Cloud Total Cost of Ownership
Bring financial accountability to the total cost of running cloud
The Whole Cloud Cost Story
Cloud costs don’t end with your monthly AWS, Azure, and GCP bills. Monthly invoices only represent a part of the cloud cost story.
To measure cloud program TCO, cloud leaders need to bring direct and indirect cloud costs together. They can then allocate them back to the business based upon team, product, or application. This helps both determine a fully-burdened unit cost measurement which indicates whether rising cloud costs correlate to accelerating innovation and profitability — or when there are inefficiencies that need to be addressed.
Common Cloud Total Cost of Ownership Challenges:
Understanding what contributes to the total cost of a cloud-based app
Determining fully loaded unit costs for an app or product
Allocating direct and shared cloud costs back to teams
Calculating which cloud apps are returning the most value
Cloud Total Cost of Ownership Solutions Help You
Cloudability TotalCost: Capture & Allocate Total Cloud Program Spend
Cloud costs don’t end at your monthly AWS, Azure, and GCP bills. Get visibility into your total cloud program spend, including:
- Observability solutions that help ensure operational and security integrity across a fleet of VMs
- Specialized cloud technologies, including CDNs and serverless data warehouses
- Labor and additional vendors like IBM and Oracle
Typical Customer Outcomes
Mapping AWS, Azure, and GCP Services to a Standard Taxonomy
With significant investment in public cloud solutions, you need a better way to compare cloud costs and improve your ROI. However, cloud costs are complex and variable; it is challenging to classify costs and produce actionable technology cost analytics. Enter FinOps!
Download the Cloud ATUM poster to learn FinOps best practices.
- Gained the confidence to increase its coverage of Amazon EC2 Reserved Instances from 40% to 60% with better visibility into AWS spending
- Saved more than $1 million by increasing Amazon EC2 Reserved Instance coverage