This tech talk discusses how to implement a financial management roadmap and the key requirements for cloud transparency-- the ability to allocate IT costs, usage, and value.
Know the importance of a cost management strategy and integration of capabilities to track and report on usage and costs as customers advance from physical to hybrid and cloud data center environments. Discussions and live demonstrations will show key capabilities including: Visibility of IT costs of physical, virtualized and cloud resources, storage and network resources, applications, and other non-IT cost drivers. Common reporting and usage metering coverage for measuring, analyzing, reporting and invoicing based on usage across IT. Insights into the relationships between virtualized and physical IT assets to determine utilization of shared resources to determine efficient departmental and project behavior to lower TCO. Advanced analytics of collected data from shared devices, to track resources and manage capacity according to business organizational structures and needs. Automating chargeback reporting to internal organizations and external clients by integrating with accounting and billing systems. Integrate secure cloud usage reporting with cloud provisioning and management strategy to allow users to manage the infrastructure cost for cloud offerings.