Analyzing costs by cost pool

A cost pool is a dynamic aggregation of resources that are associated with a specific user, cost center, or department in your organization. The resources can be provisioned in the public cloud and the on-premises infrastructure. You can use a cost pool to monitor and analyze the cost, usage, and budget of the resources.  

Use the Cost Pools page to get a quick summary of the costs per cost pool and to understand and analyze the cost details of a specific cost pool. You can quickly get the information about the potential savings that you can achieve for a cost pool. 

You can drill down into a cost pool to view further details. You can also analyze and manage the budget of a cost pool.

From the Cost Pools page, you can achieve the following goals: 

  • Analyze the cost of a cost pool.
    • Identify and analyze cost pools with high costs.
    • Determine the potential savings that you can achieve for a cost pool by applying the resource usage recommendations.
    • View and compare the monthly costs of all the cost pools. 
    • View the daily and monthly costs of a cost pool by cloud service provider.
    • View the breakup of the monthly cost of a cost pool by cloud service category.
    • View and compare the monthly costs of all resources that a cost pool uses.
    • View a detailed bill (bill line items) for every resource in the cost pool.  
  • Simulate the migration of all the resources in a cost pool to the public clouds. 
  • Manage the budget of a cost pool.
Reference information


 Definitions (Cost pool, Resource)

Cost pool: A dynamic aggregation of resources that are associated with a specific user, cost center, or department in your organization. The resources can be provisioned in the public cloud and the on-premises infrastructure. You can use a cost pool to monitor and analyze the cost, usage, and budget of the resources. 

Resource: An entity or a service of a cloud provider or in the on-premises data center that users can work with. For example, physical servers, virtual machines, storage devices, containers. 

Before you begin

Ensure that the required cost pools are already added and their cost and usage information is computed. For more information, see Adding and managing a cost pool

To analyze costs by cost pool

  1. In the navigation pane of the TrueSight console, select Cloud Cost Control and click the Cost Pools tab. 

    The Cost Pools page is displayed. It shows the costs and other details for all the cost pools for the selected month. The most expensive cost pool is listed first. By default, the costs for the current month are displayed.  

     

  2. View a quick cost summary of all the cost pools

    1. Review the cost pool details in the Monthly Cost by Cost Pool table. By default, some columns are hidden. You can show or hide columns using the action menuthat is located next to the Monthly Cost by Cost Pool table title.

      ColumnDescription
      NameName of the cost pool that uses the resources of the cloud provider. To drill down into detailed cost analysis of a cost pool, click the name. The Cost Pool Details page is displayed.
      Cost [$]Actual monthly cost of the resources in the cost pool.
      Projected Cost [$]Projected cost of the resources in the cost pool for the remaining days of the month. This value is based on the Cost value. This column is displayed only when the current month filter is selected.
      Previous Month Cost [$]Actual cost for the previous month of the resources in the cost pool.
      Projected Cost vs Previous Month [%]

      Percentage representing projected monthly cost with respect to the cost in the previous month.

      This column is displayed only when the current month filter is selected.

      Number of Resources

      Number of resources in the cost pool.

      Potential Savings [$]Estimated maximum savings that you can achieve by applying resource usage cost optimization to this cost pool. Click the value to further analyze the cost optimization details. The Resource Usage page in the Cost Optimization tab opens that displays details only for the selected cost pool.
      ProvidersCloud providers that host the resources in the cost pool. A cost pool might have resources provisioned on more than one cloud provider.

       

      If the cost and usage data for a cost pool is being computed, the corresponding columns do not display any values. After the computation completes, the values are displayed. Refresh the page to view the values.

    2. To view the cost for a specific provider only or for a specific month, use the global filters:

      Global filters:

       

      1. Cloud Provider quick filter: Click a cloud provider button to show or hide the provider's data on the page.

      2. Monthly filter: Click the monthly filter to select a specific month for which you want to view the data.

      infoInfo: By default, the page displays data for the current month and for all available cloud providers. The options that you select in the global filters (Cloud Provider quick filter, Monthly filter) apply to all the page elements (table and charts).

    3. To save an offline copy of the cost pools page, click  and select Export to PDF or Export to Excel, based on your requirements.

  3. Drill down into a cost pool for details

    1. In the Cost Pools page, click the cost pool name which you want to investigate and view details for.
      The Cost Pool Details page opens that provides cost and other details for the selected cost pool such as the average monthly or projected monthly cost, projected yearly cost, projected cost versus previous month, number of resources, providers, and potential savings. You can click the Potential Savings value to further analyze the cost optimization details. The Resource Usage page in the Cost Optimization tab opens that displays details only for the selected cost pool.

      The Cost Pool Details page also displays the following charts:

      ChartDescription
      Daily CostsA stacked area graph that enables you to compare the daily usage costs of the cloud providers for the cost pool. 
      Monthly Cost by CategoryA pie chart that enables you to get a quick comparative view of the cost of the different cloud services, grouped by service categories, that the cost pool uses. 
      Monthly Costs  A chart that displays the cost breakup for the selected cost pool for the past and future months, based on the selected month.  

      The cost details are based on the selected month. If you change the month and year, the cost data changes accordingly.


    2. To know details of the resources that are assigned to the selected cost pool or to identify the resources with higher costs, click the Resources tab. 

    3. Review the following column values in the Resources page: 

      ColumnDescription
      ResourceName of the resource in the cost pool. To drill down into detailed cost analysis of a resource, click the name. The Bill details page with details for the selected resource is displayed.
      Total Cost [$]Total monthly cost of the resource in the cost pool.
      ProviderCloud provider in which the resource is provisioned.
      Cloud ServiceCloud service that uses the associated resource.
      Instance Type

      A specification that defines the resources (CPU, memory, and storage) for an instance. For example. m1.small, m1.large.

      RegionRegion where the resource is located. Region value is not populated for a business service that uses the on-premises infrastructure systems.
      Account Name

      Name of the account that is associated with the account identifier.

      Account Identifier

      A unique identifier assigned to the account that owns the resource. This identifier is assigned by the cloud provider.

      In case of AWS and Google Cloud Platform, it is the 12-digit account ID. For Azure, it is the subscription ID.

    4. To investigate further into a resource, click the resource name.  

      The Resource details page opens that shows cost and other details for the selected resource such as the average monthly cost, provider, and region. The tags associated with the resource are also displayed.

      The page also displays a chart. For the resource type Tax, the Monthly Cost by Operation chart is displayed, which is a pie chart that describes the monthly cost of the resource for the different operations for which the resource is used. For all other resource types, the Daily Costs chart is displayed, which is a stacked area graph that enables you to compare the daily usage costs based on operations performed on the resource. 

      To view and analyze the bill line-item details for the resource, click the Bill Details tab.  

      The Bill Details page is displayed that provides a line-by-line detailed bill of the costs associated with the selected resource:

      • Name of the selected resource

      • Cost of the resource for a specific operation as indicated by the associated date stamp
      • Date when the resource is used for the associated operation
      • Type of the resource
      • Activity or operation for which the selected resource is used
      • Region where the selected resource is located
      • Specific cost description of how much of the total cost is used by the resource

    5. Click the ← Back button on the browser to go back to the Cost Pool Details page. 

    6. To view and analyze the bill line-item details for the resources that are assigned to the selected cost pool, click the Bill Details tab.  

      The Bill Details page is displayed that provides a line-by-line detailed bill of the costs associated with the selected resource. The page displays following details for the selected resource:

      ColumnDescription
      ResourceName of the selected resource.
      Cost [$]Cost of the resource for the specific operation in this record of the bill line item.
      DateDate when the resource is used for the associated operation.
      ProviderCloud provider that the resource is associated with.
      CategoryCloud service category of the cloud service.
      Cloud ServiceCloud service for which the associated resource is used.
      Instance Type

      A specification that defines the resources (CPU, memory, and storage) for an instance. For example. m1.small, m1.large.

      For more information about normalized instance hours, seeTrueSight Cloud Cost Control overview.

      Usage Type


      The type of usage that is covered by this line item. If you paid for a Reserved Instance, the report has one line that shows the monthly committed cost, and multiple lines that show a charge of 0.

      Usage


      Usage of the resource for the specific operation. This value along with the Unit value provide you the right indicator of the resource usage.

      Unit


      Indicates the unit for which the resource is used for the specific operation. For example, GB, MB.

      OperationActivity or operation for which the selected resource is used.
      RegionRegion where the selected resource is located.
      Account Name


      Name of the account associated with the account identifier.

      Account Identifier

      A unique identifier assigned to the account that owns the resource. This identifier is assigned by the cloud provider.

      In case of AWS and Google Cloud Platform, it is the 12-digit account ID. For Azure, it is the subscription ID.

      DescriptionSpecific cost description of how much of the total cost is used by an instance type.

      Use the Resource filter to view the bill details for a specific resource.



    7. To analyze cost against budget for the selected cost pool, click the Budget tab. The Budget tab provides the following details for the selected period.

      ColumnDescription
      Budget AmountBudget amount allocated to the cost pool for this budget cycle. You can allocate the budget to the cost pool by using the Set Budget option.
      CostAmount of the allocated budget this cost pool has consumed till the current date in the budget cycle.
      Cost vs Budget %Percentage of the allocated budget this cost pool has consumed till the current date in the budget cycle.
      BalanceBalance amount of this cost pool for the budget cycle, with respect to the allocated budget. The amount is displayed in Red font and in brackets when the balance is negative.
      Projected Cost

      Projected total cost of the cost pool for the budget cycle. Calculated based on the spent budget as on the current date in the budget cycle.

      Projected Cost vs Budget %

      Percentage of the projected total cost of the cost pool for the budget cycle. Calculated based on the spent budget as on the current date in the budget cycle.

      Projected Classification

      Projected classification to display whether the cost pool is In budgetOverspender, or Underspender based on the threshold that you set in the Settings page.

      Projected BalanceProjected balance amount that this cost pool will have at the end of the budget cycle, with respect to the projected cost and the allocated budget. The amount is displayed in Red font and in brackets when the balance is negative.
      Days to exhaust the budget

      Displays one of the following options based on the actual and projected budget values:

      • Not exhausting: When the cost pool will not consume the allocated budget at the end of the budget cycle.
      • Exhausted: When the cost pool has already consumed the allocated budget. A severity icon is also displayed.
      • <Number of days>: The number of days in which the cost pool will consume the remaining budget.

      To compare the budget details for all periods in the current fiscal year, review the Summary of fiscal year <year> table.

    8. To simulate the migration of a cost pool, click Simulate Cloud Migration. For more information, see Estimating the cost of migrating servers to the public cloud.
    9. To save an offline copy of the details on the currently active tab, click  and select Export to PDF or Export to Excel.
      For example, if you want an offline copy of the Bill Details tab, first select that tab and then select the required Export option.

 


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