Calculating the cost of cloud computing
Figuring out the real cost of IT and the projected return on those investments has never been very easy. And with the rise of cloud computing services where pricing can change on a daily basis, it’s only going to get more difficult.
To help address this issue, Digital Fuel, a provider of applications for managing IT budgets, is rolling out a cloud computing extension to its suite of IT financial-management applications that are delivered as a service.
According to Digital Fuel CEO Yisreal Dancziger, the service includes an IT Cloud Cost Management Module that features connectors to all the major cloud computing services that track pricing.
Dancziger concedes that volume pricing and spot pricing for cloud computing services may affect costs, but most of the major service such as Amazon have pretty consistent pricing.
