"SAP partnered with Digital Fuel because it has the best of breed Service Level Management solution to help shared services run as a business."
Solution Provides Out-of-the-Box TCO, Unit Cost, Benchmark Comparison and Analysis Of Cloud-Based IT Services as Part of Its V6.3 IT Business Management Platform
SAN MATEO, CA - (May 19, 2010) - Digital Fuel, the leader in SaaS IT Business Management solutions, today announced the debut of IT Cloud Cost Management , a pioneering, out-of-the-box solution that allows enterprises to take full advantage of emerging cloud computing technologies and services. IT Cloud Cost Management provides an easy way to compare the TCO, unit cost and performance of IT services among different cloud and non-cloud alternatives and vendors, as well as compare to industry benchmarks. Through IT Cloud Cost Management, CIOs, their teams and business units can choose the right alternatives for their business, optimizing the business value of their IT and ongoing control of cost and performance.
"Today's cloud computing landscape is changing the nature of IT by providing many more applicable delivery and pricing alternatives. These alternatives, however, require fast, ongoing business management of IT capabilities based on delivery levels and cost," noted Yisrael Dancziger, President and CEO of Digital Fuel. "Now there are clouds for applications, infrastructure, and business processes. The issue, as clouds become the de facto architecture, is how to track, analyze and assess TCO, unit cost, direct and indirect costs, demand and usage. Furthermore, IT organizations need to know how to allocate the costs of these services to the consumers within their companies."
Digital Fuel's IT Cloud Cost Management solution, which comes as part of its V6.3 platform of business applications, provides a single, unified and out-of-the-box method for managing cost and performance across multiple cloud services, cloud vendors and platforms such as Amazon, Google, Citrix, Cisco Salesforce.com, Rackspace and others. The solution delivers not only proactive IT cost and performance management, but also accurate, usage-based allocation of shared services, internal billing and chargeback, regulatory and tax compliance reporting, IT demand planning, and IT budgeting. It gives organizations the critical visibility requirements necessary to decide among a complex set of cloud computing options by comparing quality and cost of the various options available.
"Cloud Cost Management offers the critical information that allows businesses to accurately plan, budget and gain cost control over their cloud computing spend. This is a discipline that, we believe, will become essential as cloud computing in its various guises (public, virtual private and private clouds) begins to dominate the business world," blogged Dr. Thomas Mendel Ph.D., Vice President and Research Director of Forrester Research (Forrester Research Blog for Vendor Strategy Professionals, IT Financial Management - And The Cloud, June 1, 2010).
Key Capabilities:
"Cloud computing is bringing disruptive change to the way IT costs and value is managed," added Dancziger. "The ability to quickly activate a new provider, switch vendors, and mix-and-match internal and external assets to provide necessary functions, brings huge promises as well as complexity to the enterprise IT environment. IT Cloud Cost Management makes it simple." For more about Digital Fuel's IT Cloud Cost Management, including a live demo and free workshop, visit http://www.digitalfuel.com/solutions/cloud-computing.
Digital Fuel Technologies, Inc., is the leading provider of SaaS IT Business Management solutions including IT Cost Management and Service Level Management (SLM) applications used by enterprises and cloud providers. The company's SaaS applications manage billions in IT, telco and other business services at companies and governments around the world including BBC, BT, Capital One, Cisco, Computacenter, CSC, Cummins, Dell, Deutsche Bank, General Electric, Global Crossing, IBM, Nationwide, Nestle, Procter & Gamble, Siemens, SITA, Sprint, Steria, Telefonica, Telus, VW and Wipro. Digital Fuel is headquartered in San Mateo, California, USA, with offices across North America and Europe. Learn more at www.DigitalFuel.com.
Tony Keller
SS|PR
+1 (719) 634-1180
tkeller@sspr.com
1 (877) 524 2555
+44 (0) 800 756 9970