IT leadership must meet the economic challenges of 2020 by repurposing spend from their existing IT budget. Examination of the IT budget should include cloud spend, which can range anywhere from 5–15% of the total IT spend, contrasted with the fact that up to 40% of cloud spend is waste. Existing purchasing, depreciating and allocating costs in the cloud world of per-second billing, thousands of services and multiple buying options create challenges for IT finance teams in search of a unified approach to monitoring and managing cloud spend. Apptio Cloudability ingests and structures cloud billing and usage data that helps teams make informed decisions about cloud spend.
In this second webinar in our “Four Secrets to IT Cost Savings” series, we look at how to optimize cloud spend and translate costs into performance indicators that reveal the business value of cloud services.
In this on-demand webinar, we showcase how Apptio helps organizations: