Digital management and analytics firm Hitachi Vantara introduced a new offering aimed at helping organizations optimize cloud economics. When deployed to hybrid, multi-cloud, or distributed cloud services, the Hitachi Cloud FinOps Services is designed to balance cost, speed, and quality.
“Managing cloud costs and investments across multiple cloud environments is complex and it’s easy to overspend on cloud services with limited visibility and predictability on utilization,” said Roger Lvin, president, Digital Solutions Business Unit, Hitachi Vantara. “Hitachi Cloud FinOps Services addresses this complexity and lowers the total cost of ownership through mapping spend data, tagging, allocating shared costs equitably, and recommending data-driven cost take-out measures.”
The services are delivered through a unique E3 methodology, which is a comprehensive application and data modernization approach that enables clients to envision, evaluate and execute a FinOps-led program to address the complexity of managing cloud environments.
With Hitachi Cloud FinOps Services customers receive a turnkey solution that will allow them to assess the customer’s current cloud cost relative to benchmarks, industry standards and provide a recommendation on where costs can be optimized. They can also implement changes that will take out costs from cloud platforms and enable the effective use of real-time cloud cost decision support. Cloud experts map spending data to the business, define budgets and forecasts, set tagging strategy and compliance, build AI-enabled cost anomaly detection, budget alerts for cost visibility, cost recovery and predictability.
For enterprises that need continuous as-a-Service support for managing cloud costs, Hitachi Vantara offers an always-on, managed service to optimize and govern cloud spend against business objectives. This includes automated enterprise-wide cloud consumption reporting, resource tracking, cost monitoring and continuous cost optimization through right-sizing and usage of correct cloud services. Hitachi Vantara delivers automation and integration for managing cloud cost metrics and supports cloud service lifecycle management through financial analysis and cost management.