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The latest News and Information on Cost Management and related technologies.
11 Vital Metrics And Tools For SaaS Reporting
Successful SaaS companies know that they can't rely on gut feelings alone to make business decisions. Data helps them uncover patterns, trends, opportunities, and potential gaps in their strategy that can give them a competitive advantage. Yet, simply collecting metrics can often give you a lot of data to analyze with little insight into what to do next.
4 Signs Your Cloud Cost Strategy Isn't Working (And How To Fix It)
Flexibility is one of the cloud’s biggest benefits, but also one of its biggest challenges. When you have different teams using resources in the cloud and deploying instances at the click of a button, your cloud environment could easily become chaotic. Without a definitive plan governing your cloud operations, your costs will inevitably spiral out of control. A cloud cost strategy is your action plan for managing costs and staying profitable while working and building products in the cloud.
How to avoid spiraling up Azure Subscription costs?
Cloud adoption has got a tremendous uptrend as never before. The World pandemic has made startups, and enterprises move their legacy systems into Cloud to cut huge infrastructure maintenance costs. According to Gartner, cloud spending is forecasted to increase 23.1% at $332.3 billion in 2021 from $270 billion in 2020. We can even see enterprises using BizTalk servers moving to the Azure Cloud for better maintenance and features that confirm the above forecast.
5 Myths About Cloud Cost Optimization Every SaaS Company Should Know
Anyone familiar with the cloud understands there are a lot of misconceptions about how it works. For example, businesses often assume that operating in the cloud will be inherently less expensive than managing an on-premise application. But this is not always the case. In fact, your monthly cloud bill could be the same or more expensive than your on-premise costs.
How Netflix, Lyft, Slack, And Other Top Tech Brands Manage Cloud Costs
Breakthroughs in engineering best practices often stem from a handful of top tech companies. Many of them share their behind-the-scenes stories at conferences, in blogs, and slide decks — or open source code. These companies invest millions of dollars and dedicated headcount in optimizing everything from uptime to engineering velocity — so why wouldn’t you look to them for inspiration?
Good Vs. Bad FP&A: 5 FP&A Best Practices You Should Be Using
Financial planning and analysis is becoming an increasingly strategic part of a SaaS organization. The role of finance is no longer about just taking inputs and calculating how they affect financial plans, but about driving business outcomes through effective financial planning. There is a popular Andreessen Horowitz article titled “Good Product Manager/Bad Product Manager” that showcases best practices compared to worst practices.
Breaking The Tag Barrier: A Better Way To Organize Cloud Spend
Tagging, as a means of organizing our cloud environments, has utterly, totally, failed us. If you have authored a tagging policy document, begged your engineers to properly tag their stuff, or just plain given up, then you know what I'm talking about. Tagging is broken, and I don't mean broken in a way that can be fixed, but rather that the entire concept just isn't getting the job done.
Controlling Cloud Cost Requires a Change in IT Financial Perspective
For IT practitioners, cloud can initially seem like a candy store where everything is enticing and delicious and cheap enough to seem free. What they don’t realize is how quickly costs can add up or be amplified when cloud options are opened to teams across the organization. In this video, SolarWinds Technical Content Manager for Community Kevin M. Sparenberg and Head Geek Leon Adato discuss the need for IT professionals to become more proficient in speaking the language of business and seeing cloud solutions from more than just a technology perspective.
The Legacy Of Infrastructure As Code: CloudZero Dimensions Transform Cloud Cost
Few practices exemplify the impact of DevOps more than Infrastructure as Code (IaC). Anyone who remembers hearing “I don’t know why it’s not working; it worked on my machine …” can vouch for this! IaC provides a standard way to create declarative descriptions of infrastructure to represent desired environment states — essentially allowing teams to manage IT infrastructure using configuration files.