Nutanix Cost Governance vs. Cloud Custodian

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.

Cloud Custodian offers users the ability to manage cloud assets effectively through a combination of filtering, tagging, and executing a range of actions. By employing a YAML-based domain-specific language, it facilitates the development of rules designed to uphold a cloud infrastructure that is both secure and cost-effective. This tool simplifies the management process by replacing intricate cloud-specific scripts with a more user-friendly syntax, ensuring that policies are consistently enforced throughout the infrastructure. It supports major public cloud services, including AWS, Azure, and GCP, and is currently beta-testing compatibility with Kubernetes, Tencent Cloud, and OpenStack. The platform enhances security by integrating directly with the control plane of various cloud providers, allowing for immediate resolution of potential problems. Additionally, it provides robust metrics and reporting features that empower users to schedule resource shutdowns during low-demand periods to reduce costs. The tool also aids in identifying and eliminating unused resources by examining utilization statistics, while its tagging functionality simplifies the oversight of underutilized assets. Moreover, Cloud Custodian can be deployed in multiple environments, whether executed locally, on an instance, or in a serverless architecture via AWS Lambda, which adds a layer of flexibility to its application. This adaptability not only optimizes resource management but also makes Cloud Custodian an essential asset for organizations striving to enhance their cloud operations. Ultimately, its comprehensive approach to cloud management contributes significantly to the overall efficiency and security of cloud resources.