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What is Nutanix Cost Governance?

Boost financial accountability by utilizing efficient resource allocation and thorough monitoring of cloud metering and chargeback through NCM Cost Governance, previously recognized as Beam. This system empowers organizations to enhance visibility, optimize performance, and retain control over public, private, and hybrid multi-cloud environments, ensuring that cloud spending remains within manageable limits. By comprehensively understanding expenditures across various cloud platforms, firms can simplify cost management and governance processes in multi-cloud landscapes. Organizations can achieve significant savings through task automation, appropriate adjustments in resource sizes, and informed choices regarding reserved instance acquisitions. Costs can be allocated based on actual consumption, and a robust chargeback strategy supports governance initiatives effectively. The total cost of ownership is accurately captured, reflecting the genuine expenses tied to private cloud operations and including all relevant IT administrative costs based on tailored industry standards. Moreover, businesses can automatically produce reports that detail cloud usage, allowing for the assignment of untagged costs to specific financial centers, and they can set budget alerts to ensure spending stays within established thresholds, ultimately cultivating a culture focused on financial responsibility. This proactive strategy for managing cloud expenditures not only enhances transparency but also promotes informed strategic decision-making across the entire organization, thereby strengthening overall financial health.

What is BidElastic?

Navigating the complex landscape of cloud services presents significant challenges for many organizations. To address these obstacles, we developed BidElastic, a comprehensive resource provisioning solution that consists of two components aimed at improving cloud efficiency: BidElastic BidServer, which minimizes computing costs, and BidElastic Intelligent Auto Scaler (IAS), which streamlines the management of cloud service providers. The BidServer utilizes advanced simulation methods and optimization algorithms to anticipate market fluctuations and create a robust infrastructure for spot instances available from cloud vendors. Adapting to varying workloads requires the agile scaling of cloud resources; however, implementing this can be quite difficult. For example, a sudden increase in user demand can lead to delays of up to 10 minutes for new servers to become operational, potentially resulting in permanent customer attrition. To facilitate effective resource scaling, precise predictions of computational demands are crucial. This is where CloudPredict comes into play, as it employs machine learning techniques to accurately forecast workloads, allowing companies to quickly adjust to shifting requirements. By combining these cutting-edge solutions, organizations can greatly improve their cloud service performance and enhance overall customer satisfaction, leading to a more competitive edge in the market. Additionally, such integration not only boosts operational efficiency but also encourages innovation in service delivery.

Media

Media

Integrations Supported

Amazon EC2
Amazon Web Services (AWS)
Freshdesk
New Relic
Nutanix Cloud Manager
SolarWinds Pingdom
Zenoss

Integrations Supported

Amazon EC2
Amazon Web Services (AWS)
Freshdesk
New Relic
Nutanix Cloud Manager
SolarWinds Pingdom
Zenoss

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Nutanix

Date Founded

2009

Company Location

United States

Company Website

www.nutanix.com

Company Facts

Organization Name

BidElastic

Company Location

Poland

Company Website

bidelastic.com/products-and-services/

Categories and Features

Cloud Cost Management

Cost Reduction Optimization
Dashboard
Data Import/Export
Data Storage
Data Visualization
Resource Usage Reporting
Roles / Permissions
Spend and Cost Reporting

Cloud Management

Access Control
Billing & Provisioning
Capacity Analytics
Cost Management
Demand Monitoring
Multi-Cloud Management
Performance Analytics
SLA Management
Supply Monitoring
Workflow Approval

Cloud Workload Protection

Anomaly Detection
Asset Discovery
Cloud Gap Analysis
Cloud Registry
Data Loss Prevention (DLP)
Data Security
Governance
Logging & Reporting
Machine Learning
Security Audit
Workload Diversity

Categories and Features

Cloud Cost Management

Cost Reduction Optimization
Dashboard
Data Import/Export
Data Storage
Data Visualization
Resource Usage Reporting
Roles / Permissions
Spend and Cost Reporting

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