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Beginning the Cloud Governance Journey: Cloud Cost Management | @CloudExpo #API #Cloud #Analytics
Learn how you can succeed with cloud governance
By: John Katrick
Nov. 24, 2017 05:00 PM
Gaining visibility in today's sprawling cloud infrastructure is complex and laborious, involving drilling down into tools offered by various cloud services providers. Enterprise IT organizations need smarter and effective tools at their disposal in order to address this pertinent problem. Gaining a 360 - degree view of the cloud costs requires collection and analysis of the cost data across all cloud infrastructures used inside an enterprise.
Almost universally, businesses know they need to practice cloud cost management, improve business agility, and maintain security and compliance, but they do not know how to get started. They are looking for a "playbook" that they can get handle on cloud services management of the growing (and often sprawling) cloud services.
Start with Cloud Cost Management
Think of it this way – if you have a "cloudy" (pun intended) idea where you are spending on cloud computing and why, then you cannot really make the best decisions as to the investments priorities for your cloud governance efforts. Why spend a lot of time and money on securing data to four or five different cloud storage services when you really only need to be using just one or two of them? Getting a good handle on the sources of your cloud cost, therefore, will be very valuable to your decision making when developing your cloud governance roadmap.
Taming the Cloud Cost Management Complexity
Sometimes these cloud services are chargeable to specific projects (and possibly need to be reimbursed) or even to specific departments. How do you properly account for, and separate the cost of these from your regular G&A cost? Add to this the “behind the scenes” sourcing of cloud services (shadow IT), and private cloud/virtualization platform cost further obfuscating the issue.
Ultimately it can take a lot of time consuming clicks and downloads of cost information from the different vendor portals and repetitive Excel gymnastics to get a handle on your actual cloud expense.
The Jamcracker platform simplifies cost management and therefore allows you to more quickly define an effective cloud governance plan. With its consolidated and unified chargeback report, budgeting and approval processes, you can begin the journey toward effective cloud governance.
Unified Chargeback Report
This chargeback report shows you all you need to know: licensing cost, start and end dates, pro-rated amounts, all normalized to a monthly report that you can quickly access in the platform, or have the platform push to your accounting system via a CSV file.
You can drill into your cloud cost with Jamcracker’s Custom Report capabilities - giving you actionable data in a detailed view of your cloud cost, grouping by important categories and timeframes.
Using the Jamcracker platforms Budgeting functionality, you can force users to pick a budget for their cloud service. Whether the service cost is based on usage or a standard subscription, the actual cost will be assigned to the budget they select.
Once the request is made, the designated admin is notified of the request, and can quickly visit the Requests page, view the request details, and either accept or decline the request.
The Journey Begins
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