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Maximize the Value of Your Software Estate

Thought-Leadership by Bali Kuchipudi
on November 18, 2016

pyracloud-blog-image.pngA typical company will spend 20% of their IT budget on software. Software is one of those assets that is not as tangible as a hardware asset. Think about it, if your company buys a bunch of servers and laptops, there is a very methodical process to evaluating the best upfront options to purchase. And once those servers and laptops are purchased, you will tag, track, and monitor their lifecycle to help you determine when to upgrade them.

Manage your software entitlements and monitor your software consumption

If this same methodology is used for software, organizations can save significant spend on software.   Enter SoftwareONE’s proprietary PyraCloud platform. As the leading global provider in Software Portfolio Management (SPM) services, SoftwareONE helps you maximize the value of your total software estate through a complete end-to-end lifecycle methodology, with PyraCloud being the platform that brings the SPM methodology to life. PyraCloud provides the capability to procure software at the best value, while supporting the ongoing management of those entitlements as well as monitoring the consumption of those assets amongst your end users. 

The combination of SoftwareONE and PyraCloud can help organizations save anywhere between thousands to millions of dollars on software spend. Be strategic with your software spend. Don’t just keep the lights on.

Current Situation: On-premise and Cloud

Let’s look at the current situation: More and more companies are starting to take advantage of the benefits the cloud can offer. As we discussed before, just like a software asset is more difficult to conceptualize than a hardware asset, a cloud resource is an “intangible asset”. The cloud resource can be consumed on a pay-as-you-grow and paying on a monthly basis. The small monthly bills might not be that much, but when you step back and look at the total bill, it might be way over budget.   We at SoftwareONE believe that software assets, both on-premises and in the cloud, need to be managed as a tangible asset. 

Cloud Consumption Analytics for Microsoft Azure, Office 365, and Amazon Web Services

Just this week, we announced an enhanced PyraCloud platform empowering organizations to maximize the value of all software assets – on-premise and in the cloud. With new feature rich solutions to manage cloud spend in addition to our already market leading on-premises software management capabilities, PyraCloud is equipped with consumption analytics modules for Azure, Office 365, and AWS along with cloud brokerage and decision support capabilities. PyraCloud will help you choose and monetize the best and most cost-effective cloud solutions. In addition, we will be introducing a rich user interface to provide you with an exquisite user experience. If you are using Azure, Office 365, and AWS and want a view of consumption to manage the overall budget and forecast, the PyraCloud platform is your solution. 

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Want to know more detail about PyraCloud? 

The Enhanced PyraCloud Platform will be Generally Available 1Q2017. For more information, check out:

  • The official Press Release – “SoftwareONE Launches Enhanced PyraCloud Platform”

  • Our FREE eBook - “A Modern Approach to Software Portfolio Management”. 

SoftwareONE PyraCloud team members will be at the AWS re:Invent conference the week of November 28th. If you are going to be there at the event and would like to meet with the PyraCloud team, please contact me and we will coordinate a meeting. 

Finally, we have a PyraCloud Webinar week scheduled for the week of December 5th. Click the banner below to register for these FREE webinars in your local time zone. The Webinar will give you an excellent overview of the new capabilities of the PyraCloud Platform and will give some details on what you missed at AWS re:Invent.

 

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