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What is Oracle In-Memory Cost Management?

Oracle's In-Memory Cost Management Cloud Service provides sophisticated analytical tools that help businesses assess product costs, execute cost-volume-benefit analyses, and run what-if scenarios suitable for both discrete and process sectors. This powerful solution offers remarkable performance, granting near real-time insights into shifts within the business landscape. As a new Software as a Service (SaaS) offering built on a Platform as a Service (PaaS) model, the Oracle In-Memory Cost Management Cloud Service (IMCMCS) takes a holistic approach to improve profit margins by ensuring immediate visibility across all areas of cost management. Finance specialists, operations directors, and procurement executives can utilize this service to efficiently compute product costs, carry out cost-volume-benefit analyses, and visualize the impact of different scenarios on complex cost structures. Moreover, users are afforded the flexibility to modify a variety of parameters, which enhances the selection process for both intermediate and finished goods, thus further refining their cost management strategies. This tailored flexibility not only aids in precise decision-making but also equips organizations to respond swiftly to the demands of a dynamic business environment, ultimately driving sustained growth and profitability.

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

Adobe Acrobat Sign
Amazon Web Services (AWS)
Apache Kafka
Box
Eventbrite
Facebook
Gmail
LinkedIn
Mailchimp
Marketo
Microsoft 365
MySQL
Oracle Cloud Infrastructure
Oracle Sales
SAP HANA
SAP SuccessFactors
Salesforce
Slack
Trello
UiPath

Integrations Supported

Adobe Acrobat Sign
Amazon Web Services (AWS)
Apache Kafka
Box
Eventbrite
Facebook
Gmail
LinkedIn
Mailchimp
Marketo
Microsoft 365
MySQL
Oracle Cloud Infrastructure
Oracle Sales
SAP HANA
SAP SuccessFactors
Salesforce
Slack
Trello
UiPath

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

Oracle

Date Founded

1977

Company Location

United States

Company Website

docs.oracle.com/cloud/latest/cost-management-cloud/index.html

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

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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