Organizations are deploying various applications that run on separate cloud infrastructures, to avoid vendor lock-in for flexibility and spend optimization. Handling each cloud separately is not a better option for cloud resource management, specifically with Cloud cost management. These days, multi-cloud environments are inevitable.
Here are a few of the top challenges that enterprises experience when managing cloud costs in the multi-cloud platform:
Lack of Visibility – Many organizations are struggling due to a lack of visibility of cloud resource utilization. It’s difficult to know how much cloud resource is in use and its distribution model. When an enterprise doesn’t have a complete view of what they own, it’s nearly impossible to determine key performance metrics or understand how these tools contributed to the proper utilization of cloud resources.
Unpredictable Costs – Unpredictable cost is the biggest challenge that goes hand in hand with a lack of visibility. It’s very difficult to understand how much everything will cost monthly when your organization is not aware of how cloud-based costing is rising.
Many enterprises are facing these issues and hesitating to use the cloud. These problems can be solved with the help of Click2Cloud’s CloudBrain.
CloudBrain’s Cost Manager is an ideal cost management tool that helps enterprises to cut back on spending and simplifies the process to gain better visibility and efficiency.
Click2Cloud’s Cost Manager helps the organization to manage cloud costs depending on resource usage. It providers the facility of Billing and Optimization. Billing helps to know about the cost of Compute, Storage, Cost Trend for multi-cloud accounts, and gives the detailed invoice report of all services which includes price, usage, consumption, and amount.
Cloud cost optimization is helpful to provide the correct and efficient cloud resources to your applications. It helps with cost savings and productivity enhancement.
Cost Manager tools offer its customers with predictability, control, visibility, optimization, and the extensibility which need to maintain overall cloud costs.
An organization can easily manage the overall cloud cost depending upon the organization’s monthly and annual resource usage depending upon resource usability.
If any organization leverages budgets to ensure predictable cloud spending, then with this tool they can allocate budgets to different departments, forecast spending, and avoid leverages.
With Click2Cloud’s Cost Manager tool an organization can save overall cloud cost spends, optimization and budget management, automation, cost governance, cost visibility, cost ownership, budgets, and TCO (total cost of ownership).
Below is the illustrated diagram of the Cost Manager tool which shows a multi-cloud cost annual/ monthly spends with Overview, Details, Cost Trends, and Predictions.
This figure shows the usage budget, total budget, and estimated saving. Also, it gives an idea over expense vs budget and resource utilization.
Fig: Click2Cloud’s Cost Manager Tool
Click2Cloud’s Cost Manager tool with multiple features helps organizations to have a better report for their multi-cloud spending. With cost analytics, TCO, budget, and management, it provides an overall monthly and annual cloud that spends reports with simple ease. Organizations while using multi-cloud, the most important concern is cloud cost management, which is overcome by Click2Cloud’s Cost Manager Tool with its features like billing and optimization, predictive analysis, time savings, resource utilization analysis, etc.
Businesses and organizations are moving their workload to the cloud for better agility, performance, and security. Cloud computing is the bellwether of hosting applications and databases to improve the overall efficiency of business processes. The disparity between the on-premise workload and cloud environment workload often results in businesses migrating the workload to the cloud. Cloud technology shows impeccable growth contributing to the adoption of cloud-based computing across many businesses and organizations.
Centaurus, a next-generation cloud for the telecom sector, is an open-source project for building cloud infrastructure platform that can be used to build and manage public or private clouds, edge computing, and edge device datacenter. It is a solution to address key challenges of large-scale clouds such as system scalability, resource efficiency, multi-tenancy, edge computing, and the native support for the fast-growing modern workloads such as containers and serverless functions. Centaurus helps in creating multiple nodes, managing infrastructure, containerizing the environment, managing the pods, and many more.
Cloud computing is picking up the pace replacing the traditional methods of storing the data, accessing, and running the applications. Cloud migration is the process to shift the existing data, applications, and other business elements from data centers or one cloud to other cloud environments for better scaling. Organizations are shifting their businesses on cloud for more speed and agility. Migration to cloud gives the organization limitless computing resources.
Click2Cloud support enterprises throughout their cloud infrastructure deployment process and empowers them with private cloud offerings, a cloud framework for compute, storage, and network services. To get the benefit of hybrid cloud and Edge computing an enterprise can accelerate the use of OpenStack, Apsara Stack, and Azure Stack services to transform technologies into cloud and deep industry growth to deliver abiding value.
This blog will give you a complete understanding on billing, budget, and cloud cost optimization. Cloud cost management is as important as knowing your bills. It is important to know your cloud spends and which cloud offers you a good service at minimal costs. Click2Cloud also offers you a semi-automated assessment platform “ CloudsIntel” to support you with assessment and migration plan
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