WAUKESHA, Wis.--(BUSINESS WIRE)--Today, SoftwareONE announced cloud management enhancements for PyraCloud – its end-to-end platform for managing software portfolios from on-premises to the cloud. The latest enhancements provide insights on cloud consumption based on customer’s business context and create a culture of accountability when using public clouds, such as Azure and AWS. It is critical that organizations discover and consistently track budget and spend across cloud providers in order to control costs. PyraCloud will enable organizations to manage cloud costs within budget across business units, cloud providers and applications.
According to IDC, the average business works with 13 different cloud service providers, and Gartner reports that organizations are finding public cloud bills to be two to three times more expensive than expected. PyraCloud’s enhanced Cloud Management Module is designed to address this reality. The new capabilities give organizations visibility into the cloud assets being used, and by whom, facilitating better governance, budget management and spend across all cloud providers. With the latest enhancements to the PyraCloud platform, organizations can meet the business requirements of accountability, cost control and chargeback of cloud usage across business units.
The new enhancements to the Cloud Management Module offer four key benefits:
- End-to-end multi-cloud transparency: Tag and Resource Manager allows organizations to discover, normalize and consistently track resources across cloud providers, such as Azure and AWS.
- Accountability by business unit: Custom Group Manager allows organizations to define cost structure and map cloud resources to cost structure as business units, applications or project.
- Cost control of cloud resources: Cloud Budget Manager enables organizations to create budgets by cost structure and proactively track spend against budgets for cost control.
- Customized dashboards and reports: Updated Analytics Viewer provides cloud consumption insights to stakeholders and lines of business to fully optimize usage and spend of cloud resources.
“Accountability and cost control in a dynamic multi-cloud environment has become more complex than ever before,” said Mike Gersten, global innovation and strategy officer at SoftwareONE. “As organizations move towards a dynamic, multi-cloud world, companies find it increasingly difficult to take control of their cloud environment. In many instances organizations are not able to hold users and business units accountable for their cloud spend. PyraCloud’s new enhancements provide transparency across all cloud providers, resources, users and budgets, allowing organizations to uniformly control and optimize their resources within the larger multi-cloud environment.”
Richard Bezjian, Director of Engineering at LA Metro, said that, “PyraCloud provided quick insights into the actual spend and trends going forward for the Azure Enterprise Agreement. We realized – via PyraCloud - that our Azure spend will be three times higher than what we actually committed and this was easier and quicker than going to the Azure Portal.”
Whether on-premises, hybrid cloud or a multi-cloud environment, PyraCloud is the only platform that provides insights into the software portfolio, for unparalleled governance of budget and spend, optimization and accountability.
The PyraCloud Platform Cloud Management Enhancements are available for immediate use. Additional information can be found at our PyraCloud Launch Landing Page.
About SoftwareONE
SoftwareONE, a global leader in software and cloud portfolio management, is modernizing the way organizations budget and optimize their global IT spend from on-premises to the cloud. The PyraCloud platform, applying machine learning, delivers the visibility, insight, automation and control customers demand to maximize their software investments. In tandem, our Software Portfolio Management (SPM) and Software Asset Management (SAM) services provide the methodology and framework to optimize the underlying IT infrastructure, accelerate cloud adoption and minimize compliance risk. Privately owned since 1985, with over 3,000 technology experts located across 80+ countries, SoftwareONE is one of the fastest growing technology solution providers in the world with elite partnerships with Microsoft, AWS, Adobe, IBM, VMware, Oracle, Citrix, Symantec, McAfee, and many more. To learn more about SoftwareONE, visit http://www.softwareone.com and connect with the company on Twitter and LinkedIn.