Hybrid Cloud Management X (HCMX) FinOps Express
is a cloud financial management solution that helps organizations
cut cloud waste and control cloud spending
LAS
VEGAS, Dec. 6, 2022 /PRNewswire/ -- Micro
Focus (LSE: MCRO; NYSE: MFGP) today announced the release of
Hybrid Cloud Management X (HCMX) FinOps Express at the Gartner IT
Infrastructure, Operations & Cloud Strategies Conference
(IOCS), taking place this week in Las
Vegas. With about $500 billion
being spent on cloud infrastructure annually, this new SaaS release
is designed for financial management of cloud investments to reduce
surprise bills and optimize cloud spend.
HCMX FinOps Express is a cloud financial
management solution that helps cut cloud waste and control cloud
spending.
"Among many reasons that organizations move workloads to the
cloud is to reduce data center costs, but many organizations do not
realize the full potential of savings due to inefficient management
of cloud operations," said Travis
Greene, Senior Director of ITOM Product Marketing at Micro
Focus. "HCMX FinOps Express provides CIOs the ability to optimize
and operate their cloud in an agile and controlled manner, while
involving all the necessary stakeholders."
HCMX FinOps Express helps organizations to:
- View spend across clouds – Gain a complete, unified
view of your cloud spend with AWS, Azure and Google Cloud,
including show-back, mapping cloud spend to projects, business
units, and cost centers.
- Identify inefficiencies – Spot idle, oversized, or
overprovisioned resources with reports that help identify spending
spikes and inefficiencies.
- Build a budget – Take advantage of the built-in
module for budgeting that provides an additional layer of financial
responsibility across engineering and other teams.
- Save with AI-assisted recommendations – Utilize AI to
auto-generate recommendations for reservation planning that can
help lower cloud rates and save as much as 72 percent.
- Implement self-service guardrails – Proactively
prevent costly surprises by consolidating offerings from major
cloud vendors into a single catalog and excluding costly or
non-compliant options while implementing spending limits.
HCMX FinOps Express is a part of HCMX, which also includes
capabilities for multi-cloud design and provisioning, policy-based
compliance, and lifecycle hybrid cloud service orchestration. As
cloud migrations and digital transformation continue to drive
strategic business change, Micro Focus HCMX FinOps Express is one
of the ways Micro Focus helps customers support cost-effective
migrations, optimize cloud spend and ultimately lower the total
cost of ownership for IT. HCMX FinOps Express is available now.
In addition to today's announcement, Micro Focus will provide
additional information when Travis
Greene presents "3 Ways to Tame Your Cloud Costs with
FinOps" at Gartner IOCS on Thursday, at 11:45 a.m. PST in San Polo 3505.
More Information
Explore HCMX FinOps Express.
Join Micro Focus on LinkedIn and follow @MicroFocus on
Twitter.
About Micro Focus
Micro Focus is one of the world's largest enterprise software
providers, focused on solving the IT dilemma—how to balance today's
needs with tomorrow's opportunities. We deliver mission-critical
technology that helps tens of thousands of customers worldwide
manage core IT elements of their business. Strengthened by our
strategic services and support organizations, and an extensive
partner network, our broad set of technologies for security, IT
operations, application delivery, governance, modernization, and
analytics provides the innovative solutions organizations need to
run and transform— at the same time.
Contact: microfocus@pancomm.com
View original
content:https://www.prnewswire.com/news-releases/micro-focus-introduces-hcmx-finops-express-to-optimize-cloud-spend-301695168.html
SOURCE Micro Focus