Cloud Cost Management

Master Cloud Costs: Optimize, Save, Succeed

Through comprehensive IT financial management, companies gain in-depth insights into their cloud expenditures, optimize costs, and maximize added value. Is your enterprise's cloud provision delivering value for money?

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Tackle cloud cost challenges head on

While the cloud offers numerous benefits, it also presents a set of unique challenges, particularly in managing and controlling expenses.

Lack of visibility

Managing cloud costs in multi-cloud or hybrid environments is difficult without centralized visibility, often leading to unexpected expenses and making financial planning harder.

Complex pricing models

Cloud service providers offer a wide range of services with different pricing models, making it difficult for CIOs to manage and optimize costs.

Inefficient resource allocation

Ongoing monitoring and optimization help prevent wasted spending by ensuring resources are used efficiently for each workload.

Balancing costs and performance

CIOs need to balance cloud costs and performance to achieve efficient use without compromising service quality.

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“From data to dashboard, team Serviceware’s approach to ITFM and Technology Business Management is unique: they exude service excellence in all processes. Multi-cloud customers should expect to cut costs using VMware Aria Cost powered by CloudHealth’s structured data and Serviceware Financials speedy time-to-value and TCO planning and reporting platform.”

Brigitte Orth

Director of Channel, VMware Germany

Cloud Cost Management and FinOps

Realize cloud cost savings up to 10% with Serviceware's ITFM solution that comes with cloud cost management. Gain a holistic and clear picture of cloud economics and how much money you're actually spending on cloud provisions. 

Seamlessly integrate the Serviceware ITFM and cloud cost management solution into your existing cost model. Or, with the Serviceware Digital Value Model approach, you can immediately generate insights and analyses of your cloud spend through an out-of-the-box integration into technology business management.

Seamless integration

  • Discover the true total cost of ownership (TCO) for your cloud services and downstream services, such as cloud-based applications.
  • Implement automated and cause-based billing that accurately reflects your cloud service usage.
  • Compare the performance of cloud and on-premises solutions, particularly in the infrastructure domain.

Cost transparency

  • Analyze plan, actual, forecast, and simulation values and perform deviation analysis to understand cost trends and anomalies.
  • Monitor cost developments, such as rising costs in the compute and storage sector, to ensure optimal resource allocation.

Automate cloud tasks

Develop personalized rules that automate everyday cloud tasks like billing for cloud services. Accelerate decision-making and lower potential risks.

Plan and forecast

  • Plan and forecast your cloud costs holistically as part of your overall IT budget.
  • Account for all value chain dependencies in your planning and forecasting, such as increased cloud usage driven by higher business demand for specific applications.

Hold teams accountable

Track expenses by department and encourage responsible spending in line with budgets.
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„This FinOps Foundation certification confirms Serviceware is in a tier of technology providers that deliver a software product which enables FinOps practitioners to successfully adopt FinOps best practices.” (Vas Markanastasakis, Head of FinOps Practice Management, FinOps Foundation)

See how it's done

Take a tour of our cloud cost management tool. Or book a live demo with our expert consultants today to discuss your business needs.

Cloud Cost Management Webinars

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On demand

Why FinOps Matter for IT Leaders

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On demand

TBM + FinOps or How to Translate Spend into Value

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On demand

How to avoid cloud bill shock with FinOps and value-oriented Cloud Cost Management

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