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Discover how a Cloud Billing Solution can Protect your Business

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Discover how a Cloud Billing Solution
can Protect your Business

Author: Steven Middeldorp
Date: 11 Aug 2020

Cloud bills can be incredibly overwhelming. Thousands of lines of operational data do are hard to comprehend and don’t easily translate into business value. Organisations looking for a solution to their Cloud Bill problems, analyse this data, and conclude that there is a massive need to roll out a cloud cost management and optimisation solution, to ensure they can make intelligent IT decisions.

The state of your cloud bill today will be more confusing tomorrow – more provisioning, Shadow-IT, and budget over-runs. The cloud landscape isn’t going to get clearer while you continue to operate with your existing solution that cannot automate cloud billing and present it in a clear and defensible form. For something to change, IT leaders will need to change something – and better now that later. The future is coming fast and organisations are working hard to protect themselves from more complexity.

Spending on cloud infrastructure services increased by $28b in the last three months of 2019 from the previous quarter – the largest quarterly increment for IaaS, PaaS, and hosted private cloud services.

As enterprise cloud spending increases, optimising existing cloud use for cost savings is at the top of important initiatives for growing organisations.

Kristian Hanlon, CEO ClearCost Software, is asking all CIO’s – “what are you doing right now to future proof and protect your business?”

Your data strategy informs and strengthens the business case for a cloud cost management and optimisation solution – determining accountability and translating into standardised taxonomy requirements is the forcing function for data clean up.

“Introducing a standardised taxonomy can only have a positive impact to the business, said Kristian Hanlon, CEO ClearCost Software”.

Optimise with accurate recommendations to avoid under-provisioning or over-provisioning and shutdown wasteful spending automatically. ClearCost IT Financial Management software features are powered by machine learning and designed on live usage.

ClearCost Intelligent ITFM Software can show the value IT is delivering and increase transparency into what makes up the cost of IT. This gives IT leaders more actionable data and clearer insight, aligning costs with profitability objectives, leading to more intelligent decision making. The ClearCost Bill of IT Solution is an automated & accurate optimisation and recovery tool that allocates IT costs with precision and delivers defensible understandable cloud bills.

Maximise the value of your cloud investment, reducing time and admin costs through cross-charging directly to the relevant Business Units. ClearCost Cloud Management delivering optimisation insights based on utilisation from multiple cloud providers.

To future proof your IT business, speak to our team.

CategoriesBlog

TagsIT Financial Management software, ITFM, ITFM software, CIO, IT financial metrics, IT Financial Management

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