Digital Fuel IT Financial Management -Storage cost visibility_0911
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Transcript of Digital Fuel IT Financial Management -Storage cost visibility_0911
Week One:• Identify existing data sources• Associate data to IT services• Con�gure cost formulas • Setup templates
Week Two:• Personalize templates• Customize work�ows • Setup user accounts• Begin use
Two Weeks to Visibility into Costs of Storage
Achieve Cost Visibilty noW!
Digital Fuel’s IT Cost Management solutions can begin saving your organization money in weeks. Using a SaaS approach, Digital Fuel hosts everything for you, eliminating the overhead of installation and deployment in your datacenter. Pick any area where you need visibility – business applications, storage, virtualization, etc. – and your IT and finance teams will have access to the detailed IT cost data they need to make smart cost-related decisions within weeks.
Gain Full Cost Visibility into Storage Cost
While it is generally understood that “storage is cheap”, storage still
remains a very large budget item for corporate IT. The total cost of
storing data is impacted by a complicated set of drivers: much more
than just the storage hardware, costs include electricity, facilities,
support, security, overhead, administration and more. With this
complex set of cost drivers impacting the amount organizations
must spend on storage, full cost visibility is vital to make smart
spending decisions that align with business goals.
The costs for storage must be reduced while continuing to support
the business. If you have ever struggled to meet these opposing
requirements IT Cost Management can answer key questions:
How much storage are business units consuming and how •much does that cost?
Where are storage costs running over budget – and why?•
What is the right storage offering based on utilization, capacity, •and cost?
How can our use of storage be minimized effectively?•
What are the potential cost savings of adopting a reduced level •of storage?
How can we accurately give our business units visibility into •storage utilization when infrastructure is shared?
IT Cost Visibility Delivers Tangible Savings
IT professionals and finance teams must continually make decisions
that require them to balance cost with service levels and storage
utilization. Giving individuals in-depth information about cost drivers
helps them make smarter decisions when comparing actual spend to
plan, running annual budgeting processes, executing cost reduction
analysis, administering billing and chargeback, or conducting any
other business processes that impacts costs.
For the teams responsible for purchasing and administering storage,
visibility into costs delivers immediate savings. The ability to compare
storage utilization with service levels and cost is a great enabler for
storage-related decisions including:
Prioritize Storage Virtualization• – Virtualization has proven to have clear cost benefits – but where do you start? By delivering complete visibility into storage utilization, capacity, and cost, IT Cost Management can immediately identify storage that has both high utilization and high costs. This will identify the types of storage that are the best candidates to deliver significant cost savings through storage virtualization.
Eliminate Excess Capacity• – An easy way to save money without impacting the business is to eliminate excess capacity or terminate maintenance for storage that is no longer needed. IT Cost Management delivers visibility into the use of storage to
quickly identify excess capacity that can be eliminated
Reduce Service Levels• – Business requirements do change. Storage that historically required very high service levels may no longer need it. IT Cost Management will identify the types of storage that have a high total cost and a high per GB cost. By drilling down into the underlying reason for those excessive expenditures, IT Cost Management can identify areas that have the potential to deliver significant costs savings if storage service levels were reduced.
Reduce Support Costs• – Storage offerings that have high support costs but a low number of support calls are candidates for reducing support levels. With IT Cost Management, you gain visibility into overall and per GB support costs for each offering.
Recommend Cost-Effective Configurations• – Inefficiencies in storage-related expenses can drive up costs significantly. IT Cost Management gives visibility into the underlying cost drivers including electricity, facilities, support, security, overhead, administration and more. With this visibility, storage owners can identify the underlying costs that are out of line and make informed decisions about cost-effective configurations.
Report on Actual Storage Utilization• – It is much easier to have a business conversation about storage costs if full visibility into underlying expenses is available to all parties. IT Cost Management delivers full transparency into the cost of storage to both corporate IT and the business units that must pay for them. Business units are much more willing to pay when they understand that they are paying for actual storage used.
Establish Cost-effective Storage Offerings• – There are many options when choosing storage solutions. From tier level to the facilities the storage is hosted in and more, the challenge is to deliver the right level of storage at the lowest possible cost. IT Cost Management can help to capture the total cost of storage – such as the most expensive storage configurations per GB - so IT teams can develop more flexible storage offers, and business units can understand the tradeoffs of storage services.
IT Cost Management for Storage
©2009 Digital Fuel Technologies, Inc. All Rights Reserved
USA:951Mariner’sIslandBoulevard,Suite665•SanMateo,CA94404•Tel:(877)524-2555•Fax:(650)571-8439EMEA:CroxleyGreenBusinessPark•Suite9,Building6•HattersLane•WatfordWD188YH•UnitedKingdom•Tel:+44(0)800-756-9970•Fax:+44(0)1923-232875
Website:www.DigitalFuel.com•Email:[email protected]
IT Cost Management brings organization and visibility into the complex underlying cost drivers that impact the total cost of storage.
IT Cost Management compares key metrics at a glance to immediately identify trends in storage costs.
IT Cost Management delivers powerful drill-down reporting for deeper analysis of key cost drivers.
©2009 Digital Fuel Technologies, Inc. All Rights Reserved
IT Cost Management for Storage