With more innovations in digital technologies, CSPs always are in need for a breakthrough that can provide them with cutting-edge benefits with no compromise on service delivery. To get more value, organizations want more managed services and value-added IP offerings. Microsoft customers rely on Microsoft Partners and CSP organizations for services and expert skills required to accelerate in this era of digital transformation.

Microsoft has announced Azure updates for CSPs including a new commerce experience under the Azure in the Cloud Solution Provider (CSP) program. By utilizing the Azure cost management feature, CSPs can unlock more value for customer satisfaction.

• The New Commerce Experience

The new commerce experience announced within Azure updates from Microsoft offer CSP benefits by providing more options to increase customer base and improve the selling experience. There are more tools and resources announced that can bring-in more value to their business. It provides a simplified billing experience where you get access to invoices and reconciliation files, be in control of data usage since “all of the usage is tied back to a single Azure Plan”. In addition to this, the new features include reading invoicing and the relevant reconciliation file and daily usage file. You can even have a detailed analysis on Azure spending with options like receiving alerts for budget set at a customer level and Viewing total spending on an Azure plan in the latest Azure update.

• Universal Catalog

With the new commerce experience, you get access to one universal catalog which helps in better expansion of your portfolio of services. The universal catalog has all the latest Azure services that can bring in innovative Azure features as soon as they are live. This attracts new customers for your business.

• Value-added Services

The new updates let CSPs discover unique VAS opportunities via the Partner earned credit model under Cost Management, that we’ll discuss in a minute. PEC rewards lead towards a sustainable profitability.

• Azure Lighthouse

This is a new tool introduced under the new Azure Updates. It enables Microsoft Partners to provide unique managed services to their customers and enables CSPs to effectively manage multiple customer environments.

• Consistent pricing

In the new Azure Updates, a simplified price list for Azure is introduced consisting of consistent prices worldwide. There’s more transparency     and a unified invoice and billing date alignment for all purchases of customer across the Azure marketplace.

• A simplified Framework

Azure Updates introduce a framework for doing business with CSPs in a simplified manner that deliver better business results for CSPs. the Microsoft Partner Agreement and the Microsoft Customer Agreement are part of this framework.

• Azure Cost Management

Under the Azure Cost Management feature, there are more CSP benefits to offer from Microsoft CSP program. CSPs can get a detailed cost analysis option by customer, meter, service, resource group, subscription, resource and many other dimensions. You can setup notifications by utilizing programmatic budgets to stay notified whenever costs exceed budgets. In the new Azure Updates, you can also view resources costs having Partner Earned Credit (PEC) under the Cost analysis. Customers also get the option to view their consumption costs data under pay-as-you-go rates. With Azure Cost management, you can maximize cloud efficiency for the customers and manage the customer’s costs effectively from the cloud.  Under cost management, you can get your hands on various tools to monitor cloud costs, allocate then optimize cloud costs with rich analytics.

ALSO READ: New Microsoft Partner Agreement for CSP partners

MachPanel Automation Platform for Microsoft CSP

In this era of digital transformation, a complete service delivery platform is the need of today for a successful business transformation. MachPanel is a complete Multi-Cloud Service Orchestration & Delivery Platform (MSOP) that empowers CSPs to get more with less. MachPanel provides CSP benefits to organizations in order to fulfill all requirements and stay up-to-date in this fast paced cloud journey. With a Hybrid Cloud-based Marketplace and WHMCS & SpamExperts on board, MachPanel has all it takes for a successful CSP business.

Get MachPanel and discover the hidden potential of your business with CSP benefits, offerings and latest features.

Lets TalkRequest a Demo

The post Latest Microsoft Azure Updates | A Guide to Unlock CSP Benefits appeared first on MachSol Blog.

Businesses approach the cloud in order to adopt the most trendy solutions and take benefits to grow the business from what the clod has to offer. However, it has been observed over a decade that many businesses waited to see how the cloud impacts the development and growth of business in the market and give them a competitive edge. The major factor to be calculated was: cost. It is said that moving to cloud will cut down costs, but in reality you need to determine “is the cloud is costing you much more than needed?”

Cloud Cost management is a recent initiative that provides enterprises with tools to simply budget tracking and the spending of overall business along with providing analysis that enables the companies to reduce waste and extra cloud spending. Hence it reduces overall costs in the cloud.

There have been seen remarkable reductions in overall costs up to 30 -40% every month. By opting for cloud management, you can:

1. Cost Reduction

Through specialized tools, hidden costs in the cloud can be uncovered.  The historical data of the whole year is readily available. Apart from that, automated policies can be customized in order to identify imminent opportunities regarding costs savings and take relevant actions.  You can simply downsize extra resources and terminate unused resources and save money for your business.

1. Reserved Instance Management

There is nothing better than identifying opportunities for your business. Using cloud cost management tools, you have immediate access to reserved instance usage trends. It enables enterprises with taking intelligent RI purchasing decisions and making recommendations for switching instance type.

1. Expenditure Tracking

You can create relocation rules in order to distribute costs amongst various business groups. It makes you able to track month-over month expenditure trends and figure out anomalies. It also makes you able to forecast suture expenditures

1. Reporting

Budget Reporting is a handy feature in Cloud Cost management. Reporting makes it easier to compare the actual costs versus the predicted costs. Departments can be held accountable after viewing monthly expenditure breakdown reports that presents actual budget speeding’s against the allocated budgets.

ALSO READ
5 Smart Ways to Grow Your Business with Cloud Computing

MachPanel and your Cloud Spending

MachPanel is an ideal control Panel which gives CSPs a decent insight on their Budget and Reporting along with precise analytics. It is a Multi-Cloud Service Orchestration & Delivery Platform (MSOP) that provides complete Lifecycle automation for your business. With MachPanel, you can set customized Margins and control your costs accordingly. It provides Comprehensive Reporting with its User Friendly API. Cloud management has become just a matter of few clicks with MachPanel. It provides promising scalability and growth of your business.

Get the chance to give your business a competitive edge and get your hands on MachPanel.

Lets TalkRequest a Demo

The post How to manage costs effectively with Cloud Cost Management appeared first on MachSol Blog.