InfoCepts, a global leader end-to-end data & analytics solutions, today announced that its solution accelerator, Cloud Cost Monitor (CCM), has been selected as the winner of the “Cross Infrastructure Analytics Solution of the Year” award in the 2021 Data Breakthrough Awards program conducted by Data Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global data technology market today.

InfoCepts’ Cloud Cost Monitor (CCM) unifies usage data across cloud providers and platforms, providing an understanding of the changing costs of dynamic infrastructure across services, timeframes, and more. These insights enable organizations to understand, analyze, and predict their complex cloud spend with confidence through interactive graphical BI dashboards with drill-down capabilities using the BI tool of choice. With features such as cost tagging, analytics, and recommendation engine, CCM empowers organizations with smart governance and optimization of cloud spend converting insights into actionable recommendations.

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“In today’s modern business world most organizations use multiple cloud vendors and platforms, but struggle with complex billing,” said James Johnson, Managing Director, Data Breakthrough. “Without a unified view of their cloud spend, these businesses struggle to realize expected cost savings and spend critical time and effort to allocate cloud spend to user groups or departments. InfoCepts is delivering a breakthrough solution to address this issue, providing a single view to enable the promise of cloud cost optimization. We extend our sincerest congratulations to InfoCepts for winning our ‘Cross Infrastructure Analytics Solution of the Year’ award.”

CCM is both feature-rich and field-tested, providing a high level of flexibility you would typically see only in a custom solution, but InfoCepts delivers the reliability and predictability of a packaged product—and it’s less than 0.5% of typical enterprise cloud spend.

The Data Breakthrough Awards is the premier awards program founded to recognize the data technology innovators, leaders, and visionaries from around the world in a range of categories, including Data Analytics, Big Data, Business Intelligence, Data Storage, and many more. The second annual Data Breakthrough Award program attracted more than 1,450 nominations from across the globe this year.

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“We are thrilled to see real-world results. As an example, working in tandem with our customer, an American mass media and entertainment conglomerate catering to a global audience, we were able to help them save more than 40% through a cloud roadmap advisory and implementation of Cloud Cost Monitor,” said Shashank Garg, CEO, and Co-founder of InfoCepts. “We are thrilled to see these results with our customers, and this 2021 Data Breakthrough Award is a strong validation of our hard work and innovation in the space. Thank you to Data Breakthrough for recognizing our focused work to this end.”

CCM is able to create visibility into spend by project in real-time which enables customers to spend less time agonizing over cloud bills and more time optimizing cloud costs.