Home Cloud Computing What do Financial Accounting and IT Operations have in Common?

What do Financial Accounting and IT Operations have in Common?

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What do Financial Accounting and IT Operations have in Common?
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I have a confession to make. I got a P in accounting. What is a P you might ask? It’s based on the grading system business schools use to make “Type As” feel better about themselves when they are surrounded by similar types. In the real world, it’s a C.

Accounting and IT Operations

What does this have to do with IT operations? Architects and operations teams are increasingly concerned with financial decisions. After all, cloud service providers claim and often provide infinite capacity. What used to be a compute, storage and network resource constraint that required navigation is turning into a financial constraint.

To address this challenge there are multiple tools focused on aggregating billing data from AWS, Azure or GCP. Whether it’s reading the cost and usage report files from AWS, parsing that data and then allowing the user to generate custom reports, or taking that data and pushing it into a charge back workflow, the primary objective is reporting on the past and holding departments, app owners, or developers accountable for their spend.

Now I Can See

Over the last few months I’ve spoken with dozens of Turbonomic customers and even more prospects that are well on their hybrid cloud journey. Most get very excited about the ability to get better visibility and understanding of their current cloud bill because many of the cloud service providers have made it a bit harder than it should be to understand how much your spending.

Read the entire article here, What do Financial Accounting and IT Operations have in Common?

via the fine folks at Turbonomic!

Categories:
Turbonomic Turbonomic’s Autonomic Platform enables heterogeneous environments to self-manage to assure the performance of any application in any cloud. Turbonomic’s patented decision engine dynamically analyzes application demand and allocates shared resources in real time to maintain a continuous state of application health.Launched in 2010, Turbonomic is one of the fastest growing technology companies in the virtualization and cloud space. Turbonomic’s Autonomic Platform is trusted by thousands of enterprises to accelerate their adoption of virtual, cloud, and container deployments for all mission critical applications.

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