often billed as "actuals" + 15% admin fee. Cap this at 10% of fees.
  • Change Orders: "Extra meetings" can add 20% to the bill. Define interview counts rigidly.
  • Tool Licensing: Watch out for "proprietary assessment tool" fees added on top.

When to Buy This Service

Good Fit For

  • Migrated to cloud 1-3 years ago but costs are higher than expected
  • CFO demanding ROI justification for cloud investments
  • 100+ applications with no clear migration priority
  • Executives asking 'should we repatriate workloads back on-prem?'
  • FinOps function non-existent or immature (no tagging, no chargeback)
  • Planning next data center exit or lease renewal decision

Bad Fit For

  • Haven't started cloud migration yet (use 'Modernization Strategy' service instead)
  • Only 10-20 applications (too small for wave planning complexity)
  • Already have mature FinOps team with established processes
  • Pure greenfield - building net-new cloud-native apps (no [legacy migration](/services/legacy-assessment))

Top Cloud Readiness Assessment & FinOps Strategy Companies

Why These Vendors?

Vetted Specialists
CompanySpecialtyBest For
Deloitte
Website ↗
Enterprise Cloud Strategy & FinOps
Fortune 500 with complex multi-cloud environments
PwC
Website ↗
Cloud Economics & Risk
Regulated industries (Banking, Healthcare)
Accenture
Website ↗
Global Cloud Migration Programs
Multi-region transformations with M&A complexity
Slalom
Website ↗
Cloud Readiness & AWS Partnership
AWS-first migrations for mid-to-large enterprises
Thoughtworks
Website ↗
Cloud-Native Architecture Assessment
Tech-forward companies modernizing to serverless
EY (Ernst & Young)
Website ↗
Cloud TCO Modeling & Business Case
CFO-led initiatives requiring financial rigor
Scroll right to see more details →

Reference Case Study

Industry
Healthcare Technology (SaaS)
Challenge

Company migrated 80 applications to AWS over 18 months. Cloud bill reached $6.2M/year (vs $1.8M on-prem projection). CFO threatened to repatriate everything back to colo. CTO had no data to defend cloud strategy.

Solution

We conducted a 6-week assessment analyzing all 80 apps, billing data, and architecture patterns. Found: 40% of spend was idle dev/test environments running 24/7, 30% was oversized production instances, 15% was unnecessary data transfer (poor VPC design). Created wave plan to fix top 20 issues.

Results
  • Reduced monthly cloud spend from $520K to $240K (54% reduction) in 90 days
  • Implemented auto-shutdown for dev/test (saved $2.1M/year)
  • Right-sized prod instances + Savings Plans (saved $1.4M/year)
  • CFO approved $8M cloud expansion budget based on proven cost discipline

Typical Team Composition

L

Lead Cloud Architect

15+ years infrastructure experience. AWS/Azure certified. Leads technical assessment, TCO modeling.

F

FinOps Analyst

Former AWS Solutions Architect. Expert in cost optimization, billing analysis, Reserved Instance strategies.

A

Application Modernization Consultant

Evaluates application suitability for cloud (12-factor, stateless patterns, containerization readiness).

E

Engagement Manager

Stakeholder coordination, risk management, executive communication. Your single point of contact.

Buyer's Guide & Methodology

The Problem: You’re in the “Cloud Wasteland”

62% of enterprises are stuck in what we call the Cloud Wasteland—you’ve migrated to AWS/Azure, but you’re running lifted-and-shifted VMs and paying 3x more than on-prem for the same architecture.

Why This Happens

  1. “Lift and Shift” was sold as the fastest path to value. It’s actually the fastest path to bill shock. You pay cloud prices (opex) for on-prem architecture (designed for capex).

  2. Reserved Instances were supposed to solve costs. They lock you into capacity you don’t need 60% of the time. Auto-scaling is supposed to be the point of cloud.

  3. Kubernetes was supposed to be “cloud-native.” Running containers on EC2 is “cloud-aware” at best. True cloud-native means serverless, managed services, and pay-per-use.

What This Assessment Delivers

Unlike generic cloud assessments that generate 200-page PowerPoints you’ll never read, we deliver actionable artifacts you can execute on immediately.

Week 1-2: Discovery

We don’t just rely on your CMDB (which is 40% outdated anyway). We use automated discovery tools (AWS Application Discovery Service, Azure Migrate) combined with stakeholder interviews to build the real picture of your environment.

Week 3-5: Deep-Dive Analysis

This is where we find the money. Our FinOps analysts will:

  • Scan for idle resources (EBS volumes attached to terminated instances, old snapshots from 2019)
  • Identify oversized instances (your t3.2xlarge running at 8% CPU)
  • Calculate data transfer waste (misconfigured VPC peering costing $80K/month)
  • Find orphaned resources (load balancers with no targets, RDS instances no app connects to)

Typical finding: $500K-3M in annual waste across a 200-app portfolio.

Week 6-8: TCO Modeling & Roadmap

We build a 5-year TCO model that your CFO will actually trust because we include the hidden costs:

  • Data egress fees ($0.09/GB adds up to $500K/year for chatty microservices)
  • API Gateway tax (costs 5x more than Lambda compute itself)
  • Support costs (AWS Enterprise Support = 10% of monthly spend, did you budget for that?)

Week 9: Executive Presentation

We present findings to your steering committee (CTO + CFO + CEO/Board). We’ve done this 200+ times. We know the objections (“what if AWS raises prices?”) and have backup slides ready.

Top Cloud Readiness Assessment & FinOps Strategy Companies

We analyzed 60+ consulting firms. Here are 6 with proven track records in cloud economics and migration planning:

How to Choose a Cloud Readiness Assessment Partner

If you need Big 4 credibility for Board: Deloitte or PwC (CFOs trust these names) If you’re AWS-first: Slalom (deep AWS partnership, practical execution focus) If you need global scale: Accenture (can assess in 50+ countries simultaneously) If you’re tech-forward: ThoughtWorks (cloud-native architecture, serverless expertise) If CFO is driving this: EY (strongest financial modeling and TCO rigor)

Red flags:

  • Vendors who recommend cloud for everything (honest assessment = some workloads stay on-prem)
  • “Free assessment” offers from cloud providers (AWS/Azure/GCP assessments are sales tools, not neutral)
  • Firms that don’t ask about your financial constraints (cloud readiness without TCO modeling is useless)

How We Select Implementation Partners

We analyzed 50+ cloud assessment firms based on:

  • Case studies with metrics: Accuracy of TCO models, migration velocity, savings identified
  • Technical specializations: TCO modeling accuracy, application dependency mapping
  • Pricing transparency: Firms who publish ranges vs. “Contact Us” opacity

Our Commercial Model: We earn matchmaking fees when you hire a partner through Modernization Intel. But we list ALL qualified firms—not just those who pay us. Our incentive is getting you the RIGHT match (repeat business), not ANY match (one-time fee).

Vetting Process:

  1. Analyze partner case studies for technical depth
  2. Verify client references (when publicly available)
  3. Map specializations to buyer use cases
  4. Exclude firms with red flags (Big Bang rewrites, no pricing, vaporware claims)

What happens when you request a shortlist?

  1. We review your needs: A technical expert reviews your project details.
  2. We match you: We select 1-3 partners from our vetted network who fit your stack and budget.
  3. Introductions: We make warm introductions. You take it from there.

When to Hire Cloud Readiness Assessment Services

You need external assessment when:

  1. Migrated 1-3 years ago, costs higher than expected: Need FinOps waste analysis and optimization roadmap
  2. CFO demanding cloud ROI justification: Need TCO model and business case for continued investment
  3. 100+ applications, no migration priority: Need application suitability scoring to sequence work
  4. Executives asking ‘should we repatriate back on-prem?’: Need honest cost analysis
  5. Planning data center exit or lease renewal: Need migration vs renew decision with hard numbers

Don’t hire external help if:

  • Haven’t started cloud yet (use ‘Modernization Strategy’ service first for high-level planning)
  • Only 10-20 applications (too small for wave planning—just migrate tactically)
  • Already have mature FinOps team with tagging/chargeback/optimization processes
  • Building greenfield cloud-native apps (no legacy to assess)

You can’t deploy GenAI on over-provisioned VMs. You can’t achieve “elite” DORA metrics without FinOps discipline.

This assessment is the foundation that enables:

  • Microservices decomposition (you’ll know which monoliths to break apart first)
  • Serverless migration (we’ll identify the 30% of workloads perfect for Lambda)
  • Data platform modernization (we’ll show which databases should move to Snowflake/Databricks)

Why This Isn’t Just Another McKinsey Strategy Engagement

  1. We give you the spreadsheets. Our TCO model = unlocked Excel file. Tweak assumptions, run scenarios, show your CFO. No black box.

  2. We name names. Our app suitability matrix says “CRM app should migrate to cloud; ERP should stay on-prem forever.” Not “further analysis required.”

  3. We include executables. Our deliverables include Terraform modules for auto-scaling, Python scripts for tagging enforcement, Cost Explorer dashboards. Implement Week 10.

What Happens After This Engagement

Most clients execute Wave 1 migrations within 30 days of approval. Typical sequence:

  1. Month 1: This assessment
  2. Month 2: Approve budget, hire migration partner (we’ll recommend 3)
  3. Month 3-6: Execute Wave 1 (quick wins = idle resource cleanup + right-sizing)
  4. Month 7-18: Execute Wave 2-4 (replatform databases, containerize stateless apps)
  5. Month 19-36: Execute Wave 5-8 (refactor to serverless, decompose monoliths)

By Month 12, most clients have:

  • Reduced cloud spend by 40-60% from peak waste
  • Improved deployment velocity 3-5x (infrastructure provisioning: 3 days → 30 minutes)
  • Achieved CFO confidence to approve cloud expansion (not repatriation)

Common Questions

Q: What if we’re multi-cloud (AWS + Azure + GCP)?
A: We’re cloud-agnostic. Our team has certifications across all major providers. We’ll optimize your spending across each platform and show where workload placement drove costs up.

Q: Do you recommend where to run workloads (which cloud)?
A: Yes. Based on technical fit + TCO, not vendor sales pitches. Example: We’ll recommend Azure for Windows/.NET apps (better licensing), AWS for ML workloads (SageMaker maturity), GCP for BigQuery analytics.

Q: What if we decide cloud isn’t worth it?
A: Honesty = our differentiator. If our TCO model shows 5-year cloud costs exceed on-prem + you’re not gaining agility benefits, we’ll recommend keeping workloads on-prem or repatriating. We’ve done this 3 times. CFOs love us for it.

Q: Can we execute the roadmap ourselves (no external partners)?
A: Absolutely. Our deliverables = vendor-neutral. You own everything. Many clients execute internally. Some hire our recommended partners. Some hire us for execution (but engagement = separate, after approval).

Frequently Asked Questions

Q1 How much can cloud readiness assessment services save?

We typically identify 30-50% in wasted cloud spend by finding idle resources, rightsizing instances, and fixing architecture flaws like data transfer waste and oversized databases. Average findings: $500K-$3M in annual waste across a 200-app portfolio.

Q2 Do we need to move everything to the cloud?

No. Our assessment often recommends keeping stable, predictable workloads on-premise if the 5-year TCO is lower. Example: batch processing with predictable capacity often costs less on-prem than reserved cloud instances. We've recommended repatriating workloads 3 times when cloud economics didn't make sense.

Q3 What is FinOps and why does it matter for cloud readiness?

[FinOps](/services/cloud-cost-optimization) is the practice of bringing financial accountability to the variable spend model of cloud. Without FinOps discipline (tagging, chargeback, budget alerts), cloud costs grow 40-60% YoY with no corresponding value increase. Cloud readiness assessment includes FinOps maturity assessment and implementation roadmap.

Q4 How long does a cloud readiness assessment take?

6-10 weeks depending on portfolio size. Small (50-100 apps, 1-2 data centers) = 6 weeks. Medium (100-300 apps, 3-5 data centers, multi-cloud) = 8 weeks. Enterprise (300+ apps, global, heavily regulated) = 10-12 weeks. Deliverables include application suitability matrix, 5-year TCO model, FinOps waste report, multi-wave migration roadmap.

Q5 What if we already migrated to cloud but costs are too high?

This is the #1 use case. 62% of enterprises are in the 'Cloud Wasteland'—migrated but paying 3x more than on-prem for lifted-and-shifted VMs. We identify FinOps waste (idle resources, oversized instances, data transfer flaws), right-size your architecture, and build a roadmap to true cloud-native (serverless, managed services). Typical savings: 40-60% reduction in monthly cloud spend.

Q6 Do you recommend which cloud provider to use (AWS vs Azure vs GCP)?

Yes. Based on technical fit + TCO, not vendor kickbacks. General rule: AWS for ML workloads (SageMaker maturity), Azure for Windows/.NET apps (better licensing), GCP for BigQuery analytics. Multi-cloud is expensive (10-15% overhead for cross-cloud data transfer)—we only recommend it when technical requirements justify the cost.