Cloud Cost Management

Advisory Services

We help cloud finance teams optimize growing spending on public cloud services, minimize waste,
and establish clear financial accountability, visibility and controls.

Cloud Cost Management LLC brings a unique balance of experience, skills, and independence, providing clients valuable and trusted cloud financial advisory services.

 

Cloud services usage continues to grow rapidly, presenting significant

CLOUD FINANCIAL MANAGEMENT CHALLENGES

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AS CLOUD USAGE GROWS, COMPANIES NEED FULL-SCALE COST MANAGEMENT STRATEGIES:

  • Cloud spending tracking, allocation, and forecasting
  • Customizing purchasing plans to optimize spending
  • Cloud cost governance to avoid unplanned cost overruns

CLOUD FINANCIAL MANAGEMENT CHALLENGES TODAY

Visibility

of cloud computing costs, to track and forecast spending

Accountability

for rapidly growing public cloud services spending

Optimization

of cloud computing costs, to improve spending efficiency

MANAGE YOUR GROWING CLOUD COSTS

Our professional services teams help companies manage their growing cost spending:

  • Align cloud spending with financial metrics
  • Improve visibility of cloud costs, pricing plans, and purchase models
  • Deploy customized processes and tools for cloud cost optimization
  • Reduce inefficient, misallocated, or oversubscribed purchasing
  • Manage overall cloud costs for ongoing business value
 

Cloud Cost Management Services

Our 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.

 

Cloud Cost Management Advisory Services are designed to help Finance and IT teams govern cloud financials, improve cost management, and achieve cost savings.

OUR TEAM AND QUALIFICATIONS

The CCM team of professional services advisors has significant IT, Cloud, and Financial management experience, with proven value to clients worldwide.

Our Services Difference:

  • Balanced: Bringing together perspectives of Business, Finance, and IT
  • Independent: Non-biased, vendor-neutral, multi-cloud
  • Experienced: “Big-4” veterans; 25+ years in global business, cost management
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Chris Weitz

Managing Director

Chris is a recognized cloud computing industry veteran with significant experience in Cloud IT Infrastructure, Finance, and Operations. He previously served as a Managing Director at KPMG Consulting LLP, and Deloitte Consulting LLP, as founder and leader of the Cloud Computing services practice.
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Saeed Mehr

Senior Advisor

Saeed is an experienced advisor specializing in digital transformation, cloud services, and enterprise optimization.  For over 20 years, he has served in leading roles such as Digital Chief Product Officer and Product Strategist for major companies, such as General Electric and Barrick Gold, driving optimization and innovation.
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Scott McElhaney

Senior Advisor

Scott has over 25 years of experience in IT Finance and Operations, specializing in Infrastructure optimization at both Oracle and KPMG Consulting.   Since 2009, he has led Cloud and Infrastructure services for NTT DATA in North America, and serves major clients in Financial Services.

OUR TECHNOLOGY FOCUS

Cloud Services and Tools Specialization:

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Cloud Services and Tools Specialization:

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INDUSTRY REPORTS

Analyst and Customer Quotes:

“Through 2022, over 30% of the growing expenditure on software and cloud services will be unused”
Gartner forecast Report, 2019
“We spend tens of millions on cloud… and it’s always about the cost!”
Cloud Finance Manager, Major US Airline
“Cloud financial management is key to ensuring that the business is placing the right bets on the right solutions at the right time.”
KPMG, CIO Advisory Practice.
“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."
PwC, CFO with AWS MKTG Client Offering Overview
“Cloud users underestimate the amount of wasted cloud spend…actual waste [is] 35 percent. Optimizing spend is a high priority.”
2018 State of the Cloud Report
 

Managing cloud spend and cloud governance are the 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 the #1 priority in 2019 and beyond.

“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

Contact US

Please contact us if you have any questions, or would like additional information.

We look forward to working with you.







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