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10.0.2
Australia, Zurich, Yokohama, Xanadu Patch 4, Xanadu
Standalone Application
Cloud Cost Management (CCM) is a comprehensive solution designed to help organizations take control of their Cloud+ spending. Built with FinOps best practices at its core, CCM empowers IT, finance, and business teams to collaborate on cost management, optimization and budgeting.
Visibility That Drives Action
CCM provides deep insights into cloud usage and costs, enabling teams to:
- Identify waste across infrastructure and platform services by analyzing usage patterns and inefficiencies.
- Recommendations for reserved instance, savings plan, and committed use discounts.
- Pinpoint ownership of cloud resources using metadata like tags and account owners, ensuring accountability.
- Act through automated workflows that implement optimization recommendations directly into IT operations.
Unified Dashboards
With a unified dashboard experience, CCM delivers:
- Visualize and drill into cloud-agnostic billing data and view forecasted cloud spend.
- Apply business filters and cloud filters to all reports and dashboards.
- Understand and act on the AI spend by various business dimensions.
- Allocate costs to consuming teams with granular showback/chargeback models.
- Manage and track spend on AI services across teams, projects, and business units.
Automation & Governance
CCM integrates seamlessly with ServiceNow workflows to:
- Automate rightsizing, shutdowns, and policy enforcement.
- Supports budget setup, cost tracking against budgets, forecasting, anomaly detection, and spend alerts.
- Enable policy-driven governance with customizable thresholds and usage policies.
- Apply native Change Management to all optimizations, ensuring controlled and auditable actions.
- Model on-prem to cloud migrations and evaluate cost differences across providers to guide strategic decisions.
Enterprise-Grade Compliance
- FedRAMP-certified for public sector use.
- Built-in change management and audit trails.
- Premier member of the FinOps Foundation, aligning with industry standards.
Cost Analytics features:
- See and drill into cloud-agnostic cost and usage data
- Apply business filters and cloud filters to all reports and dashboards
- View forecasted cloud spend
- See spend reports based on amortized spend or actual spend
Cost Optimization features:
- Rightsizing recommendations and automated actions
- Unused resources recommendations and automated actions
- Policy-based business hour scheduling with recommendations
- Recommendations on reserved instances/committed use discounts
- Native integration with change control
- Report on status of recommendations
- See who is implementing recommendations and who is not
Budgets:
- Setup budgets
- Track actual spend vs budget
- Forecasted spend vs budget
- Alerts and notifications for budgets
Cloud Cost Management highlights for the 10.0.2 PATCH release
- Performance-related defect fixes.
- Stability-related defect fixes.
Required plugins and products:
- Orchestration (com.snc.runbook_automation)
- Integration Hub Installer (com.glide.hub.integrations
- Cloud API (com.snc.cloud.api)
- Configuration Management for Scoped Apps (CMDB) (com.snc.cmdb.scoped)
- ITOM Java Utilities (com.itom.jutils)
- MetricBase (com.snc.clotho)
- Cloud Cost Management Infra Stack (com.sn_cld_infra_stack)
Prerequisites:
- MID Server must be available and configured.
- The MetricBase server must be provisioned and configured.
- Discovery and service mapping patterns version 1.11 are required for the Container spend management feature.
- Cloud Cost Management Infra stack app to deploy the clusters for all supported providers like AWS, Azure, and Google must be installed.