With the dynamically increasing usage of cloud resources, the ability to use these cost-effectively is becoming a major challenge. Recent studies from market analysts such as Gartner show that about 80 percent of companies are significantly overspending. Effective cloud cost management can save up to 40 percent of infrastructure costs. For this reason, USU experts have developed a new Cloud Cost Management Service based on established USU solutions. This offers organizations and their FinOps teams user-friendly cost reporting for complex multi-cloud environments from AWS, Google Cloud Platform, and Azure.

USU will present its service and solution portfolio for IT management at two international industry events: the ITAM Review Conference “ITAM & FinOps: How to Win Big” on September 12, 2023, in Las Vegas, and The Gartner IT Symposium/Xpo™ from November 6-9 in Barcelona. Further information and a demo on Cloud Cost Management are available on the USU website.

With the “Cloud Cost Management” service, USU supports companies in gaining transparency and minimizing financial risks by displaying the costs, usage, and utilization of Compute and Database Cloud Services. The licensing requirements for operating systems and database licenses not covered by the cloud providers‘ pay-as-you-go model are also displayed.

FinOps teams need these consolidated insights to better manage their cloud environment, monitor costs, and plan their investments. By combining data discovery technologies and managed services, USU automates data collection, monitoring, evaluation, and ongoing reporting. While USU takes care of all the technical details and ongoing management, the customer can focus on the results to derive strategic measures and create corresponding added value.

"Based on experience, the ROI in the area of Cloud Cost Management is just a matter of months. For example, solely by identifying unused compute instances in Azure, we were able to achieve immediate savings of up to 22 percent for our clients," says Rebecca Horton, Managing Director & Business Lead at USU.

Über die USU Software AG

As a leading provider of software and service solutions for IT and customer-service management, USU enables companies to manage the requirements of today’s digital world. Global organizations use our solutions to cut costs, become more agile, and reduce risks – with smarter services, simpler workflows, and better collaboration. With more than 45 years of experience and locations worldwide, the USU team brings customers into the future.

In addition to USU GmbH, which was founded in 1977, the subsidiaries USU Solutions Inc., USU SAS and USU GK also belong to USU Software AG (ISIN DE 000A0BVU28), which is listed in the Prime Standard of the German Stock Exchange.

Further information: https://www.usu.com

Firmenkontakt und Herausgeber der Meldung:

USU Software AG
Spitalhof
71696 Möglingen
Telefon: +49 (7141) 4867-0
Telefax: +49 (7141) 4867-200
http://www.usu.com

Ansprechpartner:
Dr. Thomas Gerick
Corporate Communications
Telefon: +49 (7141) 4867-440
Fax: +49 (7141) 4867-300
E-Mail: thomas.gerick@usu.com
Falk Sorge
Investor Relations
Telefon: +49 (7141) 4867-351
Fax: +49 (7141) 4867-108
E-Mail: falk.sorge@usu.com
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