OpenText™ HCMX (Hybrid Cloud Management X) FinOps Express is software for cloud financial management. It fosters a culture of financial responsibility. Improves decision-making with intelligent insights. And delivers the centralized control you need to tame your cloud bill.
Gain a complete, unified view of usage across all your clouds to enable showback, identify sources of waste, and drive accountability against budgets.
Lean on AI to auto-generate reservation recommendations that are calculated based on your actual cloud usage patterns.
Prevent cloud delivery of costly or noncompliant instances, apply spend limits with warning alerts, and watch reckless acts of provisioning get off your cloud.
Hybrid Cloud Management X (HCMX) is a solution for cloud financial management (FinOps) as well as for cloud provisioning. It provides a service catalog and self-service capabilities. Additionally, it supports compliance enforcement, governance, and lifecycle orchestration spanning hybrid and multicloud environments.
HCMX comes in two editions:
Absolutely! Whether you are a small or a medium-sized company, or a large corporation, HCMX FinOps Express has the scalability to meet your specific financial management needs.
Reservations or reservation-based commitments refer to a pricing model used by public cloud providers where discounted rates are offered in exchange for pre-purchasing computing resources for a specified duration.
Reserved Instances (AWS), Reserved Savings (Azure), and Committed Use Discounts (Google Cloud) offer discounted pricing tied to committing to specific instance types or resources.
Another increasingly popular reservation-based model is Savings Plans. They provide a more flexible pricing model that isn’t tied to any specified instance type or resource. Instead, with Savings Plans, customers commit to a certain amount of compute usage (in exchange for a discount) that can be applied flexibly to various types of instances or services.
HCMX helps you take full advantage of all the reservations-based pricing models described above. It analyzes your usage patterns and pulls information directly from cloud providers to deliver recommendations that will cut your cloud waste.
No, the SaaS and on-premises licensing models are the same. For more information about FinOps licensing, please reach out to us here.
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