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The latest News and Information on Cost Management and related technologies.

Spend Intelligence: Enjoy the Ride!

Every product is a never-ending journey and Ivanti Neurons for Spend Intelligence is no exception to the rule. From the very beginning, our teams have set out to target core fundamental problems that we hear people in asset management struggling with on a day-to-day basis. To imagine this on more metaphorical level, just think for a moment: you are going on a road trip and your next destination is an amazing seaside resort with fabulous weather with your every want and desire close at hand.

What Is Cloud Management? The Ultimate Guide

According to AWS, “Creating a software system is a lot like constructing a building. If the foundation is not solid, structural problems can undermine the integrity and function of the building.” This is especially true when it comes to the cloud. If an organization doesn’t effectively oversee key areas of its foundation, it’s likely the result is not going to be successful. When it comes to cloud management, we look at it through the lens of the AWS Well-Architected Framework.

How CloudZero Manages Cloud Costs During Our Product Discovery Process

Like any SaaS organization, CloudZero cares about our COGS, margin, and unit cost. As you can imagine, we have a fair amount of insight into how those numbers are changing every day thanks to being “customer zero” on our cloud cost intelligence platform. Talking with other companies, I often find that the best organizations understand that measuring the cost implications of new products and features once you’ve deployed them can be too late.

6 Strategic Recommendations FP&A Can Make With Cloud Cost Intelligence

If you're in FP&A, it can sometimes feel like outsiders think your job is all about routine tasks, like tracking budgets and reporting on cost — which couldn’t be further from the truth. A great FP&A professional deeply understands the business, has a strong command of its metrics, and uses that data to serve as a trusted advisor and partner to stakeholders. You’re not just a “counter” and “tracker” — you’re a driver of strategic outcomes.

How To Create A Cloud Center Of Excellence (CCOE)

Establishing a Cloud Center of Excellence (CCOE) is an important milestone in every company’s cloud computing journey. While it is usually not the first milestone — which is focused on delivering value to customers — this milestone is reached as the company grows and scales. Turning ad-hoc cloud initiatives into a company-wide strategy, the CCOE helps the business to manage the cloud process and adopt best practices.

What Is Amazon ElastiCache? Everything You Should Know

Rolled out in 2011, AWS ElastiCache has grown to become one of the most prominent Amazon services among developers. So much so that in the 2020 Stack Overflow Developer Survey, one of its fully-managed engines was voted by developers as the most loved database. On the flip side, however, AWS ElastiCache happens to be infamous for its high costs. Although it offers a flexible pricing system that charges you only for what you use, the usage bill can get pretty high for some users.