Cloud Cost Management
We help enterprises gain control of spending on public cloud services,
with improved cloud cost
governance, processes, and tools.
Cloud Cost Management LLC provides advisory services to help organizations manage their cloud costs and governance processes to enable growth and innovation
Many organizations are expanding their cloud services, and need new ways to manage costs
ENTERPRISES NEED NEW APPROACHES
FOR EFFICIENT CLOUD GROWTH:
- Cloud Governance Oversight and Controls
- Cloud Service Modeling, Usage Reporting, & Cost Tracking
- Cloud Procurement and Services Deployment Strategies
- Cloud Cost Management Processes for Usage, Architecture, and Operations
Benefits of Cloud Cost Governance
Cloud Cost Management ServicesOur Advisory Services Include:
Cloud Purchasing & Contracting Advisory Services - Helping enterprises create customized vendor cloud agreements, enabling cost-optimized cloud infrastructure environments.
Cloud Migration Cost Modeling Services - Helping enterprises plan their cloud migration and app modernization costs, evaluate alternative approaches, and identify strategic options.
Cloud Cost Audit & Assessment Services - Helping enterprises quickly measure, assess, and benchmark their cloud cost, to identify saving opportunities and governance strategies.
OUR TECHNOLOGY FOCUS
Cloud Services Providers:
Cloud Services Technology and Services Partners:
Analyst and Customer Quotes:
“Through 2022, over 30% of the growing expenditure on software and cloud services will be unused”
“We spend tens of millions on cloud… and it’s always about the cost!”
“Cloud financial management is key to ensuring that the business is placing the right bets on the right solutions at the right time.”
“Currently, 39% of North American enterprises do not monitor their cloud bill, 42% don’t take steps to optimize workload configurations, and 44% do not use cloud incentives like chargeback, usage caps, or expiration date."
“Cloud users underestimate the amount of wasted cloud spend…actual waste [is] 35 percent. Optimizing spend is a high priority.”
"Through 2020, 80% of organizations will overshoot their cloud IaaS budgets due to a lack of cost optimization approaches."
MANAGING CLOUD SPEND AND CLOUD GOVERNANCE ARE TOP CHALLENGES FOR ENTERPRISES.
“Cloud cost management and cloud governance are top challenges regardless of cloud maturity.
Among enterprises, optimizing cloud costs (84 percent in 2019 vs. 80 percent in 2018) and cloud governance (84 percent in 2019 vs. 77 percent in 2018) are growing challenges.”
2019 State of the Cloud Report
CLOUD COST OPTIMIZATION WILL BE A TOP PRIORITY FOR ENTERPRISES
“Optimizing existing cloud use for cost savings continues to be the top initiative in 2019 for the third year in a row, increasing to 64 percent from 58 percent in 2018.
The challenge of managing cloud spend grows as cloud use increases. While 64 percent of all respondents cite optimizing cloud spend as the top initiative, that number is even higher among intermediate and advanced cloud users at 70 percent and 76 percent, respectively.”
2019 State of the Cloud Report
The Future of Cloud Cost Governance
In this eBook you will learn about:
- The New Imperatives of Cloud Cost Management
- How IT, Finance, and Operations need to evolve Cost Governance Processes
- New cross-functional Cloud Cost Governance Reference Models
- How Cloud Cost Governance includes Cloud Usage, Architecture, and Operations