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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 FinOps?

Let us help you navigate the complexities of cloud cost management, ensuring that the financial side of cloud operations operates with the same speed and efficiency as IT processes. Just as DevOps revolutionized software development by breaking down barriers and increasing agility, FinOps enhances the value gained from cloud services by bringing together experts from technology, business, and finance within a unified framework of innovative practices. Serving as a collaborative platform, FinOps integrates various teams—such as finance, procurement, IT operations, developers, and DevOps engineers—creating a harmonious strategy for managing IT costs. There is an urgent demand for a dependable third-party cloud cost management solution that operates independently from cloud service providers, capable of automating complex tasks that would otherwise be daunting. Acting as a cornerstone tool, FinOps encapsulates the principles and strategies crucial for successful cloud cost management. The ultimate goal of adopting FinOps is to transition to a microservices architecture (MSA) utilizing container technologies along with DevOps methodologies, which can result in noteworthy cost savings. In addition, we encourage you to delve into our range of DevOps products, which can further boost your operational effectiveness and streamline your processes. By embracing this holistic approach, organizations can achieve not only financial clarity but also enhanced collaboration across all teams involved.

Media

Media

Integrations Supported

Google Cloud Platform
Alibaba Cloud
Amazon Web Services (AWS)
Box
Eventbrite
Facebook
Google Workspace
LinkedIn
Mailchimp
Microsoft 365
Microsoft Azure
Microsoft Outlook
MySQL
NetSuite
Oracle Sales
Oracle Service
Oracle Taleo
Salesforce
SurveyMonkey
Trello

Integrations Supported

Google Cloud Platform
Alibaba Cloud
Amazon Web Services (AWS)
Box
Eventbrite
Facebook
Google Workspace
LinkedIn
Mailchimp
Microsoft 365
Microsoft Azure
Microsoft Outlook
MySQL
NetSuite
Oracle Sales
Oracle Service
Oracle Taleo
Salesforce
SurveyMonkey
Trello

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

Bespin Global

Date Founded

2015

Company Location

South Korea

Company Website

en.bespinglobal.com/product-solutions/finops/

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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Popular Alternatives

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