In today’s digital age, cloud technology is no longer a luxury but a necessity for businesses. As companies increasingly adopt cloud-first strategies and multi-cloud environments, they are also grappling with the rising costs associated with these technologies. VIcom, in partnership with Tangoe, is here to guide your organization through the complexities of cloud expense management, ensuring that your investments are optimized and aligned with your business goals.
The Challenge: Cloud Costs Spiraling Out of Control
Studies indicate that cloud expenses are consuming larger portions of IT budgets. For instance, unsanctioned cloud applications, also known as Shadow IT, can consume as much as 30% of IT budgets. Analyst firms like Gartner have quantified cloud overspending by as much as 50% to 70% on average.
The Solution: FinOps and Cloud Expense Management (CEM)
FinOps is a conceptual framework and financial management discipline designed to keep cloud costs under control. Tangoe’s Cloud Expense Management (CEM) Solutions, as highlighted in ZK Research’s Buyer’s Guide, are described as the “machine behind the FinOps curtain.” These solutions provide advanced analytics and automation that offer a complete inventory of the cloud estate, essential for ongoing cost optimization.
VIcom: Your Partner in Cloud Expense Management
As a trusted partner of Tangoe, VIcom plays a pivotal role in assisting clients with implementing and managing Tangoe solutions. Our team of experts works closely with your organization to:
- Optimize Costs: We help you identify and implement savings across IaaS, SaaS, UCaaS, and more.
- Manage Expenses: VIcom assists in the financial administration of your cloud services, including invoices, bill pay, and contracts.
- Automate and Integrate: Our solutions are designed to streamline your operations, offering automation and integration options that align with your business needs.
In a world where cloud technology is integral to business operations, managing and optimizing these expenses is paramount. VIcom, in partnership with Tangoe, is dedicated to ensuring that your organization can innovate without the burden of unchecked cloud costs. Together, we are your allies in crafting a seamless, cost-effective cloud experience.