SoftwareONE Enhances PyraCloud Platform to Govern and Maximize the Value of a Multi-Cloud Environment

According to IDC, the average business works with 13 different cloud service providers, and Gartner reports that organizations are finding public cloud bills to be two to three times more expensive than expected. PyraCloud’s enhanced Cloud Management Module is designed to address this reality. The new capabilities give organizations visibility into the cloud assets being used, and by whom, facilitating better governance, budget management and spend across all cloud providers. With the latest enhancements to the PyraCloud platform, organizations can meet the business requirements of accountability, cost control and chargeback of cloud usage across business units.

The new enhancements to the Cloud Management Module offer four key benefits:

• End-to-end multi-cloud transparency: Tag and Resource Manager allows organizations to discover, normalize and consistently track resources across cloud providers, such as Azure and AWS.
• Accountability by business unit: Custom Group Manager allows organizations to define cost structure and map cloud resources to cost structure as business units, applications or project.
• Cost control of cloud resources: Cloud Budget Manager enables organizations to create budgets by cost structure and proactively track spend against budgets for cost control.
• Customized dashboards and reports: Updated Analytics Viewer provides cloud consumption insights to stakeholders and lines of business to fully optimize usage and spend of cloud resources.

"Accountability and cost control in a dynamic multi-cloud environment has become more complex than ever before. As organizations move towards a dynamic, multi-cloud world, companies find it increasingly difficult to take control of their cloud environment. In many instances organizations are not able to hold users and business units accountable for their cloud spend. PyraCloud’s new enhancements provide transparency across all cloud providers, resources, users and budgets, allowing organizations to uniformly control and optimize their resources within the larger multi-cloud environment."

PyraCloud provided quick insights into the actual spend and trends going forward for the Azure Enterprise Agreement. We realized – via PyraCloud – that our Azure spend will be three times higher than what we actually committed and this was easier and quicker than going to the Azure Portal.", Richard Bezjian, Director of Engineering at LA Metro

Whether on-premises, hybrid cloud or a multi-cloud environment, PyraCloud is the only platform that provides insights into the software portfolio, for unparalleled governance of budget and spend, optimization and accountability.

The PyraCloud Platform Cloud Management Enhancements are available for immediate use. Additional information can be found on our website.

About SoftwareONE

SoftwareONE is a leading global provider of end-to-end software and cloud technology solutions, headquartered in Switzerland. With capabilities across the entire value chain, it helps companies design and implement their technology strategy, buy the right software and cloud solutions at the right price, and manage and optimize their software estate. Its offerings are connected by PyraCloud, SoftwareONE’s proprietary digital platform, that provides customers with data-driven, actionable intelligence. With around 5,800 employees and sales and service delivery capabilities in 90 countries, SoftwareONE provides around 65,000 business customers with software and cloud solutions from over 7,500 publishers. SoftwareONE’s shares (SWON) are listed on SIX Swiss Exchange.