[wpv-post-date] We're excited to announce the latest enhancements to Anodot's Cloud Cost platform, bringing cutting-edge improvements in anomaly detection and budgeting capabilities. Our commitment to innovation continues to shape the way businesses approach data analysis and financial planning. Advanced Anomaly Detection Anodot's anomaly detection has always set the bar high, and our newest updates take this a step further. Now, not only can our system pinpoint anomalies, but it also offers in-depth root cause analysis. This means users can understand the underlying factors driving anomalies, enabling smarter, more informed actions. Interactive features have also been added to our anomaly detection interface. Users can now add comments to anomalies, mark them as resolved or acknowledged, and provide specific feedback for each detected anomaly. This interactive approach ensures that the anomalies are not just detected but also managed efficiently and collaboratively. Integration with Jira is another key enhancement in our Anomaly Detection system. This ensures efficient tracking and resolution, streamlining team workflows. Discover more about our enhanced Anomaly Detection system and its integration into your workflow here.   Streamlined Budgeting with Enhanced Forecasting Recognizing the critical importance of forecasting in business analytics, we've revolutionized our Budget page. With our latest upgrade, users can now craft tailored and complex budgets with an insightful 6-month forecast presentation. The new forecasting feature offers daily or monthly bases, providing valuable flexibility for strategic decision-making. With added filtering options, including cost basis, users gain a more nuanced view of their financial landscape, leading to precise and effective budget management. For more details on how Anodot's Budget page can transform your financial forecasting,  read our Budget Monitoring guide.         Still want know learn more? Book a demo tour today! 

Our solution (Anodot) and Flexera are two possible options for FinOps in enterprise cloud environments. With over 85% of organizations projected to adopt a cloud-first approach by 2025, finding a partner who can navigate the ever-evolving world of FinOps for cloud success is crucial. So, which solution actually makes good on their promises? Let's look at both providers and see whose features truly embrace a FinOps approach in the cloud. Company Profiles   Background of Anodot We’re a next-generation certified FinOps platform with a holistic and enhanced approach. Utilizing our features like Cloud Cost Management helps FinOps teams reduce cloud waste and manage costs in multi-cloud and Kubernetes environments, with our actionable recommendations, users can save up to 40% on annual cloud spend. Numerous Fortune 500 companies trust Anodot to help slash time to detection and resolution for revenue-critical issues by as much as 80%. Overview of Anodot's comprehensive coverage for all FinOps domains Our platform helps organizations improve their FinOps practices, delivering maximum business value. Unlike other options with limited policies, we offer top-notch FinOps capabilities like a user-friendly interface, policy differentiation, and in-depth data analysis. With us, managing cloud finances is a seamless experience. Market-leading cloud cost management: We provide cloud teams with contextual insights into cloud costs and the business impact on spending. Our solution helps companies optimize unit economics and understand how specific units or customers affect cloud metrics like cost, utilization, and performance. Simplifying cost allocation: Organizations can accurately map multicloud and Kubernetes spending, allocate shared costs fairly and foster FinOps collaboration across the organization. Proprietary ML-based algorithms: With continuous monitoring and deep visibility, you gain the power to align FinOps, DevOps, and Finance teams and cut your cloud bill.  Background of Flexera  Flexera is a legacy IT asset management solution for enterprises with highly complex hybrid environments. Its standard FinOps offering allows users to ingest billing data from major cloud providers. Users can visualize and allocate costs using simple cloud account and cloud tag rules.  Overview of Flexera FinOps Capabilities Flexera has basic features for users to adopt a FinOps approach to the cloud. However, it lacks usability policy differentiation, advanced data analysis capabilities, and FinOps showback reporting needed for the evolving world of FinOps. Percentage-based share costs only: Missing other FinOps foundation recommended methods: even split and proportional cost allocation. Non-native K8s visilbity: Integration with Kubecost (3rd-party solution) is necessary. Below average anomaly detection:  Offers threshold-based anomaly detection, allowing isolation of anomalies by cost center, service, or tag. However, limited to daily and weekly granularity, does not consider concept drift or seasonality. [CTA id="6c56537c-2f3f-4ee7-bcc1-1b074802aa4c"][/CTA] Breakdown of FinOps features Anodot Our advanced features support FinOps innovators and practitioners. The FinOps Organization alignment is the framework for our platform, offering Chargeback & Finance Integration, FinOps Enablement, FinOps Culture, and FinOps Maturity. Purpose-built for FinOps success:  Our certified FinOps platform optimizes cloud financial management. It provides visibility into KPIs, cost allocation, advanced reporting, savings suggestions, and improves cloud unit economics across major public cloud providers while controlling cloud waste. Advanced features for MSPs support: Trusted by a rapidly expanding MSP client list as their FinOps partner. MSPs can make strategic procurement and pricing decisions that transform their cloud economics. Simplify and automate internal operations with cost allocation, reporting, billing rules, and credit management. Market-leading anomaly detection, forecasting, & generative AI:  We can generate a 95% accurate one-year forecast with just two months of historical data investments, enabling you to optimize commitment purchases and better negotiate long-term discounts.  FYI: Try our new CostGPT, a generative AI FinOps tool for instant insights into cloud cost structure! Flexera While Cloud Ctrl Cost does support all major public cloud providers, it falls short in providing comprehensive insights to support a FinOps cloud environment effectively. Lack of saving recommendations:  In terms of advanced solution, it doesn’t offer instant insights into cloud cost structure, nor is it possible to track the history of recommendations over time. Limited FinOps outlook: Offers FinOps alignment like culture and enablement but doesn’t offer in-depth features like Chargeback & Finance Integration. Standard forecasting: Provides summaries of cloud costs, including estimates for the upcoming three months, but lacks details on monthly, quarterly, and annual breakdowns or utilization of a proprietary patented ML algorithm.   Anodot or Flexera: Which one gives the capabilities FinOps practitioners need? FinOps will keep gaining momentum in enterprise environments when used effectively can reduce cloud costs by as much as 20 to 30 percent. That's a solid amount of savings! However, organizations must have the right partner who gets the FinOps game and applies it across their entire platform. Flexera is like a standard cloud cost platform - it provides the basic tools for a FinOps practice in the cloud. However, if you're searching for more advanced or updated features to optimize your FinOps approach, Flexera might not have the necessary tools. However, Anodot is made with FinOps in mind and keeps innovating its features and projects so cloud costs. A partnership with us means you'll have comprehensive visibility into KPIs and baselines, flexible cost allocation, advanced reporting capabilities, and savings recommendations.   Ready to replace lackluster cloud cost features with automatic, real-time insights with a FinOps approach in mind? Let's talk! Need a takeaway flier from this FinOps competitive analysis? Get it here.

The future is tech. There’s no doubt there. AI and cloud computing have all grown over the last decade, but great growth comes with great growing pains. That’s where managed service providers (MSPs) come into play.  MSPs solve the growing pains of migrating to the cloud, cybersecurity risks, or outgrowing your current tech stack. By helping you outsource your cloud communications, MSPs let you focus on your profits, turning would-be fire drills into a “just so you know” email because of pre-emptive monitoring services. (There’s a reason why more than 60% of organizations are expected to be dependent on MSPs by 2024.) That said, before you can work with the MSP of your dreams, you must find the right one for your business. This can be more challenging with the space constantly changing, and new MSP players entering the field.  But don’t panic, we’ll help you keep up to date! Here are our recommendations for the top 10 managed service providers in the US as of 2024. What Key Features Should You Look for in Managed Service Providers? Before our recommendations, let’s discuss how we decided on these rankings.  We took into account these five important features:  Monitoring and support. This is our number one feature for a reason. Ultimately, your MSP should solve problems you don’t need to know about. A provider that quickly closes tickets and offers regular monitoring is essential.  Security. Our recommended MSPs are all known for their threat detection, data protection, HIPAA, GDPR, and other industry-specific compliances, as well as various certifications.  Scalability. Ideally, your MSP should be able to grow with your business, matching you stride for stride as you increase profits. If you’re adding a new feature or service, you want your MSP to be able to help, not hinder.  Transparency and cost. Clear communication is a must. Affordability is a close second. We considered these two together since some MSPs can have hidden fees.  Reputation and reviews. Before making final decisions on an MSP, consider client testimonials and case studies (Don’t be afraid to ask for references.)  Considering these five criteria, here are our recommendations for the top 10 MSPs in the US. Top 10 MSPs in the US Comparison Chart Here are our top managed service providers at a glance:   Jack of All Trades: Presidio  Presidio is the MSP for you if you need cloud services, security, networking, or updates to your data center infrastructure.  You’re in the hands of experts here. Presidio is known for being a well-liked and well-trusted service provider. Their suite includes a full life cycle model of managed, professional, support, and staffing services. If you have even the most obscure tech problem, there’s a guarantee one of its technicians knows a fix.  Pricing With great expertise comes great price tags. With great expertise comes great price tags. Presidio will work for time and materials or a fixed price. If you choose the latter, prepare to pay a higher than usual budget.  Pros There’s a lot of like with Preisido. You’ll get white glove support and end-to-end customer experience. Presidio can solve any cloud problem, whether implementing a state-of-the-art VoIP system, physical or cybersecurity, strategy, consulting, solutions design, etc.  Presidio’s employees have extensive experience in the cloud, so you don’t need to sweat your cloud migration with this MSP.  Cons Prices can be high. You get what you pay for, especially with this MSP, but you’ll most likely be paying more than standard.  Overall Rating Presidio is truly a jack of all trades when it comes to MSP. It can help you handle any project for any industry, and customer reviews confirm how much you can trust the project. If you can afford the steeper price, you’ll get quality services and an MSP that can help you scale while improving efficiency – and revenue.  That’s why our overall rating for Presidio is a 4.7.    Top for Cybersecurity: Magna5 Need cybersecurity? Magna5 is the MSP for you. Its main offers are IT, cloud, and cybersecurity solutions. Magna5 is known for reducing customer data-related risks while improving business system efficiency. Its target audience is mid-market to enterprise-sized companies.  One important thing to note is that Magna5 only operates in the American market. There’s a reason this provider is on our list of the top 10 MSPs in the US and not in our top 10 MSPs for Israel!  Pricing Magna5 is very transparent with its clients regarding services and has no hidden fees. It offers customized pricing models to best suit your business needs.  Pros Magna5’s technical experience means you don’t have to worry about data security. This MSP has also worked with various industries, from education, government, financial, manufacturing, and healthcare, so it is well-versed with industry-specific compliance and regulation requirements, making Magna5 the ideal choice for Fintech, DevOps, and healthcare companies.  Cons Support can sometimes be laggy since some Magna5 workers are in different time zones. Magna5 can also be a little over the top in educating its user base, so expect a lot of emails regarding onboarding.  Overall Rating Magna5’s protection from security threats, real-time monitoring dashboards, and rapid recovery make it a great MSP for improving cybersecurity.  We give Magna5 an average rating of 4.6.   Fan Favorite: Integris Integris is a fan favorite because of its known ability to deliver IT-managed services, cybersecurity, IT strategy consulting, and cloud consulting. This MSP’s mission is to provide personal service as a national company. (And they do a good job at it!)  Integris offers a 24/7 help desk with various services. These services range from best-in-class dedicated vCIOs to specialized compliance and security advisory services, making it the ideal MSP choice for many businesses. Pricing Integris offers custom pricing models depending on your company size.  Pros Integris is known for being good at what it does – it focuses specifically on breach detection and incident response, digital forensics, expert testimony, and threat/attack simulations.  If you need to get your IT system back on track or prepare for the cloud, Integris is a great choice for the US market!  Cons Integris’ pricing model, while custom, is known to be a bit higher for the services it provides. Considering the quality of its services, you certainly get what you pay for – but expect that payment to be more of a pretty penny.  Though it works with a wide range of businesses, Integris primarily focuses on general business services, legal, financial, and non-profit, with some advertising/marketing and government businesses.  Overall Rating With the wide portfolio of businesses it serves, it’s no surprise that Integris’ rating is 4.6. The only drawback to this MSP (in our opinion), is it’s not the best choice for larger, enterprise-sized businesses.   Best for IT Management: TruAdvantage TruAdvantage is a great MSP if you need a provider specializing in IT-managed services consulting and who can support increasing productivity and scalability.  TruAdvantage is known for its zero-minute wait time and the fact that you can talk to a real person. It also offers cybersecurity services, and its expertise in migrating clients to the cloud is unparalleled. This MSP has worked with various industries, including medical, business, legal, non-profit, and marketing.  Pricing TruAdvantage tailors its costs to the client. Its pricing model will vary depending on your company's size, industry, and what you specifically need. It also offers a “90 days of satisfaction or free” service because TruAdvantage is confident in its ability to provide for any client.  Pros TruAdvantage has an excellent reputation, retaining 100% of its clients since 2012. It’s a great choice for IT management because of its focus on improving your systems for efficiency training and scaling.  Cons TruAdvantage is skilled in both IT and cloud communications. Still, it doesn't have as much experience handling larger, enterprise-sized clients since it focuses on mostly small- to mid-market businesses.  That doesn’t mean it’s a bad choice for a big company, as TruAdvantage’s client testimonials paint a clear picture of this MSP’s hard work, but if you’re looking for an experienced MSP for big enterprise clients, you might want to look elsewhere.  Overall Rating Overall, we rate TruAdvantage a 4.5. Its ability to provide high-quality IT services and cybersecurity means TruAdvantage is one of our favorites in the US, but maybe not the best pick for a large business looking to continue to scale.   Best MSP for FinTech: Artelogic Need help with your cloud migration strategy for your FinTech company? Artelogic is the MSP for you. Expect outstanding results and guaranteed growth.  Artelogic is a Ukraine-based company with branches in New York that services clients across the globe. It is known for working in financial services and IT industries but has experience with supply chain and eCommerce companies. This MSP’s clients are predominantly midmarket, but it does work with some small and enterprise-sized businesses.  Pricing Artelogic’s pricing model fluctuates depending on your company size, the number of hours of support you need a month, and your project scope.  Pros Artelogic has raving reviews and can help with anything from developing resources for cloud solutions to website maintenance, front-end and backend support, and even UX and style guide creation.  This MSP is extremely experienced in the FinTech and IT world, and it’s known for hitting the ground running. If you have a project where you need rapid guidance and support, Artelogic is a great pick.  Cons This MSP is not the best choice for 24/7 monitoring. If you’re having cybersecurity troubles, that’s not Artelogic’s area of expertise.  Artelogic also doesn’t usually work with projects larger than $50,000. While it does have enterprise-size clients, if you’re working with a big-budget project, you might be better off looking elsewhere.  Overall Rating Overall, we give Artelogic a 4.5 rating. It offers FinTech and IT companies fantastic services, but this MSP’s lack of 24/7 monitoring brings its score down slightly. If you’re looking for help migrating to the cloud its a great choice.    Top MSP for SAP: Protera With over 20 years of experience, Protera is an MSP that can help you completely transform your SAP organization just like that. Protera’s FlexBridgeSM platform has helped customers save up to 50% of time and costs when managing IT applications on the cloud. You’ll be in good hands with this MSP.  Protera is a global SAP® partner with certifications in cloud, application management, hosting, global outsourcing, and SAP HANA. Services include cloud modernization and managed services, SAP migration and managed services, and IT security and disaster recovery. No matter if you’re working on Microsoft Azure, AWS, or Google Cloud, Protera can help.  Pricing Contact Protera’s sales teams for a custom pricing model that varies depending on company size and the nature of the project.  Pros Protera’s expertise is guaranteed. It can help you dust off your cloud services – or your old equipment, if you need to finish the migration. Since Protera has decades of experience with IT management and updating and optimizing workloads in the cloud, you can expect its teams to hit the ground running.  Cons Protera is an easy pick for any SAP company, hands down. Its only fault is that there is some pricing mystery, and it specializes in SAP businesses. If your company isn't in systems, applications, and products, it's still a great choice, but onboarding will take a little longer! Overall Rating Overall, we rate Protera a 4.5. Its only downside is the lack of visibility around pricing. But if you’re a SAP business looking for help in the cloud, this is the MSP for you.    Top MSP for Hybrid Cloud: IBM IBM has been around over a century for a reason. IBM Application Management is your go-to for MSP hybrid cloud solutions, offering a wide suite of services to help support your current IT stack and help you continue to grow in the cloud. Pricing IBM Application Management has customized pricing plans for all services, offers real-time monitoring analysis, and is a company ready to support you regardless of the industry. IBM is perfect if you’re looking to grow on a global scale.  Pros Pricing and monitoring is top-tier. IBM Application Management provides data-managed services with intelligent self-healing automation and specialized services for cybersecurity. Downtime will be reduced while your efficiency increases.  That’s not to say IBM has no downsides.  Cons IBM Application Management has so many customers it's hard for it to provide constant support. You won’t get the same customization regarding tools, monitoring, and customer support as you would with a smaller, more localized company.  IBM Application Management also has more mixed reviews. Users who need regular customer service found IBM to respond much slower than they would have liked. While also known for its usefulness, IBM's tools can be tricky to integrate.  Overall Rating Overall, IBM Application Management gets a 4.3 from us. It’s a great MSP option if you’re looking to use hybrid cloud solutions, just prepare yourself for less support than your average MSP experience!   Best for Big Projects: Intetics Inc. Looking for web, custom software, or AI development? Then, Intetics Inc. is our pick. Though on the pricier side of our list, it’s equipped to handle larger projects, especially for midmarket clients.  Intetics Inc. is known for its custom software application development, IT-managed services, and "all-things-digital" offerings made with blockchain, GIS/UAV/LBS, IoT, and SMAC. It’s also experienced with supporting and managing your infrastructure with the latest DevOps tools and migrating you to the cloud.  Intentics's Predictive Software Engineering network is a go-to provider for innovative solutions. Its background is in software engineering, which means custom and quality solutions. Industry-wise, Intetics is most familiar with medical, navigation/GPS, financial services, education, and e-commerce sectors, but it welcomes any client.  Pricing Intetics offers pricing packages starting at $50,000+, though its pricing tier varies from $300,000+ for small businesses to $1,000,000+ for enterprises.  Pros Intetics Inc. is upfront, transparent, and uses the best talent. This MSP’s strengths are in talent acquisition and retention and guaranteed results. It will address any roadblocks you have and openly communicate with you throughout the process. It can help you augment your internal team while addressing backlogs or bottlenecks. Its reviews are glowing, and there's little not to like… Cons Expect a high price tag. If you’re looking at a big project and need the lift, Intetics Inc. can help. If you’re looking for something cheap – or more flexible – you’re probably better off with a different MSP.  Overall Rating Overall, we give Intetics Inc. a 4.3 average rating. Its less flexible and higher pricing models reduce its overall score but know you’re paying for quality. If you have the budget and need the lift, its services will help.   Best MSP for Multicloud Solutions: Rackspace Finding a multi-cloud solution provider who can keep up with you stride for stride by making end-to-end solutions that scale across applications, data and security, and more, is difficult. But don’t worry – we did the heavy lifting. After searching far and wide, we can confidently say Rackspace is our go-to choice for multi-cloud.  Rackspace Technology is a global MSP. Typically customer asks include projects to build new revenue streams, create customized experiences, and increase efficiency. You can expect world-class talent at this MSP. It lives up to its motto to work faster, smarter, and to stay ahead of the curve for tech.  Rackspace works with a huge range of industries. From finance to government to healthcare to media and entertainment, you’ll be covered here.  Pricing You’ll have to contact Rackspace’s sales team to get a custom quote. Prices vary depending on company size and project ask, but reviews stated that Rackspace is on the more expensive end for MSPs.  Pros Expect user-friendly interfaces that simplify the cloud. Tasks are streamlined and time-efficient. Be it infrastructure or cloud environments, Rackspace is known for its reliability, expertise when responding to customer questions or requests. Its expertise expands into AWS, Google Cloud, Kubernetes, Microsoft Azure, and more partner platforms.  Cons Some users have complained that Rackspace’s spam/scam protection is not fully optimized, especially in regards to their email hosting platform. Costs are also a little higher than the other MSPs on this list.  Overall Rating For all that Rackspace is the MSP to go to for bespoke multi-cloud solutions, their higher prices and spam/scam protection means their overall rating is a 4.2. If you’re looking for personalized cloud services, this is the MSP for you, but be prepared for their more expensive price tag.    Best for Disaster Recovery: SADOS MSP Inc. Looking to get back on your feet after a security breach? SADOS can help. SADOS works with businesses across the United States and specializes in remote and IT businesses. Its client base is an even split between small- to mid-market businesses.  This MSP also focuses on the help desk and optimizing cloud workflows while helping with disaster recovery and other managed services.  Pricing SADOS MSP Inc.’s prices vary depending on how much support your organization requires and its size. Its prices are based monthly, and features are provided depending on the tier you decide on.  Since it often works with smaller businesses and its usual project size is typically below $10,000, its prices are, unsurprisingly, not as high as some other MSPs on our list.  Pros If you need to recover from an IT disaster and quickly get back on your feet – and you’re doing so with a limited budget – SADOS can be a lifesaver. Its straightforward pricing model means you know what you’re getting into, and its complete focus on IT services means you’re in the hands of experts.  Cons With that said, there are limitations to SADOS because of its specificity. It’s likely not the best choice for you if you’re not in the IT business since that’s outside its usual client focus. It also doesn’t have any flexible pricing models.  SADOS also, despite having great reviews, doesn’t have as many reviews as some other organizations on this list, which makes it harder to get a full picture of its business and services.  Overall Rating Because of its more limited scope of offers, pricing scheme, and reviews, we give SADOS MSP Inc. a 4.1. It’s a great option if you’re an IT company looking for IT-managed services, especially disaster recovery. Still, if you don’t fit that bill, we recommend reviewing any other MSPs on this list.  FAQ How do MSPs Work? MSPs provide outsourced IT, tech, and cloud communication services to businesses of varying sizes and in differing fields. It works by first assessing the current state of your company’s infrastructure and business needs, before adding monitoring tools and proactive maintenance practices to ensure the company can function smoothly.  How do I Know if My Business Needs an MSP? Consider your company size and how often you’re spending time on IT and tech issues.  Does your company have limited IT experience, frequent tech issues, a need for regular support, and/or issues keeping up with constant changes in compliance? If you answered yes to any of these questions, it would be worth your time to consider working with an MSP.  Why Are Some MSPs More Expensive? Management service providers scale their pricing models depending on their clients and the services needed. Pricing structures vary from tiered pricing to fixed pricing to service-based pricing.  Physical location of the client or MSP, how complex your company’s technological infrastructure is, the size of your company, and how often you need support are all factors that can either increase or decrease your MSP price tag. Make sure to get multiple quotes from different MSPs to get the best offer.  What Kind of MSP Do I Need? Consider what kind of tech support you want. MSPs are great for getting IT support or that extra lift you need to finish your company’s cloud migration.  When searching for MSPs, consider those who utilize third-party tools that can work with native cloud tools. If you want to get to the bottom of how much it costs in the cloud, you might want a provider like Anodot to work alongside your MSP.  Getting Help for Cloud Services Migrating to the cloud and managing cloud costs is just the cherry on top of running a profitable, forward-facing business. This is why no matter what MSP you decide, it’s imperative to have one that works with tools that can maximize your cloud costs and keep happy customers. Anodot’s cloud cost management solution lets you visualize the costs of working in the cloud and optimizes your spend without sacrificing efficiency.  Anodot gives you 100% visibility, so you can view all your multicloud and K8 data in one place. For MSPs and their clients wanting to adopt a more FinOps approach to the cloud, Anodot clarifies how much it costs to be in the cloud by working with your team to help spot irregular cloud spend, helping make your systems more efficient and cost-effective.  Want to try it out or learn more about what MSPs and Anodot can do together? Talk to us for more insight into cloud usage, costs, and how much you can save annually. 

The big Announcement Mark your calendars: From February 1, 2024, AWS is introducing a $0.005 hourly charge for all public IPv4 addresses. With IPv4 addresses becoming rarer and pricier, AWS is pushing us to be more IPv4-efficient and highlights the urgent need for businesses to adopt IPv6. Where's This Change Happening? This isn’t just a small tweak, it will affect all AWS services that use public IPv4 addresses. We're talking about everything from EC2 and RDS database instances to EKS nodes. And it's not just in one place; this is happening in every AWS region. Cost-Cutting Strategies: AWS has introduced 2 new tools to help you keep an eye on your public IPv4 address usage.  These tools are great at figuring out where you can cut back on costs, especially on those idle IPs. New usage types in the AWS Cost and Usage Report (CUR) - Receive detailed insights into your public IPv4 address usage, making it easier to see how your AWS bill might change. Public IP Insights - Monitor, analyze, and audit your public IPv4 addresses.with Amazon's new  VPC IP Address Management (IPAM) feature at no extra cost. Conclusion: The transition from IPv4 to IPv6 is not just a technical upgrade but a strategic step towards future-proofing your business. Start cleaning the house now by ditching those idle and unused IP addresses. Embracing the move with Anodot: Using AWS's latest tools along with Anodot's analytics enables you to create a more efficient IP management strategy.  It’s about being proactive, and cost-effective and making this transition to a more efficient IP usage as smooth as possible.

AWS MAP Program AWS Migration Acceleration Program (MAP) is an outcome-driven, methodology-based comprehensive cloud program that helps accelerate your cloud migration and modernization journey. This program is crafted using AWS’s experience of migrating thousands of enterprise customers to the AWS cloud. How does the AWS MAP Program work? The AWS MAP Program has three stages: Readiness Assessment This stage is used to identify the capabilities required in a company for the migration and build a Total Cost of Ownership model to calculate the total costs the organization will incur for managing the workloads in the cloud. The step is essential for doing a like-to-like comparison of on-premises and on-cloud. Resource Mobilization The role of the mobilization stage is to tackle the cloud migration at an operational level, which includes dealing with the shortcomings and additional requirements that are identified in the assessment phase. Modernize and Migrate This stage includes executing the migration plans created in the previous stages. This stage includes working with the AWS Profession Services team and Migration Partners. Even though AWS provides the boilerplate framework, executing this process is tedious and critical. Third-party platforms such as Anodot simplify this entire process and help you navigate AWS so that your organization is maximizing the benefits of AWS Cloud. Anodot’s team consists of professionals who are highly experienced and experts in this domain.    Challenges with the AWS MAP program Although the AWS MAP program comes with a structured approach, there are many challenges you have to deal with. Business Objective Alignment The AWS MAP program mainly focuses on the execution side of migration, which might sometimes result in deviation from business objectives. Therefore, it is always important to align the migration process with business objectives. Anodot’s team provides your organization with personalized guidance throughout the process and helps you migrate and manage the AWS cloud. Expertise and Time Commitment Cloud migration is a massive undertaking that requires highly qualified professionals with cloud migration expertise even while using the AWS MAP program. It is often wise to use a third-party platform like Anodot with highly experienced DevOps engineers and Cloud Architects. This results in setting up a highly robust and scalable cloud deployment and freeing up time for your in-house engineers to work on your product rather than deal with the headaches of the migration process. Cost Optimization and Management If the migration is not done properly, it can result in massive unexpected costs. Andot provides an AWS Cost Monitoring program with anomaly detection and cost forecasting facilities. You can connect your AWS deployment to Anodot’s cost-monitoring system within minutes. Security Security is a paramount consideration in any cloud infrastructure. Adhering to state-of-the-art practices is essential to safeguarding digital assets. This involves implementing robust encryption, access controls, regular monitoring, and staying abreast of emerging threats through continuous updates and employee training. A proactive and adaptive security strategy is crucial for maintaining the integrity and confidentiality of data in the cloud environment. Management and Training Migrating to the cloud from an on-premise system can often be challenging, especially if your team is accustomed to working with an on-prem system. Proper developer training and management strategies must be implemented for successful adoption. Using a third-party platform like Anodot to manage your AWS deployments is often the best approach for a successful and optimized cloud adoption. Migration Complexity Large-scale enterprise cloud migration is an intricate task that requires thorough planning and close-to-perfect execution. Seeking help from professionals and industry veterans for this task is often a good strategy. Anodot’s team comprises leading industry experts in the cloud migration process. Tracking and Managing Credits in AWS MAP Credit tracking and management in the AWS MAP program can be tricky due to the following reasons: Tagging Precise tagging of resources needs to be done to manage credits properly. Therefore, it is important to define clear tagging guidelines and automate this process as much as possible. Visibility and Reporting The first-party built-in reporting tools for the MAP program do not provide granular insights for detailed analysis. It is best to consider using a third-party tool like Anodot’s Cloud Cost Management tool to get enhanced visibility and reporting of MAP credits. Usage Restrictions and Expiration AWS MAP credits generally have an expiration date therefore, it is very important to plan and prioritize the projects to derive maximum benefits from the credits. Stay Up to Date It is important to stay informed and up to date to keep up with any changes in the AWS MAP program’s terms and conditions at all times to ensure compliance. Seeking the help of professionals who deal with these programs and systems day in and day out is often the best approach. Enlisting the support of seasoned professionals well-versed in the intricacies of these programs and systems is a prudent approach. How to Optimize Cloud Costs using Anodot Optimizing infrastructure costs is one of the core reasons to migrate to the cloud. Using an on-premise infrastructure has many direct and hidden costs associated with it, such as — hardware costs, maintenance costs, upgrade costs, human resource costs, etc. Hence, when you migrate to the cloud, it’s very important to reap the full benefits of the cloud and set up an infrastructure that is robust, highly scalable and cost-effective. Anodot has partnered with the AWS ISV Accelerate program to optimize costs for AWS customers and is available on AWS Marketplace. Anodot for Cloud Costs provides visibility and forecasting of your cloud costs. Companies that use Anodot can save up to 40% on their annual cloud costs. Some key features of Anodot for Cloud Costs are: Easy setup and integration. You can connect your AWS cloud to this product within minutes A central platform to visualize all cloud costs from different providers Custom dashboard creation and easy report export functionalities Anomaly detection and monitoring capabilities Alerting and notification functionalities that support — push notifications, email alerting, slack integration, page duty integration, and webhooks. Accurate cost prediction forecasts that help you to plan ahead of time   Check out Anodot on the AWS marketplace to try our cloud cost management there for free!

Back in 2014, DevOps took the tech world by storm, and now we've got another game-changer: the rise of FinOps.  FinOps is stepping up as a key player, helping companies manage and optimize their cloud costs, shaping it into an investment in a company's financial health.   However, a significant challenge has emerged: the demand for skilled FinOps professionals far exceeds the supply. [embed]https://www.youtube.com/watch?v=nFvF9McYOgQ[/embed]   Lewis Cowell, co-founder of Optimized, the world's first FinOps recruitment agency, sat down with us to discuss the nuances of finding the right candidates for FinOps roles. He shares his own hiring experience along with insights into practical solutions for bridging this talent gap. “I have a deep interest in the FinOps space. It's like cloud meets investing.” - Lewis Cowell  Why FinOps Matters FinOps professionals play a pivotal role in managing and optimizing cloud costs. They are the bridge between finance and tech teams, ensuring that cloud spending is efficient and aligned with business goals. The role involves not just technology know-how, but also an understanding of finance and the ability to work collaboratively across departments.  The Talent Gap There's a significant demand for FinOps professionals, but finding the right talent is challenging. Lewis identified three main routes into FinOps: technical backgrounds (like DevOps, cloud engineers), finance backgrounds, and those in roles like procurement or IT asset management. The key is to blend these skills along with strong interpersonal skills.  “So many people come into the space from a multitude of different backgrounds and it makes it more difficult to recruit for but also widens the net at the same time. It's a paradox.” - Lewis Cowell Breaking into FinOps Getting certified in cloud service provider platforms and FinOps is crucial to understanding the role. Seek experience within your current company, asking to work on upcoming cloud cost projects. And never forget the power of networking to learn, share insights, and connect with the community.    The Challenge of companies  Recruiting for FinOps roles is complex due to the unique blend of skills required. Besides looking for the perfect hire, companies should consider investing in training and developing internal talent.  They need to be actively involved in the FinOps community, keeping an eye out for potential candidates and building relationships. Moreover, they need to foster a culture of understanding the importance of FinOps as essential to the company's financial and operational success.   Future Prospects FinOps is more than just a job title; it's a strategic investment in a company's future. It requires a special blend of skills and a deep understanding of both technology and finance. As Lewis shared, the field is growing rapidly, but there's a significant talent gap. For those looking to break into FinOps, now is the time to build your skills and network. And for companies, investing in FinOps talent is not just a cost-saving measure, it's a way to future-proof your business. Special thanks to Lewis, for your valuable insights and for leading the way in FinOps recruitment with Optimized. Your expertise is shaping our future of cloud cost optimization. Watch the whole interview for more on his  Lewis’s journey and his expert tips.

Our solution (Anodot) and Cloud Ctrl Cost are two popular choices for a FinOps solution. With the increasing number of businesses moving to the cloud, having a third-party cost management solution like FinOps can handle all the challenges and maximize productivity in the cloud. So, which platform offers a complete FinOps solution? Let's dig deeper and analyze who provides the best solutions, technology, and support to make the most of your  FinOps culture. Company Profiles Background of Anodot We are a certified FinOps platform that helps you nail FinOps with a holistic and enhanced approach. Utilizing our features gives you complete coverage across all FinOps domains, leveling up your FinOps practices to maximize business value. We have a strong and dedicated team of top industry experts who are here to support our clients in achieving ultimate success in the cloud. Overview of Anodot's Cloud Cost Monitoring solution as a FinOps tool We are proud to be the sole certified FinOps platform designed to measure and propel success across leading public cloud providers.  Our features aim to be top-notch for FinOps capabilities, ensuring nothing is ever overlooked when it comes to managing cloud finances.       100% visibility: Our dashboard provides all the necessary factors for cloud operations, such as KPIs, baselines, flexible cost allocation, advanced reporting capabilities, and savings recommendations. Access to our recommendations: We have a comprehensive library of over 50 easy-to-implement savings recommendations tailored for AWS, GCP, and Azure.  Market-leading tools in business monitoring: Our generative AI platform, with products like CostGPT and ML-based algorithms, lets you dive deeper into cloud costs than ever before. It's like having superpowers to understand your expenses!         Background of Cloud Ctrl Cost Cloud Ctrl Cost enables organizations to make informed decisions, detect cost overruns, and optimize cloud spending. Its real-time cost anomaly and waste detection capabilities help prevent accidental overspending and drive profitability. Overview of CloudZero's cloud cost monitoring solution as a FinOps tool Cloud Ctrl was initially created as an in-house solution by SixPivot, an Australian software development consultancy. Although it is compatible with AliCloud, AWS, Azure, and GCP platforms, it lacks the comprehensive capabilities required for an effective FinOps solution. Uncertified platform: The FinOps Foundation has not recognized it as a genuine FinOps platform. Limited Cost & Usage Meterics: Exclusively AWS, K8s, and Snowflake. Consultant-based: There are no dedicated leadership or engineering teams. Instead, a team of 40 people offers core consultancy services and oversees two unrelated products. Breakdown of FinOps features Cloud Computing   Anodot Our advanced features help streamline procurement and pricing decisions by providing cost and usage data visibility across multiple platforms. We offer real-time anomaly detection, predictive analytics, and automated recommendations to optimize cloud spend.   Comprehensive Cost & Usage Metrics: Unlike other solutions, Anodot supports a wide range of platforms, allowing users to gain insight into their entire cloud infrastructure and make informed decisions about cost optimization. MSP-oriented: Our product features are designed with MSPs in mind. They enable optimizing cloud savings by automating operations such as advanced cost allocation, reporting, billing rules, custom charge types, credit management, and SP/RI re-allocation. Real-time monitoring: Automated real-time anomaly detection ensures timely alerts and actions to keep your cloud investments on track. Cloud Ctrl Cost Cloud Ctrl Cost supports all major public cloud providers but lacks in competitive features, especially for MSPs.  Minimal access to Cost and Usage: Users cannot access cost and usage insights for Azure MCA, K8s, or metrics. Rate calculation and grouping with Cost & Usage Explorer are also unavailable. Limited view: Cannot support multi-cloud features like cloud view, reports, or dashboards. Lack of MSP billing options: It offers general MSP billing but does not include advanced features like multiple rule settings, margin history view, and reporting for a comprehensive cloud cost management overview. Anodot or Cloud Ctrl Cost: Which provides the FinOps capabilities you need? recognized and doesn’t give users a comprehensive view of your cloud costs. This begs the question, how can businesses truly scale if you’re not given the FinOps tools to perform at maximum potential in the cloud?  After exploring Anodot and Cloud Ctrl Cost in depth, only one provider offers the tools, support, and MSP features for organizations to make an impact in their cloud with FinOps practices. With us, you won't find any gaps in cloud costs, and we have the FinOps-verified badge to prove it!  Partnering with Anodot means you'll have comprehensive visibility into KPIs and baselines, flexible cost allocation, advanced reporting capabilities, and savings recommendations.  And if you identify as an MSP, we’ve got you covered, too!   

MSPs using CloudHealth are in for an abrupt start to 2024. VMware, which acquired CloudHealth, is ending its partner programs. Instead, they're rolling out the exclusive Partner Program, starting from February 5, 2024. The switch will impact solution providers, resellers, and cloud services partners. With this new selective partner program, MSPs face fresh challenges in meeting the latest standards. This announcement brings uncertainty for MSPs like WWT CEO expressed last week, but we're here to provide you with all the info in our FAQ to make savvy decisions about your FinOps platform.  Exploring multiple FinOps tools, including Anodot, can offer your clients diverse insights, enhanced capabilities, and a tailored approach to their unique needs. Consider the advantages of incorporating Anodot into your toolkit, empowering you to provide comprehensive and specialized FinOps services to meet a spectrum of client requirements during this transition. Q1. What is the uncertainty about?  The Broadcom Advantage Partner Program will replace VMware's partner programs starting February 5, 2024, after Broadcom acquires VMware. The program will invite select partners based on certain criteria. However, uncertainty remains among CloudHealth partners regarding the program's invitees and specific details. FYI: Anodot provides an open and accessible platform, eliminating uncertainties associated with exclusive partner programs and ensuring equal business opportunities. Q2: How does Anodot help MSPs? Anodot acts as a strategic partner, offering stability and clarity in a time of uncertainty. Our proactive support and commitment to customer success make Anodot a reliable choice for businesses navigating FinOps. Q3: What advantages does Anodot bring to MSPs? Anodot's one-of-a-kind feature for MSPs facilitates seamless management and scaling of existing clients. This innovative approach ensures operational efficiency, proactive issue resolution, and enhanced security, providing MSPs with a robust solution for their ecosystem. Our AI-powered solution eliminates the manual work of handling cloud costs, empowering MSPs to efficiently manage and scale their existing clients.  Q4: Can Anodot accommodate the scale of MSP operations? Absolutely! We offer an exclusive rebilling structure tailored specifically for MSPs. Our system automates cost management through action discounts and refunds, reallocating Reserved Instances (RIs) and Savings Plans (SPs), assigning billing tiers, and recalculating data. This enables greater scalability, ensuring optimal efficiency and effectiveness. Q5: What makes Anodot's Cloud Cost Optimization a better alternative for MSPs than others? Anodot's Cloud Cost Optimization offers deeper insights, actionable recommendations, real-time incident detection, a user-friendly interface, advanced Kubernetes visibility, AI-powered forecasting, and a focus on immediate value and business context. These features make it a great alternative to your FinOps tool, especially for MSPs handling complex and ever-changing cloud environments. The best part? These advanced tools are competitively priced compared to others, offering better margins without sacrificing performance. Q6:  For MSPs considering a transition to a different provider, how can Anodot assist in facilitating the migration process? Anodot offers a seamless transition, guaranteeing uninterrupted business operations. In the face of Broadcom's uncertain clarity and potential disruptions, Anodot stands out as a secure and reliable solution for all your monitoring requirements. Our team ensures a smooth migration process, minimizing downtime and potential disruptions and delivering a seamless experience that keeps your business running smoothly. Don’t identify as an enterprise? Anodot ensures that smaller businesses receive the same level of attention, cost-effectiveness, and support as larger enterprises. Q7: How many partners and MSPs have used other FinOps tools before partnering with Anodot? We've seen tremendous adoption with hundreds of accounts and MSPs, such as Automat-IT, Protera, CloudZone, ACA Group, and TeraSky, using our innovative FinOps solution. You can discover our case studies and learn how organizations leverage Anodot technology. Click here. Q8: Do you support Rebilling and Invoice Generation? Absolutely! Our system seamlessly supports rebilling and invoice generation, one of our biggest strengths. This, along with our competitive pricing, is why MSPs choose Anodot. Q9: Are you supporting all Clouds? Yes! Anodot is designed to support all major Cloud platforms. AWS, Azure, and GCP are the most popular cloud platforms among our MSP partners, and most of our in-house recommendations relate to these clouds. Q10: What are your main strengths? Anodot's Cloud Cost Optimization boasts four key strengths that set us apart in the market: Intelligent Recommendations: Our platform leverages advanced algorithms to provide intelligent recommendations tailored to your business needs. These recommendations go beyond basic insights, offering actionable suggestions to optimize your cloud spending effectively. Advanced Machine Learning Capabilities: Anodot harnesses the power of cutting-edge machine learning to deliver predictive and proactive insights. This means we don't just analyze historical data; we anticipate future trends and potential cost-saving opportunities, enabling you to stay ahead in the dynamic landscape of cloud services. Innovation with CostGPT: Anodot takes innovation a step further with CostGPT, our revolutionary tool powered by the latest advancements in language models. CostGPT enhances the user experience by providing contextualized insights, cost projections and answering complex queries related to your cloud costs. It's like having a cost optimization expert at your fingertips, making your decision-making process even more informed and efficient. Advanced Anomaly Detection: Anodot's anomaly detection capabilities are at the forefront of the industry. Our advanced algorithms identify irregular patterns and potential cost anomalies in real-time, alerting you to deviations from the norm. This proactive approach allows you to address issues swiftly, minimizing potential financial impacts and optimizing your cloud spending. In essence, our main strengths lie in understanding your current cloud cost landscape and guiding you toward strategic decisions that positively impact your bottom line. Anodot is not just a tool; it's a partner in your journey to maximize efficiency and cost-effectiveness in the cloud. Q11: Do you support the multi-vendor approach during Transition? Absolutely! We are API-first, and our partners often adopt a multivendor approach, seamlessly transitioning at their own pace. Q12: What is your business model? Anodot operates on a tier-based pricing model that ensures every dollar spent doesn't cause a different charge. Our pricing is transparent and attractive, significantly improving your margins. Lets Talk! Q13: What regions are you supporting? Anodot supports businesses in all regions with multicurrency capabilities, providing comprehensive Cloud Cost Optimization worldwide. Q14: Does Anodot have a partner program? Of course! Anodot is proud to have a robust Partners Program. We currently serve hundreds of accounts under our partners, including MSPs with over 3000 active users monthly. If you're interested in exploring partnership opportunities, contact us now and let us showcase our platform. We're not just a solution; we want to be a part of your success! Have additional questions or concerns? We understand that this is a significant change to your practices and operations for MSPs. Hopefully, our answers above give insight into what to expect with Anodot’s partner program. However, this information only touches the surface of what’s to come. So please feel free to reach out. We’d be happy to assist you in ensuring a seamless transition from your current tool to an advanced FinOps solution. Let’s talk! Already intrigued by our Cloud Cost Optimization?  Click below to schedule a personalized demo and witness firsthand how Anodot empowers MSPs with innovative AI tools, one-of-a-kind features, and cost-effective solutions. Make the proactive choice for your business's future with Anodot.  

In a recent article published by Economic Times on Dec 29, 2023, titled "Banks Told to Explore Dashboard with Real-Time Info on Services," the Reserve Bank of India (RBI) has urged banks to embrace real-time transparency through the creation of an online dashboard. Anodot, a leader in business monitoring, is at the forefront of transforming the banking sector with its advanced real-time business monitoring dashboard designed for internal usage within banks. [embed]https://youtu.be/hRM_yX9zu1I[/embed] What does this mean? It means it's high time for banks to embrace the significance of real-time actions, and dashboards (like Anodot) can be here to lend a hand.   Why Anodot's Real-Time Monitoring is the Best for Banking Excellence As banks grapple with technical glitches causing service disruptions, Anodot offers a robust solution—an advanced real-time monitoring dashboard designed for internal use. This dashboard empowers banks to proactively identify issues that could affect security, revenue, or customer experience, ensuring a seamless and secure banking environment. Immediate Benefits for Banks with Anodot features Anodot's real-time monitoring dashboard provides banks with unparalleled capabilities to: Optimize Revenue Streams: Immediately Identify anomalies impacting revenue streams, allowing swift corrective action to be taken. Enhance Security: Detect potential security threats in real-time, safeguarding sensitive information and customer data. Improve Customer Experience: Proactively address issues that could impact customer experience, ensuring satisfaction and loyalty.   Banks, facing penalties for service disruptions now have an opportunity to elevate their monitoring capabilities with Anodot's solution. By integrating Anodot's real-time dashboard into their operations, banks can move beyond reactive measures and adopt a proactive stance, identifying and resolving issues before they escalate. Insights for Retail Investors For investors in bank stocks, Anodot's real-time dashboard underscores the importance of technology in mitigating risks. It highlights the potential for banks to invest in advanced business monitoring solutions, enhancing their resilience and market standing. Impact on Industries: Opportunities with Anodot Anodot's real-time monitoring dashboard has far-reaching effects on various industries: Fintech Software: Integrating Anodot's solution becomes pivotal for offering robust and secure financial services. IT Services & Infrastructure: Anodot's advanced monitoring drives demand for modernization and proactive issue resolution. Telecom: Ensuring connectivity for seamless banking services gains prominence with Anodot's real-time insights. AdTech and Gaming: Anodot's success in AdTech and Gaming showcases the adaptability of its monitoring solutions, providing insights and trust in dynamic and high-transaction-volume environments.   Anodot's Exceptional Pedigree in Real-time Monitoring Excellence Long-Term Structural Improvements Anodot has over ten years of experience providing real-time monitoring that can lead to valuable insights. Resilient Infrastructure: Banks undergo a structural overhaul, enhancing their technology foundations for peak capacity, security, and process complexity. Responsible Innovation: The rollout of new features prioritizes stability, aligning innovation with execution capability. Level Playing Field: Uniform visibility enables objective comparisons, preventing weak IT budgets from hiding behind marketing claims. Business Continuity: Standardized redundancies, instant failovers, and geographic contingencies minimize the impact of outages. Trust Building: Reliable functionality establishes credibility, driving financial inclusion and a more inclusive banking experience. However, balancing transparency responsibly is crucial to avoid trivializing customer complaints without appreciating the scale of difficulties involved. Short-Term Positives: Immediate Benefits and Scrutiny with Anodot In the short term, Anodot's real-time monitoring dashboard offers: Granular Insights: Instant visibility enables proactive issue resolution, ensuring a secure and seamless banking experience. Optimized Operations: Swift corrective actions based on Anodot's insights result in revenue optimization and enhanced customer satisfaction. Vendor Accountability: Clear visibility into recurring issues allows banks to hold third-party vendors accountable, ensuring robust partnerships. Leadership Motivation: Public metrics serve as a performance indicator, motivating urgency in stabilizing systems. The extent of progress depends on the successful integration of Anodot's real-time dashboard across banks and effective communication within the industry. Companies Impacted with Anodot The adoption of Anodot's real-time monitoring dashboard has different implications for various companies, including Companies Gaining with Anodot: Fintech Companies with Real-time Data Analytics Solutions powered by Anodot Digital Payment Infrastructure Providers benefitting from Anodot's reliability insights Banks with Robust Digital Infrastructure leveraging Anodot's predictive analytics IT Consulting and System Integration Firms with expertise in Anodot-powered solutions Anodot collects and analyzes data across the entire payment stack and ecosystem. All metrics are monitored at scale, enabling operators to achieve complete visibility over the payments environment. Anodot’s patented correlation engine correlates anomalies across the business for holistic root cause analysis and the fastest time to resolution, leading to significantly improved approval rate, performance, availability, and customer experience.   Banking Excellence is Possible with Anodot as a Partner As the Economic Times highlights the RBI's push for real-time transparency, Anodot is here to equip banks with advanced monitoring capabilities. With its powerful dashboard, Anodot is a game-changer for banks looking to thrive in the digital age by boosting revenue, enhancing security, and improving customer experience. And it's not just limited to banking—Anodot's adaptability spans industries like fintech and telecom, backed by a decade of specialized experience. By integrating these real-time insights, banks protect their operations and foster trust and loyalty among customers, gaining a competitive edge. The message is crystal clear: embracing proactive, real-time monitoring with Anodot isn't just about avoiding penalties or disruptions—it's about seizing an opportunity for transformation and delivering excellent service.   Discover how Anodot can enhance your financial business with flawless customer experience, payment optimization, and operational excellence. Let's talk.