Teams working in silos lack centralized governance, poor visibility, and fragmented management, leading to ‘Cloud Sprawl’, causing cloud resources to proliferate uncontrollably. Over-provisioning, unused or idle resources drive it, shadowing IT practices, multi-cloud complexity, and inadequate tagging. These issues lead to inefficiencies, increased costs, and operational challenges without proper oversight and optimization. Additionally, the dynamic nature of cloud makes it difficult to identify cost drivers, control resource sprawl, or eliminate unused resources, complicating efforts to optimize spending.
TCS Enterprise Manager combines the strengths of a traditional cloud cost management strategy, focused on cost-saving opportunities, with a FinOps strategy. This combination balances performance goals with cost efficiency and brings accountability to cloud spending. It aligns cloud investments with business objectives, tracks actual spend against budget and forecast, and enables informed, data-driven decision-making.
The cloud FinOps accelerator consists of several essential features to help enterprises with their cloud cost monitoring and management. These are: