When management of this environment becomes too complex, organizations should turn to a standalone cloud cost management tool. Look for a tool that will help you cut back on spending and simplify the process. This is where PyraCloud comes in.
SoftwareONE’s PyraCloud enables you to take a systematic approach to your organization’s cloud cost management. With 75 percent of cloud spend being both unapproved and untracked, your organization needs a tool that helps you manage your global software portfolio end-to-end.
PyraCloud allows you to define your organizational structure, set up cloud budgets by business unit, geography or project and then tag cloud resources so you can keep track of your global cloud consumption in the context of your business. Plus, you will be able to chargeback cloud consumption to any defined business units or projects. The platform also enables you to allocate additional costs to offset the shared service expense of managing cloud resources.
Additionally, PyraCloud provides recommendations within the cloud environment for security, performance, availability and cost savings. It provides a holistic view of historical, current and forecasted consumption and costs, across multiple cloud providers. Essentially, it puts the control and agility back in the hands of your organization. Investing in a cloud cost management tool allows you to regain visibility and control your multi cloud environment.