Multi-Cloud IaaS Cost Management | Binadox - SaaS management

Multi-Cloud IaaS Cost Management

Stanislaw Lee

A key technology trend you may have recently noticed across various enterprises is the ever-increasing adoption of multiple cloud environments. The multi-cloud management market is anticipated to grow up to $4,492.7 million by 2022.

The reasons of moving to multi-cloud are obvious: it provides platform flexibility, improves performance and prevents vendor lock-in. On the other hand, due to multiple accounts and multiple applications on multiple platforms, it becomes nearly impossible to get clear visibility into the cloud spend.

Multi-cloud adoption has created a shift in the technology. Almost infinite amount of cloud resources and services can be accessed with just a couple of clicks. As this adoption increases, the skills and time required to control multi-cloud environment continuous to grow. Hence, many organizations today are struggling to properly manage and optimize costs. For this reason, IT leaders are for spend optimization and visibility tools. Binadox has decided to meet new business needs with multi-cloud IaaS cost management solution.

Binadox multi-cloud IaaS cost management solution provides organizations with accurate visibility and governance to automate multi-cloud cost saving operations. Binadox features cost optimization and expense management across the most popular and comprehensive cloud infrastructures like AWS and Microsoft Azure.


Manage Multi-Cloud Costs with Binadox

Binadox enables organizations to analyze, forecast, and optimize costs throughout Microsoft Azure, AWS, and Google Cloud. Binadox helps business leaders and IT professionals to:

  • Get deep visibility into costs across your multi-cloud environment

  • Visualize the daily, weekly, or monthly budget in your organization

  • Specify your budget limits for planning and managing multi-cloud costs

  • Compare your current multi-cloud expenses with your previous spend

  • Dynamically monitor your budget to easily manage IaaS costs

  • Set alerts when your organization exceeds your budget limits


Use Cases

Some of the most important multi-cloud IaaS cost management use cases are:


Multi-cloud Cost Management

Binadox provides organizations with tools that help track and control multi-cloud costs. With Binadox, IT experts can easily access business spending across multiple cloud environments. Binadox allows organizations to automatically and continuously manage the expenses of AWS, Azure, and Google Cloud through a single dashboard.


Multi-cloud Expense Visualization

With multiple cloud environments and infrastructures, it’s increasingly difficult to track daily, weekly or monthly expenses across every single business unit. Binadox multi-cloud IaaS cost management solution allows administrators to monitor and control your daily, weekly, monthly, or even quarterly cloud spend. You can specify your budget limits for every time period.  Your administrators will also receive notifications when your organization exceeds your selected budget limits.


Comparison and Planning

Binadox helps organization automate multi-cloud comparison on your current and your previous workload. This solution enables business and IT leaders to improve resource management. Furthermore, Binadox provides organizations with costs visibility required to make smarter cloud purchasing decision.