Compare BMC Multi-Cloud Management vs. Nutanix Cost Governance

Facilitate seamless transitions to the cloud by offering insights on evaluating what should be migrated, estimating associated costs, and ensuring robust security measures. Often, IT and business leaders find themselves taken aback by the substantial monthly or yearly fees incurred from cloud service providers. With public cloud service consumers spread throughout the organization, IT faces the ongoing challenge of managing expenses effectively. Companies today are compelled to deliver services across various multi-cloud platforms, devices, and channels with optimal precision and speed, while keeping costs to a minimum. BMC simplifies the process of enhancing service delivery and fulfilling user expectations across a diverse array of on-premises, cloud, and hybrid IT solutions. Additionally, a lack of thorough visibility into multi-cloud infrastructures hinders IT's ability to consolidate and prioritize necessary fixes, conduct audits, or understand which assets are linked to specific business operations. Therefore, it is crucial for organizations to implement strategies that not only promote effective cloud migration but also ensure ongoing management and optimization of their cloud environments.

Enhance financial accountability by leveraging smart resource allocation and precise monitoring of cloud metering and chargeback through NCM Cost Governance, previously known as Beam. By utilizing this system, organizations can gain improved visibility, optimize performance, and maintain control throughout public, private, and hybrid multi-cloud environments, ensuring that cloud expenditures remain manageable. Understanding spending across both public and private clouds streamlines the processes of cost management and governance in multi-cloud scenarios. Companies can realize savings by automating various tasks, adjusting resource sizes appropriately, and making informed decisions about reserved instance purchases. Resource costs can be allocated on a consumption basis, while a multifaceted chargeback approach reinforces governance efforts. The total cost of ownership accurately reflects the true expenses associated with operating a private cloud, incorporating all IT administrative costs as determined by customizable industry benchmarks. Furthermore, organizations can automatically generate reports detailing cloud consumption to assign untagged expenses to specific cost centers, and they can configure budget alerts to maintain costs within desired limits, ultimately fostering a culture of financial discipline. This proactive approach to cloud cost management not only enhances visibility but also drives strategic decision-making across the organization.