IBM Cloudability Features
Operations (4)
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Scheduling
Allows users to schedule instances, changes or other operational tasks in advance.
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Automation
Efficiently scales resource usage to optimize spend whith increased or decreased resource usage requirements.
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Multi-Cloud Management
Allows users to track and control cloud spend across cloud services and providers.
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Usage Monitoring
Tracks infrastructure resource needs and alerts administrators or automatically scales usage to minimize waste.
Cost Optimization (3)
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Spend Forecasting and Optimization
Ability to project spend based on contracts, usage trends, and predicted growth.
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Recommendations
Provides use-specific recommendations regarding performance and resource utilization.
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Spend Tracking
Provides ability to track and/or map spending on all cloud spend across departments with little to no manual entry.
Administration (2)
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Reporting
Creates reports outlining resource, underutilization, cost trends, and/or functional overlap.
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Dashboards and Visualizations
Presents information and analytics in a digestible, intuitive, and visually appealing way.
Budget Creation (7)
Data Import
Import trial balance, monthly P&L, balance sheets, and other types of financial data
Budget Hierarchies
Define budget structure elements and how they are linked hierarchically
Versioning
Keeps track of all versions of a budget and allows users to compare versions
Formulas
Include budgeting formulas to estimate direct and indirect costs, operating and non-operating revenues
What-If
Test the potential financial impact of business decisions on revenues and expenses
Budget Periods
Users can customize standard budget periods (3, 9, or 12 months)
Real-Time Data
Receive data and information in real time
Budget Management (3)
Consolidation
Consolidate multiple budgets from different departments or business entities
Adjustments
Users with administrative access rights can modify budgets
Workflows
Workflows are used to define the steps required to alter budgets and who needs to approve changes
Forecasting (6)
Historical Data
Forecasting is based on past transactions and historical financial or operational data
Reforecast
Ability to recreate forecasts to include new information that may impact budgets
Forecast Types
Support multiple types of forecasts such as balance sheet and cash flow forecasts
Rolling Forecasts
Used to review and update budgeting assumptions for a predefined period (usually one year)
AI
Uses AI algorithms and models to predict future trends and outcomes, based on historical data and patterns
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Analytics (4)
Variance Analysis
Project out as the year progresses to accommodate trends that affect key business drivers.
Forecasts Comparison
compare Income Statement, Balance Sheet, and Cash Flow for multiple periods
Forward Looking
Forward-looking Balance Sheet and Cash Flow Statements are synchronized with GL data
Financial Analysis
Evaluate units, projects, budgets, and other finance-related data to gauge their performance and potential risk
Functionality (2)
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Cloud Consolidation
Consolidate viewing and management of multiple clouds in one solution.
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Cloud Optimization
Optimize cloud performance and integration with disparate systems.
Management (17)
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Cloud Cost Analytics
Provide cost management insights and analytics regarding cloud usage.
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Security Management
Manage and control the security aspects of an organization's digital assets, resources, and operations
Capacity Analytics
Assessment of resource optimization and capacity availability across the environment
Compliance Management
Track and manage adherence to policies for any service, product, process, or supplier
Configuration Management
Identify component attributes like servers, hardware, software, and manage relationships across all services
User Management
Manage user accounts, profiles, roles, permissions, and other details across applications, devices or networks
Workflow Management
Create, design and manage workflows for repetitive tasks
Application Management
Track, manage and store the applications of potential future members, customers or candidates
Cost Management
Manage budgets, track and optimize spending and align capacity to workload demand
Data Storage Management
Manage and store data in a database
Change Management
Track and monitor efficient handling of all changes/transitions
Disaster Recovery
Plan and implement business continuity measures in case of unforeseen events
Multi-Cloud Management
Allows businesses to monitor and secure applications and workloads across multiple public clouds
Service Level Agreement (SLA) Management
Set and monitor service level agreements to ensure timely response and resolution
Audit Management
Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws
Patch Management
Install software updates and bug fixes remotely
Inventory Management
Track and manage inventory levels to maintain proper supply
Agentic AI - Cloud Cost Management (3)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives
Agentic AI - Cloud Management Platforms (5)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Cross-system Integration
Works across multiple software systems or databases
Decision Making
Makes informed choices based on available data and objectives
Data Integration
Combining data from different sources and providing a unified view
Third-Party Integrations
Set up connections to third-party platforms to improve business processes
Agentic AI - Budgeting and Forecasting (3)
Natural Language Interaction
Engages in human-like conversation for task delegation
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives
Additional Functionality (60)
Data Visualization
Graphical representation of data
Purchase Order Management
Create, send, and track purchase orders and their statuses
Expense Management
Plan, pay and track business related expenses.
Ad hoc Reporting
Generate one-off reports that meet information requirements
Multi-Company
Manage the accounting and financial aspects of multiple locations or companies in a single location
Profit/Loss Statement
A type of financial statement used to record and report an organization's revenues, costs, and expenses over a specific amount of time
Workflow Management
Create, design and manage workflows for repetitive tasks
Access Controls/Permissions
Define levels of authorization for access to specific files or systems
Customizable Reports
Alter the layout and content of reports
Forecasting
Form predictions based on past and present data/trends
Dashboard Creation
Creation and customization of dashboards
Self-Service Reporting
Allow users to create their own reports and financial statements
Multi-Currency
Manage and handle various international currencies
Financial Management
Plan, manage, and track the financial activities of an individual or organization
"What If" Scenarios
Method used in decision-making that allows businesses to input variables to forecast potential outcomes or possibilities
Asset Lifecycle Management
Manage assets throughout their lifecycle to optimize profit
Strategic Planning
At a high level, visualize a preferred outcome, define goals and identify specific steps to achieve them
Visual Analytics
Interact with data visualization elements, such as charts and graphs, to drill down into data
Billing & Invoicing
Create, manage, and send invoices or bills to customers
Real-Time Reporting
Active reporting of data and metrics
Reporting/Analytics
View and track pertinent metrics to find patterns and gain insights from data
Receipt Management
Upload, track, and submit receipts in a central database
Scenario Planning
Develop potential scenarios to identify risks and opportunities
Alerts/Notifications
Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges
Collaboration Tools
Provides a channel for team members to share media files, communicate, and work together
Version Control
Track revisions and updates made to files and navigate between different versions
Activity Dashboard
Dashboard to view the status of ongoing processes, identify current incidents and track past activities
General Ledger
Centralized accounting record which tracks all financial transactions
Third-Party Integrations
Set up connections to third-party platforms to improve business processes
Consolidation/Roll-Up
Combining loans, assets, liabilities, and other financial data from multiple subsidiary companies into one entity for reporting
Drag & Drop
Assemble applications and processes by dragging over and arranging pre-built components
Income & Balance Sheet
A statement detailing the financial position of a business including assets, liabilities, and equity at a certain point in time
Multi-Department/Project
Manage the accounting and financial aspects of multiple operations and departments or ongoing projects from a single location
Accounting
Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc.
API
Application programming interface that allows for integration with other systems/databases
Chart of Accounts
A financial statement that lists a company's accounts and details the account type and balance
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
Cash Management
Process of managing an organization's cash resources, including cash on hand, investments, and bank account balances
Performance Analysis
Monitor and analyze the performance and status of a server or system/application
Service Catalog
Database containing accurate and up-to-date information on all operational services
Activity Tracking
Track and document all activities across devices, networks, and other systems
Anomaly Detection
Automatically identify unusual behavior
Real-Time Monitoring
Active monitoring of systems, applications, or networks
Data Visualization
Graphical representation of data
Alerts/Notifications
Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges
Multitenancy
Operate multiple applications in a shared environment
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Self Service Portal
Online portal through which end users can access the system, manage tasks, or obtain information
Network Monitoring
Tracks and makes accessible data on the health of servers and other network components.
API
Application programming interface that allows for integration with other systems/databases
Reporting & Statistics
Collection, analysis, and representation of numerical data and generation of reports to understand various patterns
Data Import/Export
Import and export data to and from software applications
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
Search/Filter
Search and filter data across systems to locate required information by entering keywords or certain criteria
Access Controls/Permissions
Define levels of authorization for access to specific files or systems
Database Support
Supports common databases such as MySQL and Oracle
Cloud Encryption
Encrypt data to and from the cloud and on cloud storage devices
Data Migration
Move from one database to another, or upgrade the version of database software being used
Event Logs
A chronological record of actions or occurrences within a network, software, or process
Monitoring
Observe and track the demand, usage, progress or quality of a system, product, or user
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