CloudThrottle addressed these challenges through our unique approach:
Single Pane of Glass: We provided a unified console to manage all cloud accounts, offering a comprehensive view of resource utilization and costs across multiple cloud platforms.
Federal Vertical Expertise: Our solution was specifically designed to handle complex federal and state government projects. We integrated vendor and account management capabilities to streamline operations and ensure accurate budget and expense tracking.
Importance of Federal Vertical Expertise:
- Accurate Financial Tracking: Federal agencies often receive vendor discounts or credits that need accurate tracking. CloudThrottle incorporates these into the financial and expense reports, ensuring precise budget burn-rate tracking.
- Vendor Management and Transition: Due to the contracting nature of federal government projects, vendors change after the contracting period ends. This changeover can create significant work to identify and transfer all accounts to the next vendor. CloudThrottle's patented strategies streamline this process by clearly distinguishing between accounts inherited from previous vendors and those created during the current contract period. This capability simplifies vendor transitions, reduces administrative burdens, and ensures continuity and accuracy in account management.
Implementation
Our implementation strategy involved:
Resource Scheduler: Introducing CloudThrottle's resource scheduler, which allows for the automatic shutdown of non-critical systems during off-peak hours, significantly reducing costs.
Customizable Resource Allocation: Enabling each department within the USPTO to define its resource utilization schedules based on operational requirements.
Budget Monitoring: Implementing real-time budget monitoring capabilities to alert managers when spending approached thresholds, preventing budget overruns.
Technical Insights
- Automated Scheduling: The scheduler redefined operational hours for cloud resources, ensuring they were active only when needed.
- Budget Integration: Seamlessly integrating with the USPTO's existing cloud infrastructure, the scheduler implemented changes without disrupting operations.
- Cost Optimization: Customizable schedules and automated shutdowns minimized resource waste and optimized cloud spending.
Outcomes
The implementation of CloudThrottle's unified multi-cloud management solution resulted in:
- 58% Reduction in Cloud Expenditures: By optimizing resource schedules and reducing unnecessary costs, the USPTO achieved significant savings.
- Enhanced Budget Predictability: Real-time monitoring and proactive budget alerts improved financial discipline.
- Operational Efficiency: Customizable resource allocation ensured that resources were used efficiently, aligning with the USPTO's operational needs.
Impact Visualization
The impact of our solution is visually represented in the graph below, illustrating resource usage and cost savings before and after implementing CloudThrottle's scheduling technology.
Advancing Cloud Financial Governance
CloudThrottle's approach to cloud financial governance is proactive, aligning cloud spending with broader business objectives. Our platform supports federal agencies in achieving strategic goals through:
- Automated Budget Proration and Rollover: Ensuring budgets reflect actual expenditure needs.
- Real-Time Monitoring: Providing actionable insights to prevent overspending.
- Collaborative FinOps Culture: Promoting cost accountability and financial visibility across departments.
Through our partnership with the USPTO, CloudThrottle has demonstrated the effectiveness of our unified multi-cloud management solution. Our innovative technology and strategic planning have enabled operational efficiency and budget compliance, reinforcing our commitment to excellence in cloud financial governance.
Ready to Optimize Your Cloud Resources?
Discover the difference CloudThrottle can make in your organization's cloud management strategy. Contact us today at +1-571-295-7776 for a personalized demonstration or to discuss how we can tailor our solutions to meet your needs. Embrace the future of cloud financial governance with CloudThrottle.
