Why Cloudthread Series: Part 3 – Savings Tracking

In our journey through the Cloudthread series, we've explored the challenges of discovering cloud cost-saving opportunities and the intricacies of communicating these insights to engineering teams. Now, let's tackle another significant aspect: tracking these savings, reporting the results to leadership, and motivating teams for continuous action.

Before Cloudthread: The Tracking and Motivation Dilemma

Once cost-saving opportunities are identified and communicated, the next challenge is ensuring they're acted upon and tracking the results. Here's what organizations often grapple with:

• Tracking Woes: With multiple engineering teams working on various optimization tasks, keeping tabs on who's doing what and the savings achieved can be a logistical nightmare.
• Motivation Gaps: Without a clear way to recognize and reward teams for their optimization efforts, motivation can wane.
• Reporting Challenges: Presenting clear, concise, and actionable reports to leadership on savings achieved and opportunities missed can be a daunting task.

After Cloudthread: A Comprehensive Solution for Tracking and Motivation

Cloudthread offers tools and features that address these challenges head-on:

• Savings Dashboard: The Savings Dashboard provides a high-level overview of cost savings workflows represented by savings threads. It offers key features like cost insights cards, workflow summary cards, and savings charts, giving a clear picture of the current savings landscape.
• Team Leaderboard: Cloudthread introduces a Team Leaderboard that showcases the achievements of different engineering teams in terms of savings. This not only fosters a healthy competitive spirit but also serves as a foundation for incentive programs.
• Detailed Reporting: With Cloudthread, reporting to leadership becomes a breeze. The platform offers detailed insights on savings achieved, opportunities still on the table, and even breaks down savings by category, providing a comprehensive view for decision-makers.
• Motivation Boost: The leaderboard, combined with clear tracking, ensures that engineering teams are not only aware of their achievements but are also motivated to continue their optimization efforts.

Conclusion

Cloudthread goes beyond just identifying and communicating savings opportunities. It ensures that these opportunities are tracked, teams are motivated, and leadership is well-informed. By providing a holistic solution to the challenges of cloud cost optimization, Cloudthread is setting a new standard in the industry.

Thank you for joining us on this journey through the "Why Cloudthread Series". We've explored the challenges and solutions in cloud cost optimization, and we hope you've gained valuable insights. If you're looking to transform your cloud cost management approach, Cloudthread is here to guide you every step of the way.