Many companies are failing to manage their cloud environment effectively, and are dealing with the daily headaches that come as a result. It’s become much easier to purchase new software or services, which means it’s even easier for spending to increase. Not effectively managing those expenditures can spin quickly into headache #1 – overspending.
A cloud fundamental is that you pay only for the computing power you use. If a company can plan usage or reserved instances then that will yield significant cost savings. However, most organizations lack the visibility to prepare for future needs accurately. Furthermore, companies are becoming more agile in the cloud. Development teams and business units can now gain immediate access to the resources they need through the push of a button. IT Directors live with a general fear that a developer will provision an expensive service that will create a $30,000 bill in a week and that they’ll only find out about it when it is too late.
In Azure, one of our developers was prototyping adding support for a service called Data Warehouse. He clicked a few buttons and launched it, went to lunch, came back and completely forgot about it. About a month later, our CFO looked at our bill and Slacked the team “who spent $5,000 last month on Microsoft Azure?” This happens to companies ALL the time. If DivvyCloud had the Cloud Service Cost Coverage feature when this incident occurred, we would have gotten an alert, and even though we don’t support Data Warehouse we would have seen the Data Warehouse charge. That charge may have gone from $0 to $100, but we would have identified the anomalous spend before it got out of control.
DivvyCloud gives you the right kind of data, to be able to make the right kind of decisions to take actions that protect you from cost overruns and waste.
DivvyCloud has added the ability to link a cloud account to your master so we can get the bill. When you look at your AWS, GCP, and Microsoft Azure bill, you’ll notice: 1) these bills are enormous—even the non-line item bills are 200 megabytes; and 2) they take all of these hourly and second charges then they bubble them up to a service: things like AWS Elastic Compute Cloud and AWS Support. DivvyCloud historically tracks that data and pulls it down once a day. Now you can quickly analyze your historical spend on one or more cloud services. You can then configure policies around cost and service tracking that alert when spending exceeds thresholds you have set. For example, “Alert me when EC2 spend exceeds $300 in the period, across all of my development accounts.”
This feature helps mitigate the risk mentioned above, that a developer will provision an expensive service that will create a $30,000 bill in a week, and that you’ll only find out about it when it is too late.
Interested in learning more? Get your free trial and see how our features will protect you from cost overruns and much more.
DivvyCloud delivers comprehensive policy-driven security, compliance, and governance for cloud infrastructure (AWS, Azure, GCP, Alibaba Cloud, VMware, and OpenStack). Our software performs real-time discovery of connected clouds, distills this data into actionable insights, and then makes it easy to configure policies that are automatically enforced across all clouds. In essence, we provide virtual guardrails for security, compliance, and governance that help customers like GE, Discovery, and Fannie Mae go big and go fast in the public cloud, but still stay secure and compliant.