Best Cloud Cost Management Software for TCS ADD

Datadog is the cloud-age monitoring, security, and analytics platform for developers, IT operation teams, security engineers, and business users. Our SaaS platform integrates monitoring of infrastructure, application performance monitoring, and log management to provide unified and real-time monitoring of all our customers' technology stacks. Datadog is used by companies of all sizes and in many industries to enable digital transformation, cloud migration, collaboration among development, operations and security teams, accelerate time-to-market for applications, reduce the time it takes to solve problems, secure applications and infrastructure and understand user behavior to track key business metrics.

Software as a Service (SaaS) is emerging as one of the most rapidly expanding segments within cloud computing, with some analyses suggesting it could surpass platform and infrastructure services in growth. According to Gartner, SaaS technologies are projected to achieve revenues of $85 billion by the conclusion of 2019, reflecting a substantial 17.8 percent increase compared to earlier years, and representing a significant share of the anticipated public cloud revenues, which are expected to hit $278 billion by 2021. However, even with this surge in SaaS adoption, many IT departments in enterprises remain unaware of the SaaS applications operating within their systems or how they are being used. Therefore, it’s crucial for organizations to gain insight into their SaaS usage. Flexera has a track record of helping clients save hundreds of millions through our software spend optimization services, and we are now extending that proficiency to address the increasing demand in the SaaS domain. By understanding and managing SaaS applications effectively, businesses can not only reduce costs but also enhance their operational efficiency.

As the pace of digitization accelerates, the intricacies of managing mainframe capacity and associated costs also increase significantly. The BMC AMI Capacity and Cost portfolio enhances system availability, anticipates capacity constraints in advance, and streamlines mainframe software expenses, which can account for a staggering 30-50 percent of the overall mainframe budget. Striking a balance between risk and efficiency is essential to achieving operational resilience, necessitating clear visibility into workload fluctuations that could affect both mainframe availability and business requirements. The management of mainframe software licensing costs and pricing structures can be clarified, providing measurable business insights into technical cost data and their underlying factors. By diagnosing capacity challenges before they disrupt operations, organizations can leverage intelligent workflows informed by nearly 50 years of BMC expertise, thus empowering the future generation of mainframe systems. Additionally, effectively managing the capacity settings of less critical workloads can lead to cost optimization while simultaneously safeguarding service levels, further enhancing organizational efficiency. In this way, businesses can remain agile and responsive in an ever-evolving digital landscape.

The HPE Consumption Analytics Portal serves as the metering and analytics feature within HPE GreenLake, an on-demand IT solution from HPE Pointnext Services that combines the flexibility and cost-effectiveness of public cloud services with the security of your own data center. This platform provides detailed insights into your usage patterns and expenses through engaging dashboards and an intuitive drag-and-drop reporting interface. You can effectively manage IT expenditures with adaptable budgeting options and a recommendation system that operates based on usage metrics for consumption-driven services. Additionally, by predicting demand, you can avert potential shortages that could lead to outages, empowering you with the ability to strategically plan your resource capacity. Integrated within HPE GreenLake, the HPE Consumption Analytics Portal enhances transparency, allowing for clearer understanding of how your usage and commitments impact your monthly expenses. Ultimately, this tool grants you greater control over decision-making concerning capacity planning to ensure optimal performance of your workloads.