In this episode, I discuss how to control cloud costs with Brian Kathman, CEO at OpsCanvas. OpsCanvas uses a proprietary platform and AI to deliver actionable insights to its customers, which, on average, have generated savings of 22%.

Two decades ago, no one was discussing the need to control cloud costs. It was in its infancy and considered the cost-saving solution over traditional on-premises computing and storage. What a different two decades make. Now, cloud costs are a top expense for most companies. It’s also easy to mismanage and become inefficient.

Brian explains the problem most companies face with cloud management and how understanding utilization and implementing strong monitoring can help manage the costs more effectively.

Find more from Brian:

Website: https://www.opscanvas.com/about/

LinkedIn: linkedin.com/in/briankathman

Find more from Duane:

Email: ddeason@efficacygroup.com

Website: https://efficacygroup.com/

LinkedIn: https://www.linkedin.com/in/duanedeason/

Buy the Operationally Svelte book: https://efficacygroup.com/company-efficiency-book/

In this episode, I discuss strategies for managing commercial real estate costs with Adam Schindler, Vice Chair at Colliers International. Adam is a top leasing agent for Colliers, exclusively representing tenants.

It is an interesting time to discuss commercial real estate as the industry is still emerging from the devastating impact of the pandemic. It’s also unclear to what extent employers will require their employees to return to the office, but the trend suggests that working remotely is increasingly falling out of favor. Regardless, I’m confident that commercial real estate will continue to be a significant cost for most companies.

What makes real estate a particularly difficult cost to manage is that it requires some level of accuracy when forecasting long-term headcount and office utilization, as leases of premium space often require a commitment of a decade or more. A company can easily find itself facing the cost impact of either too much or too little real estate, neither of which is an easy problem to solve.

Adam and I explore how companies can best manage their commercial real estate by finding the right balance between creating a dynamic work environment and avoiding the risks associated with having an excess—or insufficient—amount of space.

Find more from Adam:

Website: https://www.colliers.com/en/experts/adam-schindler

Linkedin: https://www.linkedin.com/in/adam-schindler-19038b5

Find more from Duane:

Email: ddeason@efficacygroup.com

Website: https://efficacygroup.com/

LinkedIn: https://www.linkedin.com/in/duanedeason/

Buy the Operationally Svelte book: https://efficacygroup.com/company-efficiency-book/

In this episode, I discuss the challenging cost area of employer-provided health insurance with Keith Burgess, Partner/Agent at NFP, an Aon company. Keith has been in the industry for almost 30 years, and I can think of no one better to help my listeners navigate this difficult space.

Employer-provided health insurance is nothing new, but its costs have consistently outpaced inflation for decades, making it one of the top expenses for most companies. Unfortunately, all indications suggest this trend will continue. To make matters more complicated, the landscape has become increasingly complex due to the growing variety of products and services available.

Keith and I explore how companies can work to control these rising costs while remaining mindful of employee impact. Other than compensation itself, few areas are as sensitive to employees as changes to their health care benefits.

If you’re responsible for managing your company’s health insurance, this is an episode you won’t want to miss.

Learn more from Keith:

Website: https://www.nfp.com/

LinkedIn: https://www.linkedin.com/in/keith-burgess-6ba9071/

Find more from Duane:

Email: ddeason@efficacygroup.com

Website: https://efficacygroup.com/

LinkedIn: https://www.linkedin.com/in/duanedeason/

Buy the Operationally Svelte book: https://efficacygroup.com/company-efficiency-book/