An Intellyx Brain Candy Brief
IT costs are always difficult to estimate, especially project costs. Application development, maintenance, or modernization projects often run late and over budget, and the cost to host and run them isn’t easy to calculate.
Mavvrik offers comprehensive public cloud, private cloud, hybrid cloud, AI, and SaaS cost optimization, control, and governance to help an organization understand and manage these expenses.
Over time cloud costs increased to the point that cloud cost control became necessary, and software companies and cloud providers developed products just for that purpose.
And now many workloads that initially migrated to the cloud are migrating back to the data center. Now it’s necessary to include private cloud deployments in the cost control and optimization process, and hybrid cloud as well.
Managing costs across public, private, and hybrid cloud deployments helps organizations assess relative performance and root out waste across cloud deployment types.
Now we are seeing generative AI gaining adoption – although the value prop remains somewhat unclear.
And even though some are predicting the “end of SaaS,” organizations are still using SaaS applications in a big way, and are finiding it challenging to get SaaS expenses under control.
Mavvrik helps with all of this — identifying potential waste in public and private cloud services and allocating cloud, gen AI, and SaaS expenses to an organization’s business units.
This allocation process promotes accountability and shared responsibility for IT spend across business and technology teams.
Mavvrik offers a simple, easy to use interface for analyzing and operationalizing usage data, and for making decisions on optimizing spend, identifying waste, and allocating responsibility to the right teams.
This comprehensive cost picture includes finding the “cost to serve” a customer tech companies, which helps identify the profit margin per customer for consumption based pricing, for example.
Copyright © Intellyx BV. Intellyx is an industry analysis and advisory firm focused on enterprise digital transformation. Covering every angle of enterprise IT from mainframes to artificial intelligence, our broad focus across technologies allows business executives and IT professionals to connect the dots among disruptive trends. No AI was used to produce this article. To be considered for a Brain Candy article, email us at pr@intellyx.com.
