Tangoe, a complete solution for order, invoice, inventory and expense management across telecom, mobile and cloud environments, has unveiled a major enhancement to its Tangoe Platform for cloud. The enhancement is intended to help organizations solve chronic cloud challenges like lack of centralized visibility, overspending on budget and overestimating capacity and business needs.
It would deliver all of the capabilities of the original Cloud Expense Management (CEM) solution, including proactive usage management and industry-leading cloud expense management, along with new features powered by enhanced automation and an all-new Reporting and Analytics engine.
Tangoe’s solution helps enterprises “effectively” manage expenses for their complex cloud environments by shedding light on spend, usage, allocations and more, revealing issues that organizations may be unaware of.
New features of the enhanced Cloud Expense Management solution include:
Pulse alerts – These customizable alerts send an email notification when a predetermined limit in budget, storage or time frame is reached, allowing customers to act on rising cloud costs and avoid any potential cost shock.
Automated data pulls – The Tangoe Platform now connects via API to Amazon Web Services (AWS) and Microsoft Azure portals to automatically import detailed daily usage data and tagging information into one centralized location, allowing advance reporting on issues like false alerts, and ensuring accuracy for ongoing reporting and cost allocation. These daily data pulls would allow organizations to be efficient in their cloud spend, right-sizing their cloud footprint by showing what cost centers are using which resources.
New reporting and analytics – The solution features an all-new reporting and analytics engine that provides comprehensive cloud service data. This would allow organizations to pinpoint opportunities for savings, reveal hidden issues and make proactive decisions.
“Driven by customer demand and backed by our long history of innovation in expense management, the Tangoe Platform with its enhanced cloud application delivers a complete solution that offers optimization as well as cloud expense management,” said Ivan Latanision, Chief Product Officer at Tangoe. “With this solution, Tangoe is helping our customers optimize the cloud, reach new levels of business intelligence and power their business.”