Cloud Cost Optimization

Flexera Cloud Cost Optimization (CCO) enables Managed Service Providers (MSPs) to maximize the value of their cloud cost management offerings and to optimize their FinOps resources and investments to ensure efficient cloud spending. Flexera CCO helps you confidently make cloud spend forecast decisions and business recommendations to your customers based on the data and insights into their IT and cloud environment.

Cloud Cost Optimization works seamlessly with all cloud service providers, including Microsoft Azure, Google Cloud, Amazon Web Services (AWS), and others. It ingests billing data from these cloud providers, enabling you to allocate costs, identify waste, and perform detailed analysis of your cloud spend. CCO has the following key differentiators:

•

Common bill ingest—Ingests cost data from any cloud and all related cloud costs, in any currency.

•

Single view of multi-cloud reporting—Provides a tabular view of all cloud sources in a single source with currency options.

•

Customizable and extensible policy engine—Automation and remediation of FinOps activities and bespoke recommendations.

•

Automated actions—Automatically acts on recommendations spanning your entire cloud estate.

•

ITAM and FinOps collaboration—Enables collaboration between FinOps, Software Asset Management (SAM), and SaaS disciplines.

This platform gives MSPs with the Cloud Cost Optimization/FinOps entitlement, a single view of each customer and their cloud accounts. You can use this section to manage the cloud bills using bill-splitting, create and manage the discounts through the Price Books feature, and analyze the cloud spend at a customer or aggregate level.

Topic	Content
Using Bill-Splitting to Assign Costs to Child Organizations	Describes how to use rule-based dimensions to assign billing amounts from supported vendors to one or more child organizations.
Using Price Books to Manage Discounts and Adjustments	Describes how to manage discounts and adjustments by creating a rule-based dimension to view your organization’s cost data categorized in groups and defining rules to adjust costs. This section also discusses price book concepts.
Using Tabular View to Analyze Cloud Spend	Describes how to view the individual customer spend and aggregated customer spend.