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IBM ApptioIBM Cloudability Feature
Commitment-Based Discounts
Maximize cost savings across cloud providers
Commitments such as AWS and Azure Savings Plans, Reserved Instances (RIs) or GCP CUDs provide great opportunities to save on cloud spend. Yet determining how much new spend is safe to commit to or how best to modify existing convertible RIs can be extremely time consuming – and is an ongoing process.
Many organizations today still rely on complex spreadsheets for this analysis, and remain unsure if they are making the right decisions. IBM Cloudability is the only solution that helps organizations manage resource-based and spend-based commitments across AWS, Azure and GCP.
Gain a global view of your existing portfolio
IBM Cloudability makes it straightforward to understand the makeup and health of your existing commitments, with advanced features and insights supporting a standardized management approach across cloud providers. The Commitment Portfolio enables you to track utilization, coverage, and savings metrics at the aggregate level and to drill in for detailed analysis at the individual commitment level. FinOps practitioners can also be automatically alerted to important events such as the impending expiration of any commitment, helping avoid a drop in coverage and savings.
Increase savings with additional purchases and exchanges
IBM Cloudability’s Commitment Recommendations analyzes your historical usage patterns and current portfolio to identify additional savings opportunities via further purchases and exchanges. This is delivered to you through interactive charts and actionable metrics, empowering you to take action with confidence. With hourly granular data, you can clarify peaks and troughs in usage, what usage is already covered by existing commitments, and the on-demand component that is coverable.
Tune recommendations to your exact needs
Adjust recommendations by setting options and thresholds so you can focus on the purchases that match your strategy. These include:
- Date range of analysis
- Term length
- Payment model
- Savings rate threshold
- Utilization rate threshold
- Target coverage percentage
- Service-specific options
Analyze impact on cash flows and highlight breakeven points
Compare all options for RIs, Savings Plans, and CUDs and their impact on your cash flows over the commitment term. Quantify the savings each option delivers when compared to running on demand. These insights surface the breakeven point of any purchase, the point at which the total commitment is exceeded by total savings, to help make your business case internally.
See IBM Cloudability Features in Action
Contact us to start a free trial and explore Cloudability’s full feature set.
Cloudability features
With IBM Cloudability, FinOps teams from finance to engineering to product and organizational leadership can all work together to maximize the value of their cloud spend. Cloudability’s robust features address fundamental FinOps domains and capabilities.
Understand cloud usage and cost
Work together to gather all the required information to perform FinOps including cloud cost, cloud usage, observability, utilization, sustainability, and other data.
Quantify business value
Connect usage and cost data to business benefits and map cloud costs to budgets. Leverage historical data and plans to forecast while aligning with KPIs and benchmarking against peers.
Optimize cloud usage and cost
Focus on cloud efficiency by ensuring that only resources that provide benefit to the organization are used and are consumed at the lowest possible cost.
