Prosimo, a leader in Multi-Cloud Networking, is transforming the landscape of Cloud Cost Management with its Cloud Cost 360 suite, a groundbreaking approach that offers unparalleled insights into Networking costs, egress data charges and highlights significant cost savings achieved by effectively utilizing all available paths, such as cloud backbone and private connections built across clouds.
Network costs are 17% on average of overall cloud expenses and a top concern for cloud budget owners and FinOps. Traditionally, cloud cost platforms and Cloud native visibility tools have primarily focused on compute costs and overlooked the intricate details of networking expenses. Prosimo addresses this challenge by providing advanced visibility into networking costs within and across clouds.
"Cloud networking costs are a new area for business to consider. Working with multiple cloud providers is right for most companies, but that opens them up to data egress charges," said Andy Linham, Senior Strategist at Vodafone Business at Vodafone Business. "Observability and accountability are key to reducing the impact of these costs, and that's where a full stack solution brings massive benefits."
The growing complexity of configuring and managing cloud-native services leads to cloud waste and questions about optimizing cloud costs. Despite the plethora of visibility and observability tools, three key unanswered questions persist in current solutions.