Ways to Monitor ROI for Multiple Clouds

The widespread adoption of cloud computing can be attributed to its well-established economic benefits, which include reduced Total Cost of Ownership (TCO), faster time-to-market, and higher service quality as compared to traditional IT setups. In search of flexible payment options, scalability, elasticity, resilience, and other features, the majority of businesses have moved to cloud service providers like Alibaba Cloud, Microsoft Azure, Google Cloud Platform (GCP), Amazon Web Services (AWS), and Alibaba Cloud.

The cloud's ability to offer an adaptable and dynamic platform for development and innovation is another factor driving its uptake. But businesses run the risk of losing sight of cloud ROI even as they embrace cloud for developing cloud-native apps.

Hybrid cloud configurations, which include public and private clouds, are used by a lot of businesses. These configurations combine public cloud resources with physical servers located on-site or in a hosted virtual private cloud, or VPC. One of the main forces behind hybrid clouds is improved technological control.

It enables businesses to design an infrastructure that meets their unique demands. For example, they can choose hardware that meets security and performance standards, grant root access to their teams, and divide their networks logically or physically according to their requirements.

It's true that hybrid and multi-cloud configurations are considered to be a good way to minimize expenses, but the process isn't that easy. Each self-service portal provided by a cloud service provider has distinct workflows, dashboard views, reports, and KPIs. As a result, users of multi-cloud configurations must alternate between the portals for resource provisioning and management.

Once more, different clouds have different regulations regarding authentication and account management. Administrators are frequently forced to select and remember several passwords for distinct accounts due to the differing requirements for password strength.

Intucloud provides a simple method for enhancing multi-cloud expense visibility. Organizations can gather and evaluate cloud costs in one location by connecting to AWS, Azure, and GCP accounts with ease with the Intucloud Cost Analysis tool. Multi-cloud customers may readily connect usage and expenditure data, spot inefficiencies in provisioning, manage virtual sprawl, and examine their cloud spending when it's all in one location.

The software offers cost-related insights arranged according to categories, geography, services, and other criteria. Additionally, it can notify users of any expense spikes and provide suggestions for cost-saving measures.