New NCM Cost Governance Test Drive Reins in Cloud Costs

By Charlie Boyden

April 4, 2023 | min

The Nutanix Cloud Manager (NCM) Cost Governance™ solution is ideal for customers challenged by the ongoing analysis and reporting of spend by cost center, driving accountability against budgets, and finding opportunities to optimize your cloud spend. Through one unified interface, NCM Cost Governance allows customers to manage costs across their public, private, and hybrid multicloud environments. 

As investment in public cloud resources increases, the need for robust cost management across hybrid multicloud endpoints also grows. Gartner estimates show the magnitude of the savings opportunity with “Worldwide end-user spending on public cloud services forecast to grow 20.7% to total $591.8 billion in 2023, up from $490.3 billion in 2022.” 1

Now you can take NCM Cost Governance for a free test, which is available in three new modules:

Module 1: Chargeback and budgeting

As your business continues to provision new cloud resources, organizing IT spend can become increasingly taxing, especially if it is being done in spreadsheets across multiple business units. Consequently, organizations must allocate costs to ensure expenditures are monitored and managed.

The NCM Cost Governance chargeback and budgeting features give you greater financial control over cloud spend by allocating cloud resources to departments based on clear definitions.

Our chargeback test drive shows how easy it is to create cost centers (a collection of resources) and business units (a collection of cost centers) and then map unused resources to them to make budgeting across private and public clouds easier.

Mapping resources to cost centers and business units

Module 2: Optimize cloud resources

Looking for ways to save money and optimize resources across the AWS®, Azure®, and Google Cloud Platform™ clouds? The NCM Cost Governance test drive shows you how to realize savings opportunities by eliminating unused resources and rightsizing underutilized resources.

It’s easy to eliminate unused elastic load balance, elastic IP, snapshots, volumes, and other unneeded resources from the NCM Cost Governance console, enabling users to avoid the time and complexity of navigating through their public cloud accounts.

Quickly identify and eliminate underutilized cloud resources

Module 3: Private cloud total cost of ownership

Software and hardware are crucial IT operating costs of any on-premises business, but facilities, people and telecom fees are also essential to consider in TCO calculations. NCM Cost Governance provides complete visibility into the full cost of public and private cloud spending to simplify cost management and multicloud governance. 

NCM Cost Governance gives you unprecedented insights into on-premises total cost of ownership down to the VM level, including overall IT costs as well as software and hardware fees. Nutanix uses a market industry average to precalculate these costs. Still, you can edit them in the configuration settings to capture an ultra-granular picture of your IT-related costs.

Nutanix Cloud Manager Shows Full Costing Beyond Hardware and Software Fees

Try it now

Click here to take NCM Cost Governance for a free test drive. Also, learn about the additional features the Nutanix engineering team has added to NCM Cost Governance over the past year.

​​¹ Gartner Press Release, “Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach Nearly $600 Billion in 2023,” 31 October, 2022 Gartner Press Release

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