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IOCO SOLUTIONS LIMITED

Cloud Financial Management

Cloud financial management refers to the practices and tools used to monitor, analyze, and optimize the costs associated with cloud computing services. It involves tracking expenses, allocating costs to different departments or projects, optimizing resource usage, and making informed decisions to maximize the value of cloud investments while controlling costs.

Features

  • Cost Optimization
  • Budget Control
  • Forecasting
  • Resource Allocation
  • Business Agility
  • Governance and Compliance

Benefits

  • Optimize resource usage, eliminate waste, and reduce unnecessary spending.
  • Promotes transparency and accountability in resource usage.
  • Helps in financial planning and decision-making.
  • Identify opportunities to optimize performance while minimizing costs.

Pricing

£650 a unit a day

  • Education pricing available

Service documents

Request an accessible format
If you use assistive technology (such as a screen reader) and need versions of these documents in a more accessible format, email the supplier at michael.morey@ioco.tech. Tell them what format you need. It will help if you say what assistive technology you use.

Framework

G-Cloud 14

Service ID

5 5 5 7 6 1 4 1 1 4 0 8 7 6 8

Contact

IOCO SOLUTIONS LIMITED Mick Morey
Telephone: 0118 206 2938
Email: michael.morey@ioco.tech

Planning

Planning service
Yes
How the planning service works
A Cloud Cost Management assessment involves evaluating an organization's practices related to managing costs in the cloud. This assessment includes a review of cost optimization strategies, budgeting processes, resource allocation practices, governance policies, and tools used for cost monitoring and analysis. Its aim is to provide insights into how efficiently the organization is managing its cloud costs and to recommend strategies for optimizing costs, enhancing financial visibility, and improving overall cost efficiency in cloud operations.
Planning service works with specific services
No

Training

Training service provided
No

Setup and migration

Setup or migration service available
Yes
How the setup or migration service works
Cloud Cost Management supports migrations by providing cost estimation, optimization recommendations, migration planning, real-time monitoring, and post-migration optimization. It ensures that migrations are both technically successful and financially optimized, maximizing cost savings and return on investment.
Setup or migration service is for specific cloud services
No

Quality assurance and performance testing

Quality assurance and performance testing service
No

Security testing

Security services
No

Ongoing support

Ongoing support service
No

Service scope

Service constraints
Scope and constraints to be identified and agreed at service inception.

User support

Email or online ticketing support
Email or online ticketing
Support response times
Severity 1 (Critical Service Incident) - Within 30 mins
Severity 2 (Critical Service Incident) - Within 1 hour
Severity 3 (Non-Critical Service Incident) - Within 4 business hours Severity 4 (Minor Support Request) - Within 4 business hours
User can manage status and priority of support tickets
Yes
Online ticketing support accessibility
None or don’t know
Phone support
Yes
Phone support availability
9 to 5 (UK time), Monday to Friday
Web chat support
No
Support levels
We provide a service desk to log incidents and support requests. Calls are prioritised based on severity and assigned accordingly. 4 Levels of severity is classified. The service included 3 levels of support engineers based on skill level (i.e 1st , 2nd and 3 rd level support ) as well as a vendor escalation process. We provide a client account manager and a cloud architect, as well as Service delivery manager where appropriate.

Resellers

Supplier type
Not a reseller

Staff security

Staff security clearance
Conforms to BS7858:2019
Government security clearance
Up to Baseline Personnel Security Standard (BPSS)

Standards and certifications

ISO/IEC 27001 certification
No
ISO 28000:2007 certification
No
CSA STAR certification
No
PCI certification
No
Cyber essentials
Yes
Cyber essentials plus
No
Other security certifications
No

Social Value

Social Value

Social Value

Fighting climate change

Fighting climate change

Cloud financial management contributes to fighting climate change by optimizing resource usage, reducing waste, and promoting energy efficiency in cloud operations. By monitoring and analyzing cloud costs, organizations can identify opportunities to minimize energy consumption, reduce carbon emissions, and adopt sustainable practices. This helps in aligning cloud investments with environmental goals, ultimately contributing to a more sustainable and eco-friendly IT infrastructure.

Pricing

Price
£650 a unit a day
Discount for educational organisations
Yes

Service documents

Request an accessible format
If you use assistive technology (such as a screen reader) and need versions of these documents in a more accessible format, email the supplier at michael.morey@ioco.tech. Tell them what format you need. It will help if you say what assistive technology you use.