To Be or Not to Be in the Cloud … The Evolution of Enterprise Software Portfolio Management

Organizations are moving toward cloud-based architecture at a rapid pace.

Alongside evaluating which cloud model best suits your business needs, customers should also consider cloud portfolio management solutions to help them manage their cloud spend in addition to their on-premises software portfolio, since 85-90% of enterprise software still resides in-house.

Cloud portfolio management refers to the tools and processes required to help organizations track spend and governance for cloud based resources. As organizations become increasingly more reliant on the cloud, having this visibility is crucial to ensuring that organizations remain within budget, secure, and operating within the terms of the license agreement.

Cloud portfolio management must be integrated with the broader software portfolio management process in order to achieve clear visibility into all assets in the organization’s stack, on-premises or in the cloud.

source: Forbes

In order to aid customers with this transition from on-premises to cloud, we developed the PyraCloud platform – a cloud-based software portfolio management platform that helps organizations manage both their cloud spend and on-premises software portfolio.

PyraCloud’s mission is to provide full transparency into its clients’ software usage and spend by integrating on-premises and cloud software into a single view. Since the vast majority of enterprise workloads still remain on-premises, early adopters can use PyraCloud’s robust analytics to justify the steady migration of non-mission critical applications into the cloud, while still maintaining key workloads on-premises. Listed below are a few benefits of moving to a cloud based-architecture:

• Faster development cycles as our developers can self-provision DevOps environments. Now our developers can move faster on application builds without waiting to physically provision hardware and software resources
• Drive PyraCloud functionality into production faster and scale as required
• Ability to collaborate with developers, architects, and designers on the development of PyraCloud functionality
• Ease of on-boarding customers
• Easier integration with cloud resources to track consumption
• Ease of on-boarding and integrating with customer cloud resources
• Improved platform performance
• Faster bug fixes

If you are considering on moving to the cloud but are concerned about licensing and compliance, which cloud services are most viable to your needs, or on-going management and support, then you might also want to consider something like AzureSimple, which provides each of these in a single package in addition to leveraging PyraCloud’s spend management capabilities.