Cost Optimizer Dashboard
The Cost Optimizer page provides a snapshot of costs incurred by the various clouds installed for an organization.
Who Can Access the Cost Optimizer Dashboard?
The Cost Optimizer Dashboard is visible to all users who can access Cost Optimizer. However, information is displayed according to the access levels and is the home page for this root administrator. For example, the Cost Optimizer Admin (see Access and Roles) can view information across all cost groups, whereas a Cost Group Owner can view data specific to the cost group that the Cost Group Owner owns.
What's in the Cost Optimizer Dashboard?
The Cost Optimizer dashboard displays information depending on your roles defined for you in the system (see Access and Roles). The header contains the following icons:
Currency – Displays recommendations specific to your cost group. A sample screenshot is shown below.
Information on the dashboard can be controlled through the widget next to All Clouds. This widget helps you to display information for all cloud groups.
In earlier releases of Cost Optimizer, information on the dashboard was classified by cloud providers.
The information is displayed as a summary of recommendations, costs, and inventory through the following:
Potential Savings Dashlet
Potential Savings Dashlet
The Potential Savings dashlet displays the approximate, potential savings per month, in the chosen currency (see Currency), where the recommendations are listed. Click View Details to display costs that can be saved under the recommendations. Click on a recommendation to navigate to the page and act on the rightsizing recommendation on a resource to save and optimize costs.
This dashlet is not displayed if there are no recommendations. If the recommendations are not acted upon, the savings will decrease for the remainder of the month. Ultimately, the savings could be very minimal at the end of the month.
The Projection dashlet provides information about cost projections for the month. The graph on the right denotes the cost (incurred and project for the current month) over the previous month.
The cost after savings is calculated by using the formula is:
monthly-cost-projection - potential-savings-per-day * remaining-days-in-month
The potential-savings-per-day is calculated as follows:
potential-savings-per-month / 30
The remaining-days-in-month is calculated using the below formula:
remaining-days-in-month = total-number-of-days-in-month - (current-day - 1)
Using the above formulae and the cost displayed in the above screenshots, the cost after savings is deduced as follows:
$5222 - (1311/30 * (29 - 16 - 1)) = $4697.6
The following table explains the various elements (numbers) in the calculation:
Cost projected for the month of February.
Potential savings per month, taken from the Potential Savings dashlet.
Number of days for a month to calculate potential savings per day. This is 30 even though a month could have 31 days.
Number of days in February.
Current day of the month.
The Cost dashlet displays cost projections and cost reports through a high-level snapshot of cost for each cloud group in Cost Optimizer.
By default, the cost is displayed for all clouds.
Click the widget next to All Clouds to view information for a specific cloud.
The cost projections for each cloud is displayed through the following reports:
Cost by Cloud Group
Cost by Department (Cost Group Type)
Cost by Organization Hierarchy
Cost over Time
Cost by Category
Each report provides the ability to view in-depth details for the specific dashlet. Click View Details in each report to open a page that provides information specific to that report. You can also choose a date range for the reports. For more information, see Cost Reports Overview > Date Range.
This dashlet displays information about cloud inventory, such as CPU, memory, storage, etc. The information in parentheses adjacent to the header in each dashlet indicates the update schedule. See Data Collection.
The Budget dashlet displays the following details:
Forecasted budget projections based on the Alert Settings specified when Configuring Budgets.
Budget reports for cost groups and cloud groups.
- No labels