Check Out the Latest Method of Hybrid Cloud Money-Management

By CIOReview | Friday, July 26, 2019
Aaron Newman, CEO

Aaron Newman, CEO

The latest addition to the CloudCheckr cost optimization, cloud security, and compliance suite creates an industry-leading platform for hybrid cloud management.

FREMONT, CA: CloudCheckr, a comprehensive Cloud Management Platform (CMP) for finance, security, and compliance, recently announced the launch of a new fully automated cloud finance tool to bridge the public and private cloud environments. Meanwhile, the CloudCheckr FinanceManager for Hybrid Workloads permits organizations to optimize large and complicated hybrid cloud deployments. CloudCheckr FinanceManager for Hybrid Workloads will soon be available for early release customers starting August 1st, 2019 and generally accessible in the fourth quarter of this year.

“Hybrid cloud users are challenged to collect IT cost data from multiple sources, including public clouds and local resources, often resorting to spreadsheet accounting and other manual processes. This method can be a logistical nightmare that’s not only labor-intensive but also prone to human error. With the introduction of CloudCheckr FinanceManager for Hybrid Workloads, IT financial managers and managed service providers now have a much simpler way to charge and account for the cost of hybrid workloads, helping prevent costly manual mistakes,” said Jeff Valentine, Chief Product Officer at CloudCheckr.

CloudCheckr FinanceManager for Hybrid Workloads is built to provide financial operations with a complete picture of IT costs across the hybrid cloud infrastructure of the organization. By utilizing the innovative platform, IT teams performing with enterprise-wide cloud adoption achieve a comprehensive view across their private and public cloud environments making total optimization and unmatched cost control.

The software helps IT finance managers with the exchange of the cost of capital expenses and premise infrastructure into industry-standard hourly rates. Customers also get to assign custom rates to set profit margins, apply discounts, or allocate charges in line with the actual cost of their resources.

Valentine further added, “CloudCheckr FinanceManager for Hybrid Workloads brings clarity to the complexity of private cloud costs, helping large organizations improve their bottom line by making business units more accountable for both their pay-as-you-go and data center resource usage. For MSPs, we now provide valuable insights into the way each customer consumes hybrid cloud. They can leverage this data to improve customer IT efficiency or increase their profitability through a more sophisticated pricing structure for their services.”

Featured as one of the 20 Most Promising Cloud Solution Providers of 2019 by CIO Review, CloudCheckr provides a single dashboard cloud management across Amazon Web Services (AWS) and Microsoft Azure with cloud cost management and comprehensive security and compliance built for the scale of modern enterprises and public sector. Their multi-functional platform is highly configured for the unique requirements of managed service providers (MSPs) and federal agencies. CloudCheckr simplifies IT with 550+ best practice checks, as well as finance and security teams that improve cloud governance, toughen security posture, automate key tasks, and improve cost-efficiency.