Kumoco
Our story
Kumoco was founded in 2013 by Paul O’Shea and Terry Benge
to change and disrupt the way technology is delivered
(Kumoco is Japanese for Cloud Company)
Who we are
We are a cloud management company dedicated to excellence in helping clients reach their business goals through the ‘plug and play’ adoption of AI-powered cloud technology
Our mission
To make it easier for companies to achieve their business goals through the adoption of cost-effective, AI-powered cloud management technology
Kumoco Cloud Manager
Our cloud management platform instils our clients with a sense of confidence in the intelligent data and insight it provides
Product or Service Overview
Kumoco Cloud Manager: FinOps & Cloud Mgmt for Enterprise
With a decade of enterprise experience, Kumoco has created the optimal solution for the cloud-centric era – a powerful suite that patrols your entire cloud estate and delivers actionable insights, for C-Suite and Operations alike.
The app is fully scoped and certified by ServiceNow, ensuring all data is held within your existing instance.
Our holistic FinOps and cloud management solution, powered by intelligent AI, gives you:
- comprehensive governance
- control of spend
- workflows and automation to implement changes fast
01 FinOps Visibility
Kumoco FinOps provides the financial management discipline and cultural practice to ensure money is spent wisely across Cloud and IT.
– Cost – Achieve clarity on where money is being spent, on which providers, and what projects or cost centers
– OpEx/CapEx – Allocate CapEx and OpEx tags to ensure correct cost center allocation
– Effectiveness – continuous governance ensures IT costs are always monitored and recommendations acted upon.
02 Budgeting
Kumoco FinOps simplifies tracking and management of budgets
– Manage – Track current budgets and monitor variances
– Track Budgets – See actuals vs budget by cost center, services, departments, projects, and clients, all via reports and dashboards
– TCO – Understand Total Cost of Ownership (TCO) of a cost center, product or department
– Pre-Purchase Visibility – Track consumption commitments and capacity reservation
– Manage Credits – Ensure credits from cloud providers are managed and applied
03 Forecasting
Kumoco FinOps provides accurate insights about planned spend
– Contract Management – Leverage insights to optimize cloud provider contracts
– Consumption – Understand if an annual minimum spend commitment will save your organization money and monitor the usage of the commitment.
– Pre-Purchase – See what cloud capacity is being reserved, how it is being used, and plan what should be pre-purchased to reduce costs
– Forecasting – Monthly forecasting / re-forecasting and real-time forecasting: enable teams to plan and check that their forecasts are accurate
04 Billing
Kumoco FinOps promotes financial responsibility throughout your organization
– Showback – Reinforce responsibility within your organization with cost center/project-specific dashboards and reporting
– Chargeback (Recharge) – Charge cost centers/projects and departments correctly for their cloud usage
– Billing – Apply uplifts or discounts and create invoices for departments, operating companies, clients, cost centers etc.
05 Risk
Kumoco FinOps provides insights to cloud risk
– Vendor Lock-in – Review the risk of vendor lock-in by understanding the spread of your cloud costs and critical dependencies
– Compliance – See in real-time the state of cloud compliance against industry, regulatory and in-house standards. Benefit from recommendations with automation to fix particular issues in real-time
– Complexity – As new cloud technologies are deployed, a skills gap can open, increasing the risk of compliance issues. Kumoco identifies such risks to your business
06 Analytics & KPIs
Kumoco FinOps provides access to all your data
– Dashboards – Start with Kumoco’s out of the box dashboards and graduate to views tailored to your particular projects, departments and use cases
– Report & Business Intelligence – A fully functioning reporting and BI engine is available to allow any query to be run. Leverage 100s of integrations to pivot cloud data against other enterprise data sources
– Environmental Social Governance (ESG) – Track your progress against your environmental policies and social goals. Use gamification to engage and encourage your teams to save energy
07 Change Management
Kumoco FinOps drives change management to reduce risk
– Process – Kumoco solutions come with best practice processes that can be implemented out of the box
– Project Plans – All recommendations can be exported to a kanban board, project plan or via tickets to your support department for easy planning
– Organizational Change – Roles and responsibilities are clearly defined so your teams know exactly what they should be doing
– Automation – Every recommendation comes with a clear description, supporting data and orchestrated automation or, if required, actual scripts for engineers to use to fix the issue
08 Environmental, Social, and Governance (ESG)
Kumoco FinOps provides insights on your environmental goals and policies.
– Carbon Offset – Understand the carbon you can offset by implementing Kumoco recommendations
– Carbon Credits – Recommendations identify Carbon Credit opportunities. For example, for every 2 instances you turn off 1 carbon credit is created
– Reporting – See at a glance your current carbon savings and what needs to be done to gain the next carbon credit
