Cut Cloud Costs with the Best Cloud Management Software of 2020

With the growing adoption of public cloud, cloud management software has become an integral part of enterprise IT operations. Enterprises need to manage and run applications through the Software as a Service (SaaS) model. They also need to manage cloud architecture via the Infrastructure as a Service (IaaS) or Platform as a Service (PaaS) model.

Today, many enterprises are working with different cloud providers in a hybrid cloud setup. This gives them the flexibility they need to manage services and costs while maximizing value. But managing so many providers and services can be a challenge. One of the key challenges is cloud sprawl.

The only way around this issue is to deploy cloud management software. These tools allow for greater personalization of the cloud demands of your business. Today, we’ll go over the features of the best cloud management software to help rein in cloud costs and what is needed on those platforms.

Best Execution Venue for Workloads

When ordering a service that can be deployed in more than one cloud, users will see the upfront estimated cost for that service. That way they can determine whether or not the venue they’ve chosen for their service fits within their budget.

This is what makes a platform ideally suited for providing guidance on the best execution venue for a given workload.

Chargeback, Showback and Shameback

Whether it’s public cloud or the private data center, IT resources cost money. Your platform must provide end-users with the ability to see and understand what they’re spending upfront before it’s too late.

It also must provide the ability to set spend quota on individual users groups to ensure spending doesn’t exceed a specified threshold. This leads to a much-needed sense of financial responsibility. 

Switching Off & Dialing Up Resources

Switching off inactive cloud resources is a critical way to lower cloud costs. Cloud cost management tools can send alerts when they identify unused resources depending on your definition of it.

Similarly, automatic scaling can allow you to access more resources during times of peak demand. These auto-scaling tools are available from most providers.

Discover the CloudBolt Difference

CloudBolt, the leading cloud management software, helps enterprises to integrate on-premises resources and public clouds in a single interface. It unifies the management of cloud services and infrastructure across locations and technologies. This helps to optimize workload placement and enable the best execution venue.

CloudBolt provides an easy way for enterprises to track spending across cloud, applications, users, and minimizes service problems like Day Two operations. It delivers the cost visibility you need to successfully manage hybrid cloud deployments.

Conclusion

If you’re looking to cut cloud costs or rein in cloud sprawl, you cannot go wrong with any of the features on our list. Do you research and determine what is the best fit for you.

Experience the leading hybrid cloud management and orchestration solution. Request a CloudBolt demo today.