MSPs can’t afford to use a Cloud Management Solution (CMS) that doesn’t follow their FinOps standards. Even with useful features, if a CMS hasn’t seen significant upgrades since its launch, it’s likely outdated and not meeting industry standards. If you can’t count on a CSM for the best FinOps recommendations, can you call them reliable partners? That’s just one of the major differentiators between us (Anodot) and Yotascale.

It’s 2024, and businesses are projected to spend over $1 trillion on the cloud – and yet, where the costs go is still a mystery. Sure, people say that a cloud or hybrid environment is more budget-friendly than on-prem, but what factors increase or, more importantly, decrease your monthly bill? We’ll help demystify things with Microsoft Azure. Read on to learn how one of the largest cloud providers decides what to bill you each month.

As of 2023, 94% of companies use cloud services. Migrating has many upsides. Scaling is more accessible; you can save money by leaving on-prem and have more control. There is one big con, though (navigating cloud migration difficulties aside): Managing a cloud environment is a full-time job. And that’s just one cloud environment! Suppose your company is working with a multicloud environment, optimizing usage and costs, and monitoring output/input while juggling security.

Load balancer is a system that distributes network traffic across a group of servers. AWS’s load balancing service is called ELB (Elastic Load Balancing). It automatically distributes incoming traffic across multiple targets like EC2 instances, containers, and IP addresses. It essentially acts as a traffic cop for your application, ensuring high availability and scalability.

We’re back with this year’s cloud cost report. This time around, we’re mixing things up a bit. Don’t worry. You’ll still get an in-depth look at cloud cost in the FinOps industry, but you’ll get more insights with our data-driven results from leading reports and Anodot’s customers. If you’re already reaching out to grab that report, you can find it here.

Network Address Translation Gateway or NAT Gateway is a managed service provided by Amazon Web Services(AWS) that allows instances in a private Subnet within a Virtual Private Cloud(VPC) to connect services outside the VPC. NAT ensures that even though your instances can connect to the outside world, outside services can’t establish a direct connection with them. It’s a tool that secures the instances, simplifies network architecture, and reduces administrative overhead.

As of 2023, 89% of companies rely on a multi-cloud approach. Operating in the cloud is no longer a plus but a competitive necessity. Migrating from a fully on-prem to a hybrid or fully cloud environment isn’t exactly easy though, especially given the impenetrability of cloud data. Cloud monitoring enables your company to be proactive about its cloud services, ensuring that availability, security, performance, and other aspects are all up to par before reaching the end-user.

Our Cloud Cost platform just got some practical upgrades to help you manage cloud costs better and boost your operational efficiency. Curious about the new features? Let’s jump right in! Forecast in ChatGPT Interacting with cloud cost data just got easier and smarter. Ask any cost-related question using natural language, and let CostGPT do the rest. It instantly delivers insightful visualizations and forecasts of your cloud costs.

As of 2023, 89% of companies are using a multi-cloud approach. The race to the cloud might feel truly like that – a race – but the finish line isn’t hybridization or even a full migration. Even after you’ve made it to the cloud, there’s still more work. Namely, determining cloud costs. Microservices, containers, Kubernetes made resource costs, associated costs and more are near-impossible to sort though.

FinOps is a cultural practice that brings financial accountability to the world of cloud computing. It’s a strategic approach that aids organizations in understanding their cloud costs and making informed business decisions. FinOps is a new way of managing costs in an IT environment that is increasingly shifting towards the variable cost model of cloud services. It combines the best of the technical and financial worlds, resulting in an effective model for managing cloud costs.