Overview
Managing Cloud Cost and Maximizing Cloud Value
With enterprise cloud spend on the rise and frequently managed ineffectively, controlling and reducing these expenses has become more urgent than ever for today’s businesses. Organizations need a FinOps practice that drives financial accountability, cost efficiency, and cost optimization for consuming cloud services.
DMI’s FinOps+ solution helps customers with governance automation, total cost visibility, and continuous cost optimization. More specifically, our solution includes several key functions: (1) cost observability provides total visibility into current and historical cloud costs; (2) cost optimization applies AI to continuously right-size cloud resources, detect wasteful resources, and provide evidence-based recommendations for optimizing cloud procurement; (3) cost governance detects wasteful cloud resources and automates change management processes; (4) and cost communications automates communications on cloud expenditure and provides charge-back/show-back reports for clear understanding of cloud spend.
Business Benefits
Improve Budgeting with Evidence-based Cloud Cost Forecast
DMI's FinOps+ solution analyzes historical spending patterns and resource usage data to create accurate budget forecasts, minimizing the risk of budget overrun.
Drive Cost Visibility and Financial Accountability
Continuous monitoring of cloud resource provisioning, utilization, and costs allows customers to make informed decisions on cloud cost management.
Foster Cross-Organization Trust and Collaboration
DMI's FinOps+ solution fosters close collaboration among finance teams, cloud operation teams, and application development teams by providing access to a single source of truth.
Automate End-to-end Cost Management Lifecycle
The AI factory provides out of the box LLM evaluation metrics that helps evaluate and monitor conversational dialogs and generated responses for better compliance with organizational or industry-specific policies.
Control and Reduce Cost
Our Cloud FinOps+ solution eliminates wasteful cloud resources and usage behaviors, drives optimized cloud application architecture, identifies cost optimization opportunities, and delivers better cost efficiency.
Maximize Business Value and Accelerate Innovation
With effective cloud cost management, organizations can allocate more resources to innovation and strategic initiatives, driving greater business value.
FEATURES
Detailed Observability
DMI Cloud FinOps+ provides multi-cloud support and observability of both performance and cost data in a single pane of glass. It offers near real-time granular visibility into cloud spend, broken down by desired categories. The solution enables real-time cost and utilization data analysis on various resources and services, as well as trends for each resource.
Continuous Optimization
The solution offers data-rich analysis for continuous resource rightsizing across multiple clouds, along with comprehensive resource and service optimization and automation. It also provides intelligent resource scheduling.
Cost Optimization for Cloud Native Services
DMI Cloud FinOps+ optimizes containers and Kubernetes configuration and startup/shutdown operations. It also monitors and optimizes costs for serverless and PaaS services.
Smart Governance
The solution implements tagging for accurate cost allocation. It provides budget control for multi-cloud projects and shared resources cost split. Runtime security scanning, KPIs tracking, and automated alerting for abnormal usage or exceeding budget thresholds are included.
Continuous Rightsizing and Cost Optimization Powered by AI/ML Technology
DMI Cloud FinOps+ continuously monitors and analyzes cloud resource utilization for automatic rightsizing. It detects unnecessary spending, provides recommendations for rightsizing, visualizes resource utilization trends, and right-sizes all cloud resources.
Flexible Dashboard
DMI Cloud FinOps+ provides a single pane of glass reporting on actual spending, budget performance, forecast, and optimization actions. It offers self-service with role-based access controls, allowing users to access relevant data without involving developers or administrators.
Insights
