Many companies turn to the cloud with organizational productivity in mind and soon find that tendencies of over-provisioning, a lack of financial visibility and abandoned infrastructure result in inflated costs. Cost management soon becomes a crucial factor in a successful cloud strategy.
When enterprises attempt to define the scope of the “Cloud Cost Management” challenge they often arrive at three fundamental components:
Budgeting - The ability to create budgets and enforce them on projects
Visibility - The ability to track spend at a granular level
Accountability - The ability to perform chargeback/showback in an efficient manner
In this solution brief, we discuss how Scalr approaches Cloud Cost Management, and why reporting simply isn't enough to reign in costs in the cloud. Scalr offers not just actionable information, but the preventative actions as well.