Cloud Cost Management & Optimization

Optimize cloud resources for cost, speed, and quality

A Revolution in Infrastructure Procurement

Public cloud has completely revolutionized how organizations procure IT infrastructure. It is now possible to provision servers and software applications in moments instead of months, with decisions made by decentralized teams of engineers and no longer gated by finance.

The shift to this dynamic spending model demands new governance processes, or organizations risk unnecessary waste and poor ROI. This necessitates breaking apart consolidated cloud bills of millions or billions of lines, assigning costs back to the business groups responsible, and surfacing opportunities for cost savings.

15%

Ongoing Savings
"Increased cloud usage, along with an immediate ROI, makes the adoption of CCMO tools an easy and compelling choice."
– Forrester

Common Cloud Bill Challenges:

Monthly cloud bills routinely run into the hundreds of millions of lines
Most lines represent the cost of one resource for an hour or day
Each cloud vendor has a completely different format and underlying concepts
Billing exports are usually updated multiple times per day

Cloud Cost Management & Optimization Solves the Problem of...

Managing massive, consolidated billing files

Automatically categorize all cloud costs with near-real-time ingestion of billing exports from AWS, Azure, and GCP. Allocate costs back to the groups responsible with full chargeback through reports made available to all stakeholders.

Holding teams and individuals accountable

Enable teams to engage with their allocated spend through single-pane-of-glass visibility and resource-level analytics across the major cloud providers. Proactively notify individuals of significant cost events and budget compliance.

Actioning optimization opportunities at scale

Automatically push rightsizing recommendations for VMs, DBs, and Volumes directly to engineers. Improve rates by giving FinOps experts visibility into commitment coverage and additional purchase opportunities.

IBM Cloudability: The Leading Cloud Cost Management & Optimization Solution

Ensure 100% of costs are allocated using the business mapping engine as part of an automated showback or chargeback.
Curate a set of org-wide dashboards with the most important KPI and trend information available to each user with personalized views.
Configure the policy-driven rightsizing feature to push only the most impactful optimization recommendations to engineers.

Typical Customer Outcomes

30%

Reduction in cloud costs

100%

Allocation of cloud program costs

90%

Reservation coverage

IBM Cloudability Named a Leader in the Forrester Wave™: Cloud Cost Management and Optimization, Q3 2024

IBM Cloudability has been named a Leader in the Forrester Wave™ among cloud cost management and optimization (CCMO) providers in Q3 2024. The report says that IBM “provides the most complete full-stack CCMO solution.” Read the full report to learn more.

Accumulated over $200,000 of annual savings through changing how they deploy VPCs (virtual private cloud)
Determined the most cost-effective compute and storage options on an application-by-application basis

Read the case study