Are you struggling with multi-cloud cost control? Having two or more clouds is now considered normal. The reasons range from choice and company acquisitions to early adopter DevOps teams.
One of the major concerns of enterprises moving to a multi-cloud setup is cost management. You see, they have to figure out how to efficiently manage costs when each provider has a separate billing tool. Without a unified dashboard where you can view all cloud activity, solving the cloud cost management issues becomes impossible.
How a Unified View Can Help Your Organization
Here’s the thing – achieving success in the enterprise space is chock-full of challenges. Managing cloud costs shouldn’t be one of them. A cloud management tool, such as CloudBolt, can help address this challenge. Here’s a snapshot of what you can expect from a comprehensive cloud cost management tool.
Fast Data Ingestion
Your cloud provider probably charges by the second. There are more than 400,000 seconds in a week. Given the multitude of services your organization uses, you can see that it’s too much data to absorb. Keeping tabs on this data is impossible.
Having real-time access to cost data gives your team insights into costs. A multi-cloud cost management tool helps to support informed and timely cost decisions. The tool should work with multiple service providers and account for custom pricing. It should also contain a strong data analytics engine.
Get the Cost Data You Deem Important
Your IT team doesn’t have to pore through multiple billing reports to keep track of cloud costs. A cost management tool gives you a unified view of all your cloud deployments. You can create custom dashboards where teams and IT leaders can monitor cloud costs relevant to them in real time.
Granular Cost Management Across Clouds
Multi-cloud cost control can be much easier with the ability to look into the details of cloud costs. You can dig deeper into specific resources that are driving particular costs. This way, you can unearth incorrectly attributed resources. You get to do all this from a single pane of glass.
The resource-level reporting across cloud providers empowers your team to normalize data across clouds. It also allows you to access what would typically be siloed data.
Generate Reports on Cloud Costs Against Business Goals
IT admins have a responsibility to create reports that answer specific questions based on business KPIs. This is particularly important for organizations with a large cloud spend. Being able to contextualize cloud spend across clouds allows IT admins to visualize activities and trends related to the organization’s goals.
Business leaders can find out just how much each cloud service costs for every unit of business value created. Alternatively, they can contextualize the cost of multi-clouds against other known performance indicators of the business. This allows teams to bring multi-cloud cost insights out of billing reports and into strategy conversations.
Conclusion
Give multi-cloud cost control a shot in the arm. Adopt a cloud management platform that gives you a unified view of all your clouds. You can say goodbye to the manual, multistep process of tracking spending for multiple clouds.
