Efficient Cost Allocation with Enteros: Streamlining Database Performance and Reducing Cloud Expenses

Introduction

In today’s digital age, businesses rely heavily on their databases to store and manage data critical to their operations. With the rise of cloud computing, many businesses have moved their databases to cloud platforms such as Azure, AWS, and Google Cloud. While cloud computing offers many benefits, including scalability and flexibility, it also comes with its own set of challenges, particularly when it comes to cost allocation.

Cost allocation is the process of assigning and distributing the costs associated with cloud resources and services to the appropriate cost centers or departments within an organization. This process is crucial for businesses to accurately track and manage their cloud expenses, which can quickly add up and impact the bottom line. Inefficient cost allocation can lead to overpaying for cloud resources or underutilizing them, resulting in unnecessary expenses and decreased database performance.

Enteros, a leading provider of database performance management solutions, has developed a cost allocation feature as part of its UpBeat platform to help businesses streamline their database performance and reduce cloud expenses. In this blog, we’ll explore the benefits of using Enteros’ cost allocation feature, and how it can help businesses optimize their database performance while reducing cloud expenses.

Understanding Cost Allocation

Cost allocation is a complex process, particularly in cloud environments where resources are shared among multiple applications and departments. It involves identifying the costs associated with each cloud resource, such as storage, compute, and bandwidth, and assigning those costs to the appropriate cost centers or departments.

In cloud environments, the challenge of cost allocation is compounded by the dynamic nature of cloud resources. Cloud resources can be easily scaled up or down based on demand, and usage can vary over time. This makes it difficult for businesses to accurately track and allocate costs, and can result in overpaying for cloud resources or underutilizing them.

The Impact of Inefficient Cost Allocation

Inefficient cost allocation can have a significant impact on database performance and cloud expenses. Overpaying for cloud resources can lead to unnecessary expenses and decrease profitability, while underutilizing cloud resources can result in decreased database performance, impacting the user experience and productivity of employees.

In addition, inefficient cost allocation can make it difficult for businesses to identify areas where they can optimize their cloud usage and reduce expenses. Without accurate cost allocation, businesses may not have a clear understanding of which departments or applications are driving their cloud costs, making it challenging to implement cost-saving measures.

Introducing Enteros UpBeat’s Cost Allocation Feature

Enteros UpBeat is a powerful database performance management solution that helps businesses identify and address database scalability and performance issues across a wide range of database platforms. Its advanced statistical learning algorithms scan thousands of performance metrics and measurements across different database platforms, identifying abnormal spikes and seasonal deviations from historical performance.

Enteros’ cost allocation feature is an extension of its UpBeat platform, designed to help businesses allocate cloud expenses more efficiently. The feature works by collecting data on cloud resource usage and assigning costs to the appropriate cost centers or departments based on usage.

The key benefits of using Enteros UpBeat’s cost allocation feature include:

Lowering Cloud Expenses

One of the primary benefits of Enteros’ cost allocation feature is its ability to help businesses save on cloud expenses. By accurately allocating costs to the appropriate cost centers or departments, businesses can identify areas where they can optimize their cloud usage and reduce expenses.

For example, the cost allocation feature may reveal that a particular department is using a disproportionate amount of cloud resources compared to other departments. This insight can help businesses implement measures to reduce usage, such as scaling down resources or optimizing code.

Boosting Database Performance

In addition to reducing cloud expenses, Enteros’ cost allocation feature can also help businesses improve database performance. Inefficient cost allocation can lead to underutilized cloud resources, which can impact database performance. By accurately allocating costs and optimizing cloud usage, businesses can ensure that their databases are running at peak performance, providing a better user experience and improving the productivity of employees.

Enhancing Cost Transparency

Enteros’ cost allocation feature also helps businesses enhance cost transparency by providing a detailed breakdown of cloud expenses by department or cost center. This visibility can help businesses identify areas where they can optimize their cloud usage and reduce expenses.

For example, the cost allocation feature may reveal that a particular application is driving a significant portion of cloud expenses. This insight can help businesses identify ways to optimize the application, such as refactoring code or redesigning the application architecture.

Improving Governance and Compliance

Effective cost allocation is also essential for ensuring governance and compliance in cloud environments. By accurately tracking and assigning cloud expenses to the appropriate cost centers or departments, businesses can ensure that they are meeting regulatory requirements and internal policies.

For example, a business may have policies in place that dictate how much each department can spend on cloud resources. The cost allocation feature can help businesses enforce these policies by providing visibility into cloud expenses by department and identifying areas where spending limits may have been exceeded.

Implementing Enteros Cost Allocation Feature

Implementing Enteros’ cost allocation feature is a straightforward process. The feature is available as part of the Enteros UpBeat platform and can be enabled with a few clicks.

To implement the cost allocation feature, businesses will need to follow these steps:

1. Connect their cloud provider account to Enteros UpBeat
2. Configure the cost allocation feature by specifying the cost centers or departments and the allocation method
3. Review the cost allocation report and implement measures to optimize cloud usage and reduce expenses.

Conclusion

Cost allocation is a critical process for businesses operating in cloud environments. Inefficient cost allocation can lead to increased expenses and decreased database performance, impacting the bottom line and the user experience. Enteros’ cost allocation feature provides businesses with a powerful tool to accurately allocate cloud expenses, optimize cloud usage, and improve database performance. By implementing the cost allocation feature, businesses can enhance cost transparency, ensure compliance, and ultimately reduce cloud expenses while improving the user experience.

About Enteros

Enteros is a patented database performance management SaaS platform that helps businesses identify and address database scalability and performance issues across a wide range of database platforms.​