Cloud Cost Allocation Guide
Use this guidance to better understand cost allocation as it relates to cloud services and how it’s a foundational part of any FinOps practice.
MagicOrange is the market’s most advanced, cloud-native IT Financial Management platform. Our proprietary technology enables CIOs & divisional leaders to identify and align their costs with the business and increase visibility of complex cost combinations. For the first time, CFOs can allocate costs equitably and openly – not only for cost-recovery but also as a method of managing usage and demand.
We assist our customers through their IT Financial Management/Technology Business Management and Cost Transparency journeys by helping to drive profitability and unlock value. Our Gartner recognised MagicOrange solution helps you to understand your profitability & costs, enables you to utilise assets efficiently, shows accurate profit margins and reduce manual effort. This provides actionable insights that will drive your business transformation and future growth.
MagicOrange Prism is an intelligent cost allocation platform for enterprises needing to correlate and assign IT, shared service and direct divisional spend to business activities at scale. Unlike other solutions in the IT Financial Management Market, MagicOrange’s intelligent ITFM platform is built for flexibility to meet the needs of enterprise. MagicOrange delivers enterprise CIOs, CFOs and Heads of IT an accurate, flexible and reliable solution they can trust.
Some of our solutions include: