ManageEngine Expands Cloud Cost Management Platform

ManageEngine, a division of Zoho Corporation and enterprise IT management solutions, recently announced the expansion of its cloud cost management platform, CloudSpend.

MSPs and CSPs gain multi-portal architecture in latest platform updates

CloudSpend is unveiling a multi-portal architecture for managed service providers (MSPs), cloud service providers (CSPs), and multi-tenant enterprises.

This new capability will deliver a comprehensive multi-portal experience, enabling organizations to address cloud cost management challenges and scale their FinOps practices by bringing unified cost visibility, secure segmentation, and contextual governance together on a single, centralized interface.

“Service providers have long struggled to strike the right balance between visibility and isolation,” said Srinivasa Raghaven, director of product management at ManageEngine. “Each client needs full transparency into their cloud spending, while MSPs and CSPs must uphold strict separation, governance, and compliance. Similarly, large multi-tenant enterprises face the same challenges of managing multiple business units or projects securely under one environment.”

Updates aim to address complexities and risks in managing multiple clouds

According to ManageEngine, managing clients and business units across multiple clouds can lead to fragmented reports, manual billing, and compliance risks. To address these challenges, CloudSpend features new key capabilities, including:

• Portals with unified governance: Each dedicated portal runs in a secure, independent environment with its own budgets, alerts, thresholds, and workflows, while admin retains centralized visibility and policy control through granular roles and access rules that uphold data boundaries.
• Intelligent cost saving recommendations: CloudSpend automatically identifies underused resources, recommends rightsizing actions, and pinpoints savings opportunities – reducing cloud waste, improving efficiency, and maximizing ROI without manual audits.
• Simplified management and white labeling: Users can manage all portals from a single command center, with automated billing, chargeback, and branded reporting. White labeling ensures the entire experience – from dashboards to reports – reflects the customer’s brand identity.
• AI-driven anomaly detection and forecasting: Users can leverage historical data to predict future spending trends, detect anomalies in real time, and gain actionable insights that enhance budgeting accuracy, improve cost control, and optimize cloud spend across all portals.

ManageEngine says that CloudSpend will continue to evolve, helping customers enhance governance, improve operational efficiency, and build long-term resilience, thereby equipping service providers and enterprises to strengthen their FinOps and develop data-driven practices for the future.

As data needs continue to expand in the modern age, cloud management has become crucial for customers. Read more about emma, a cloud management platform, and how they’re enhancing multi-cloud capabilities.