Erik Carlin
Co-Founder & Chief Product Officer at ProsperOps
Effective Savings Rate 2.0: Expanding the Ultimate Rate Optimization Metric
Agenda / Effective Savings Rate 2.0: Expanding the Ultimate Rate Optimization MetricBreakout
Rate Optimization
Effective Savings Rate (ESR) has become the FinOps standard KPI for measuring RI, SP, and CUD savings performance. What began as a way of understanding how well commitment-based discounts were managed, has expanded into a comprehensive rate optimization metric.
In this session, we unveil ESR 2.0 and explore how we have refined the scope of ESR to capture and account for nuanced differences between clouds, services, pricing, and savings instruments. Gain an understanding of how to leverage ESR as a strategic tool, driving continuous cost optimization improvements. Learn how to calculate, visualize, and communicate ESR 2.0, empowering your organization to achieve unparalleled financial efficiency. Lastly, we’ll share new ESR 2.0 benchmarks, helping all FinOps practitioners understand their organization’s maturity relative to peers, and improve. Our goal: maximum savings for all!
