Cloud Services

Cost & Asset Management

Introduction to Cost & Asset Management

Discover CAM essentials to kick-start your application experience. Learn CAM capabilities, functions, and insight into cost analysis and performance.

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Cost & Asset Management (CAM) is a Governance Console tool that provides a comprehensive, data-driven view of service providers. This application lets you visualize and analyze costs, gain insights into savings trends, and recommend using different providers' assets. 

CAM is designed to continuously identify and notify leaders when there is an opportunity for cost savings, encouraging a proactive and forward-thinking approach.

By visualizing, optimizing, and operating your costs and assets data, some key core capabilities of CAM are:

  • Analyze cost and asset performance and view forecasting cost data to determine the cost of running your business now and in the future. Understand what assets users consume, their costs, and any rightsizing opportunities based on utilization.
  • Visualize and analyze assets and costs with tools that help you make informed decisions about your business.
  • It's crucial to strategically align your costs for the future. CAM helps you identify underutilized services and unnecessary spending, enabling you to make informed decisions that align with your strategic goals.With CAM, you can efficiently view and manage Provider Tags across the multi-vendor hybrid cloud landscape, enhancing productivity. Establish policies that flag when a defined efficiency threshold has not been met.

Cost & Asset Management editions

Platform Edition

Provides Cost and asset Management for external users to manage client-owned and Kyndryl-managed provider accounts with four (4) months of data. Account teams supporting external customers have access to the full suite of Cost and asset Management services, including the Insights Dashboard, Policy Settings, and Committed Use Discount Plan

Essentials Edition

Provides Cost & Asset Management for external users to manage Kyndryl-managed provider accounts with four (4) months of data. Account teams supporting external customers have access to the full suite of Cost & Asset Management services, including the Insights Dashboard, Policy Settings, and Committed Use Discount Plans.

Premium Edition

The Premium Edition provides the full suite of Cost & Asset Management tools, including Insights Dashboards, Policy Settings, and Committed Use Discounts. It displays fourteen (14) months of data.

Cost & Asset Management roles

When using the Cost & Asset Management (CAM) application, you can set up specific roles for personas. Roles define the tasks and permissions that the person has while using CAM. Some roles have access to view, configure, download, and more features, but others don’t have the same permissions.

The Cost & Asset Management (CAM) system is designed to cater to various user roles, each with specific responsibilities and access privileges. This ensures users can navigate and utilize the CAM system effectively while maintaining organizational security and data integrity. To learn more about each role within CAM and their corresponding responsibilities, visit CAM Role Matrix.

Cost & Asset Management functions

Cost and Asset Views

  • My dashboard: To configure a dashboard to quickly summarize the data that fulfills your unique needs, such as costs, assets, policies, insights, or discount plans, into a page where you can find relevant information immediately.
  • Costs: To view and configure cost trends, budgets, and forecasted costs that provide prospective cost simulations.
  • Assets: This dashboard displays high-cost assets with low utilization, the count and location of assets, asset costs, utilization, and trends.
  • Insights: To view savings, risks, and costs for assets, services, recommendations, and categories and provide recommendations for service optimization.
  • Anomalies: View and analyze the total number, severity, and status of the anomalies and get recommendations for each one found.

Discount Plans

  • AWS Reserved Instance: Access recommendations to reduce underutilization and expenditure of assets of Amazon Web Services only.
  • IBM Reserved Capabilities: Access to recommendations for assets to reduce underutilization and expenditure of IBM Cloud.
  • AWS Saving Plans: Provides a flexible pricing model that offers significant savings on your AWS computer usage in exchange for a specific usage commitment. 

Settings

  • Dynamic Resource Groups: Provides a view of the dynamic resource groups created on the dashboard and allows you to create new ones.
  • Provider metered cost details: Provides different cost details by billing period and currency. 
  • Saved views: To view the saved views created through the platform, specifically on the Cost & Asset dashboards and Insights dashboard, and the System Reports created
  • Manual ingestion: This feature enables you to manually ingest the public or custom providers through Cost & Asset Management.
  • Schedule and Manage jobs: To enable or disable jobs and analyze specific job information related to Cost and asset Management.
  • Cost allocation: Access the list of costs allocated from a source to a target business entity and create new ones.
  • Provider cost and invoice details visibility: Using user contexts on Tenant, enable or disable the display of provider cost and invoicing data to a group of users.
  • Anomalies policy: To set rules for specific assets, where different criteria are given and an email alert configured, so that you can monitor your assets’ performance and make informative decisions based on the data obtained.
  • Utilization configuration: Configure the utilization score of your assets with metrics and set specific formulas for each asset.
  • Remediate Services Provider jobs: Configure and manage jobs for providers. In the tag remediation jobs tab, you can assign tags to providers.
  • Data management: To see job details, delete the data of a provider or billing account for a specific period, manage the lists of deleted jobs, and view their status.
  • Asset categorization: Categorize 'Unknown' services by assigning a predicted value or selecting your own, or modify a known category by selecting an option from the dropdown.

Tag Management

  • Discover tag policy recommendations: To set policies governing the use of tags in Tenant to help organize resources/costs for monitoring and enforcing compliance.
  • Tag policy compliance: To determine the level of compliance of a defined set of resources on a centralized view.
  • Remediate service provider tags: Organize and manage the resources into tags across different cloud providers by tagging them in bulk.
  • Provider tags: Tags allow assets and charges to be categorized and assessed by making data line items searchable.

Cost & Asset Management integrations

CAM integrates with all major public and private providers. The following list shows the current capabilities:

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