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Cloud Analytics: How You Can Accurately Analyze Your Cloud Cost | @CloudExpo #API #Cloud #Analytics
You can't control what you can’t see
By: John Katrick
Nov. 14, 2017 12:54 PM
In 2011, Marc Andreessen wrote a thought provoking article in the Wall Street Journal that software is eating the world. Today, in 2017, we can say that cloud transformation is happening all around us and cloud is now indeed eating the world. While Cloud services consumption is becoming prolific within the enterprises, it is often challenging to decipher who is using the cloud, how much is it being used and for what purposes ? Further, is the usage of cloud across the enterprise optimal? While migration to cloud is saving money, not utilizing the cloud resources optimally is nullifying some of the monetary gains. In order to better govern the cloud resources, a top notch cloud analytics engine is the need of the hour.
How do you quantify whether you achieved better productivity and reduced cost with cloud deployments? How does your organization’s leadership team correlate and compare which cloud vendor is more cost effective for you? The solution lies in having the right set of analytics tools such as dashboard and reports, to analyze the available data.
By providing a multi-dimensional view of cloud business data, usage and cost, Jamcracker Platform helps you take quick and efficient decisions about your cloud spend. The Platform’s reporting capabilities backed by a comprehensive set of technological and functional features offer an unmatched effectiveness and ease of use to both business customers and IT administrators.
The platform delivers a full range of reporting capabilities – such as Interactive Dashboards, Standard Reports, Custom Reports, Offline Reports and more. These advanced reporting data and visualization tools provide better insights into cloud sales, usage trends and much more.
Currently, the platform supports user information, order information, daily consumption, term order specification, resale activity, reseller search activity and reseller profile and branding related datamarts. You can create bespoke reports according to your requirements using any of these datamarts.
Among the custom reports you can create using datamarts, the Daily Consumption Report deserves a special mention because of its immense usefulness.
Daily Consumption Custom Report
For example, with daily consumption report, it is easy to generate the report of a linked account’s usage of Amazon EC2 service on a particular day. Another example could be calculating how much each department has spent on a particular service offer by generating reports of resources based on tags. You can also use the daily consumption report to compare the cloud consumption cost between various vendors. These are just few instances. The benefits and capabilities that that this report data can provide is tremendous. It allows you to easily view and comprehend your cost and usage report data and use them for better business decision making.
Such reports will not be displayed on the screen rather they will be listed on the Request Reports page. Once the report is available on the Requested Reports page, you will receive a notification, and then you download the reports in csv format.
Cost Optimization Dashboard
It displays the total cloud cost, cost by provider, cost by product, cost by resources etc.
In Summary, with better cloud analytics tools, enteprise IT admins are better equipped to govern, manage and control the cloud resources. Given today’s granular cloud services pricing model and frequent pricing breaks offered by the cloud services providers, keeping close tab on the cloud cost through rich cloud analytics is of paramount importance for cloud cost management. We hope that you can take advantage of the cloud analytics engine in the Jamcracker Platform and be smooth sailing as you navigate through the cloud transformation that’s happening all around you.
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