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Cost Management

The latest News and Information on Cost Management and related technologies.

The 7 Best Cloud Financial Planning Solutions For Managing Costs

Making better decisions doesn’t always require more data. Finding the right data and making sure the right people have it at the right time does. This is particularly important for companies that use the cloud. Using cloud financial planning solutions is an excellent way to automate, extend, and align goals with business outcomes in light of the cloud’s complexity. The solution can also help eliminate cumbersome, error-prone manual processes.

AWS Cost Allocation Tags Explained: When Should You Use Them?

Knowing only how much you spent on your AWS bill each month isn’t enough to provide the cost visibility you need to make cost-aware engineering and business decisions. It's why AWS introduced tags. Tags enable AWS users to label their resources to track cost and usage in the vast AWS infrastructure. The goal of tagging is to help you understand who, what, and why your cloud spend is changing.

The Best Engineering OKRs: 5 Real Examples That Get Results

As a framework for goal-setting, the Objectives and Key Results (OKRs) methodology is an incredibly useful tool when implemented properly. It can help your engineering team better plan and stay aligned toward common objectives through the duration of the development process. On an individual level, OKRs can also encourage each team member to make personal progress toward their own goals or common team goals that would benefit the company.

AWS Budgets Vs. AWS Cost Explorer: The Ultimate Comparison Guide

AWS currently offers over 200 services. Some of those make up the AWS Cost Management suite. This group comprises AWS Cost and Usage Report (CUR), AWS Budgets, AWS Cost Explorer, AWS Cost Categories, and AWS Cost Anomaly Detection. Budgets and Cost Explorer are an excellent pair of complementary tools in this group. They have similarities that cause users to wonder if they need both and, if so, why. Here is a brief overview of the differences between AWS Budgets and Cost Explorer.

10 Best Snowflake Monitoring Tools (Updated 2022)

The Snowflake data cloud offers powerful data warehousing, analytics, and processing tools. The platform can handle many data workloads on one platform, helping organizations turn data into actionable insight across teams, departments, and regions. Snowflake’s architecture is also unique. Compute and storage are completely independent and both are highly elastic. Yet, Snowflake's per-second billing and highly elastic compute model demand frequent usage and cost monitoring.

Why Enterprises Need Self Service Analytics

Self service analytics are becoming increasingly popular and essential in this data-driven world. For many businesses, there is a growing need for their internal departments to access their data and business intelligence and harness its power themselves. Traditionally, business intelligence processes are the purview of IT teams and data specialists.

How To Conduct A Cloud Cost Analysis: A Step-By-Step Framework

Business leaders and team members face countless decisions every day, some of which are certain to have an impact on the future of a company. Perhaps the most impactful to a SaaS company’s bottom line are financial decisions related to the cloud. Engineers and team leads need to know which cloud architecture choices are worthwhile and which should be scrapped in favor of a more cost effective model.

AWS Cost Categories Vs. Tags: How To Get True Cloud Cost Visibility

Although Amazon Web Services (AWS) announced cost categories a few years ago, many people still struggle to understand the difference between them and AWS tags. If this sounds familiar to you, you are not alone. This quick guide will walk you through AWS Cost Categories, how they work, and how they differ from tags in AWS.

Anodot Cloud Costs vs. CloudHealth by VMWare

We are often asked what’s the difference between Anodot and CloudHealth. Since both platforms offer cloud cost management solutions, the differentiation might be unclear. In this article, we’ll quickly clarify what each platform is built for, and why — despite some overlaps in features — these are two fundamentally different creatures.

Engineering's Role In Setting A Winning SaaS Pricing Strategy

Companies that effectively implement SaaS pricing and packaging have the distinct advantage of being able to provide their customers with a high level of value at a reasonable price. And, they’re able to do it in a way that is profitable and worthwhile for the business. The problem is that packaging and pricing SaaS products is anything but simple. There are a lot of variables involved in deciding on a SaaS product’s pricing strategy.