Cloudability is the ideal platform for FinOps. Our latest releases make it even easier for your IT, Finance and Business teams to manage the variable spend model of cloud and apply best practices based on the FinOps cloud operating model.
GCP: Visibility into Committed Use Discounts (CUDs)
Less than one year after launching GCP support, we’re adding greater visibility with a new option for CUD reservations in the Reservations Portfolio. With this new feature, you can get:
- An up-to-date inventory of all CUDs
- Insight into the state of commitments, including the allocated vCPU and Memory
- Visibility into the commitments owned by the organization, which projects in which regions have access to these commitments and the state of these commitments
- Recommendations to take action on commitments owned by the organization
Business Mapping: Mapping Cloud Spending to the Unique Structures of a Business
Using a powerful declarative language, Business Mapping enables organizations to easily map complex business logic and operations into cloud spending and usage data, including:
- Categorizing cloud spending to the specific taxonomy of a business using a mapping rules engine
- Optimizing the unit economics of a given application or business unit rather than just reviewing the raw spend of cloud provider services such as Amazon EC2 or S3
- Producing Business Dimensions — a layer of cost classification that can be referenced in Reports, Dashboards and Views to provide a specific business view of cloud spending and enable teams to make fast, informed decisions
Check out this blog post for more about Business Mapping.
Scorecards: Benchmarking FinOps Performance
With Scorecards, business leaders have unprecedented top-down visibility into the efficiency of each team and the organization as a whole. Scorecards allows you to:
- Measuring teams compared to high performers on the FinOps Index, a quantitative benchmark for cloud excellence based on criteria such as purchasing efficiency, provisioning optimization, resource utilization and infrastructure tagging
- Quickly identifying which teams need help and to help focus on specific areas of optimization
- Tracking progress against internal goals and peers as changes are implemented
Container Cost Allocation: Accurate Distribution of Costs
Container Cost Allocation is the only solution that provides full visibility and optimization of Kubernetes containers by collecting accurate utilization data and allocating the right portion of each resource to the appropriate cost centers (business units, teams, apps and/or services) for chargebacks. Container Cost Allocation provides businesses the ability to:
- Accurately allocate costs based on Kubernetes object types such as clusters, namespaces, services and labels. The right portion of each cluster can be allocated to the correct cost center, and organizations can have a single pane of glass for clusters that span multiple accounts and even multiple cloud providers
- Obtain visibility into how much container resources are idle, helping teams be more efficient by reducing the cost of unused resources and optimizing spend
Cost Sharing: Operationalize the Full Allocation of Shared Cloud Costs
Cost Sharing helps organizations fully allocate cloud spend by operationalizing the distribution of costs enterprise-wide across groups, eliminating the need to track and manage them in complex error-prone spreadsheets. This improves accuracy and raises awareness of attributed shared costs across business dimensions such as Department, Cost Center or Chargeback Code.