Asset management software is the FinOps ally that should not be underestimated. The FinOps methodology, a portmanteau of the words Financial and Operations, aims to make cloud management costs more efficient and targeted. In practice, to align cloud governance with business objectives, eliminate inefficiencies and reduce unused instances, licenses and tools which –in cloud logic – still represent a cost.
Choosing an asset management software means, therefore, preparing the information base to be able to make better decisions with a view to optimizing costs and to be able to integrate those actions and suggestions that serve to keep management vigorous and solid.
Ercole Sorint.Lab’s asset management software, was created for this precise purpose: it is an ideal tool for optimizing costs, knowing the status of licenses and snapshots and also checking the cloud provider’s services.
Why choose asset management software
FinOps is often considered an ideal recipe to best govern the performance and associated costs of the cloud: and so it is. What is underestimated, however, is that FinOps is, in fact, the recipe: the quality of the ingredients makes the difference and asset management software is one of the most important.
In fact, the FinOps approach does not provide for an automatic cost reduction, but for the identification of best practices for monitoring parameters, licenses and all the elements that make up a cloud infrastructure.
In other words, without software asset management, an organization is not capable of knowing the –often disorganized – state in which software-type assets find themselves; therefore, in the absence of complete and clear information it cannot make appropriate decisions aimed at optimizing costs. Hercules was born to solve this problem.
The advantages of adopting Ercole as an asset management software
Ercole is an asset management software that was created to manage database licenses and is focused on cost optimization, which is one of the pivots of the FinOps methodology .
Ercole exploits APIs to connect to the services provided by the cloud provider and through custom controls, written by Sorint.Lab, allows you to track objects, identify the areas in which inefficiencies are recorded, where resources are allocated. By doing so, it allows the company to have a clear and broad overview to assess where to optimise costs and how to do so.
Furthermore, Ercole does not only deal with aggregating the data he receives from cloud provider tools, but independently analyzes that data to process it in turn. The Sorint.Lab experience has been integrated into the development of Ercole: the data provided by the cloud provider is read based on what is really needed and matters to companies. Based on this experience, Sorint.Lab has identified new thresholds, which serve to provide a more concrete and more reliable verification.
Among the actions that Ercole can suggest, for example, is the resizing of the database or the warning of snapshots that are no longer recent or that do not comply with company policies: if a snapshot, for example, must not be kept for more than thirty days and Ercole detects that there are older snapshots, then he warns users because it is an inefficient use of resources.
Together with Ercole and Sorint.Lab
Choosing Ercole therefore means being able to optimize the overview of software licenses and contain the costs associated with the cloud through constant monitoring of the resources used: only in this way can organizations align cloud costs with business strategies.
Ercole’s choice, however, does not end with software: it involves relying on Sorint.Lab, a company with many years of experience that is put at the service of organizations, so that they can understand what is the best way to proceed to evolve the integration path of the FinOps method. All this, intervening with a personalized service plan tailored to specific needs.
Thanks to Ercole and Sorint.Lab, companies can maximize the value that every cloud resource provides to every team and the entire organization. FinOps is the goal. Hercules is the tool to achieve it.