Spiceworks Launches Free Tool to Help IT Professionals Track and Manage Cloud Spending
Spiceworks, the professional network for IT, today announced Cloud Cost Monitor, a free online tool that connects to IT professionals’ Microsoft Azure and Amazon Web Services accounts to analyze and report on organizations’ infrastructure as a service (IaaS) costs and utilized resources. The tool’s online dashboard displays a breakdown of an organization’s IaaS spending, including weekly cost trends that can be delivered as an email report. This helps IT professionals identify and address any anomalies in their cloud usage before their monthly invoice arrives.
According to Spiceworks’ study Diving into IT Cloud Services, only 25 percent of IT professionals believe cloud services are more cost effective than on-premises infrastructure, potentially due to a lack of visibility in how their cloud services are being utilized and the impact on monthly costs. Cloud Cost Monitor is designed to help IT professionals overcome the challenges of keeping their IaaS costs under control by enabling them to track how their usage and costs are trending over time.


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