Insight to
Cloud Cost Management
Accelerate digital transformation with dynamic
optimization of your hybrid IT costs
Using cloud services – from IaaS to SaaS – creates huge new opportunities to transform the speed, efficiency and operating costs of a business. But the challenges of forecasting and controlling cloud costs can quickly become an unmanageable headache that delays – or even completely blocks – successful digital innovation.
The Problem
As businesses accelerate their pace of digitization the number and variety of cloud services they use rapidly increases, with both the business and IT keen to use new digital services to innovate more quickly.
But while business innovation relies on the rapid adoption of cloud solutions, the variety of cost models used by providers frequently undermines established management practices – making it ever more challenging to forecast budgets, track costs and ensure continuity of service. These problems frequently result in procurement issues that block cloud usage or trigger unsanctioned “shadow IT” spend that can quickly spiral out of control.
Without the ability to easily forecast and manage a 360 degree view of their cloud costs, therefore, organizations often find cloud adoption impractical – blocking innovation, slowing down business change and forcing the use of slow, high cost traditional products and services that put the organization’s digital future at risk.
The Solution
An integrated financial view of your hybrid IT portfolio
PICCO overcomes these problems by presenting cost data from multiple cloud services within easily customizable dashboards – providing a full 360 degree view for forecasting and managing your costs.
By using our out-of-the-box adapters for popular cloud services, people at all levels of your organization can quickly overcome uncertainty and create transparent, consolidated views of their total cloud costs. Our complex visualization and drill-down capabilities make it easy to forecast exposure and gain insight into real-time operational costs, while our automated cost allocation capabilities allow you to charge different teams based on their actual usage – creating a transparent culture that unlocks the financial barriers to digital innovation.
The three pillars of our solution
Gain Financial Transparency
Monitor, plan and optimize the usage of all of your cloud sources in one place even of your complex multi-cloud environment.
Control Cost, Remain Flexible
Set thresholds and all necessary employees get notified when about to exceed budget to take action. Identify unused resources rapidly.
Plan for the Future
Identify trends and help to identify and support the planning of future IT cloud usage and costs.
Who benefits?
PICCO empowers everyone in the business to take control of their spend, driving a new intrapreneurial culture where everyone can use financial data to support innovation proposals and drive continuous improvement of the organization’s cost structure.
Executives
Capturing all of the IT costs in a heterogeneous cloud environment. Balance conflicting needs (public, private, hybrid, xaaS, BYOD) and avoid shadow IT.
Finance Team
Empower your finance teams to easily define and understand to forecast and budget your cloud resourcing. Identify potential problems before they turn into expensive cost overruns.
Project Managers
Provide the cloud spending on a granular level to your teams, projects or cost centers. They can now determine their efficiency use of all cloud resources.
Technology Experts
Let IT take the next step from just providing necessary underlying utilities towards a service oriented team which underpins the value creation for your business.
Get into the driver seat and take control
Read more on how PICCO helps to you to accelerate your digital transformation and solve your cloud cost managament problems.
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