Leverage cloud financial intelligence systems with AWS

June 30, 2014 Off By David
Object Storage

Grazed from TechTarget. Author: David Linthicum.

The use of Amazon Web Services (AWS)-based resources requires that we understand how those resources are consumed. It should include answers to the questions: who, what, when, where, why and how much. Last month we discussed how to understand and manage your AWS bill. This month let’s explore how that bill tracks back to specific resources and consumption patterns through cloud financial intelligence systems.

To reach this goal, we need to determine patterns of cloud use that lead to demand planning capabilities, as well as revenue or cost projections. This information should be presented in such a way that it’s not only operationally effective, but effective in driving core decision support around the use of single-, hybrid- or multi-cloud –based resources…

As I work with enterprises that are in the process of deploying clouds, I find that most of the value of cloud computing comes from IaaS providers, such as AWS. However, there is much confusion about how to understand and track resources that many consider to be a black box…

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