Multi-Cloud Budgeting and Chargeback in Xi Beam
Businesses have increasingly been adopting a multi-cloud approach for their IT infrastructure with applications and workloads running in both public and private cloud environments. The increased adoption of public clouds has primarily been driven by the ease of deployment of resources in public clouds. Do you have a credit card? Great, off you go consuming cloud services and racking up your organization’s bill!
Xi Beam is a multi-cloud optimization service delivered as part of the Nutanix Enterprise Cloud OS. Beam provides organizations with deep visibility and rich analytics detailing cloud consumption patterns, along with one-click cost optimization across their cloud environments.
The elastic nature of on-demand instances in public cloud environments is sometimes better suited for agile workloads. However, the compromise is a loss of visibility and control over the cloud services that your engineering teams are consuming. When you have several cloud accounts across multiple cloud environments, not having a single pane of glass to provide you a holistic view of your spending patterns could lead to your budget blowing up and putting the timely delivery of your project in jeopardy.
Reining in Multi-Cloud Costs
In order to ensure that the benefits of using public clouds are not overshadowed by a huge increase in spend, there are three key things that cloud admins need to ensure:
- Gain visibility into the cloud spend across teams, business units and, most importantly, cloud boundaries
- Track the cloud spend against allocated budgets with real-time alerts to notify admins when budget is exceeded
- An effective tagging strategy that makes it easier to chargeback any unallocated spending to the appropriate cost centers
With that in mind, Xi Beam is happy to announce that today we are extending our budgeting and chargeback features to multi-cloud environments providing our customers with the visibility and control needed to keep their spending within allocated budgets across the major public cloud providers.
