The adoption of multiple cloud services has increased the complexity of managing and optimising cloud spend. This can be a challenge for organisations with diverse business units, applications, and services.
To address this issue, YäRKEN has developed Cloud Business Lens, a comprehensive cloud spend management solution that aggregates all cloud spend, including additional costs such as labour, software license fees, and shared costs.
Cloud Business Lens integrates with FinOps solutions and extends into Technology Business Management (TBM) all in one platform focused solely on cloud.
Cloud Business Lens provides transparency on overall spend to manage and operate in the Cloud. This ‘show back’ of all cloud spend enables Infrastructure managers to have the single source of truth on multiple spend dimensions for the cloud.
The Need for Cloud Spend Management
Accurately tracking and managing cloud spend has become a critical task as more organisations embrace cloud computing. This is particularly true for those who utilise multiple cloud vendors, pricing models, contracts, and payment methods. Without proper cloud spend management, organisations risk overspending and running into financial inefficiencies.
Furthermore, moving to the cloud requires a deep understanding of the Total Cost of Ownership (TCO), as software, networking, and other resources like labour remain constant, if not increasing, over time.
YäRKEN's Cloud Business Lens provides organisations with the necessary tools to gain control over cloud spend and achieve cost savings.
Empower Your Cloud Journey : Gain Control, Make Better Decisions
With Cloud Business Lens, organisations can: