Cloud Management Platforms Explained: Key Features and Benefits

 

Cloud management platforms (CMPs) are at the core of a rapidly expanding business. The cloud is transforming the way every business and organization designs its IT and data architectures.

For many businesses, the cloud represents a mix of advantages and disadvantages. Sure, there's cost savings, availability, and vendor-managed infrastructure. However, the absence of sufficient governance, compliance, and security remains a major problem for enterprises contemplating more cloud options.
CMPs seek to bridge this complicated condition, allowing you to coordinate and control all cloud operations from one location. The finest multi cloud management platform even address certain fundamental cloud issues. Whether you are taking advantage of the expansion of SaaS or deploying a DBaaS, you must find a method to establish an easy-to-use but unique service for your customers.

What is a cloud management platform?

Cloud management platforms (CMPs) are pieces of software used to manage many cloud services and resources. As organizations increasingly use many cloud services concurrently, they want a straightforward way to manage them.

Using CMPs aids companies with:

·       Governance

·       Lifecycle management

·       Automation of all managed cloud resources

·       Many other processes that relate to or interact with cloud services.

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Top Cloud Management Platforms

To obtain best performance and cost savings, select the right cloud management services for business needs. Let's look at some of the top cloud management solutions available.

1. CloudHealth by VMware

Cloud Health allows customers to monitor their cloud charges, consumption, performance, and security from a single interface. Since its acquisition by VMware, the CloudHealth Partner Program has used the platform to help VMware partners manage their cloud expenses, enhance productivity, and monetize their public cloud operations.

CloudHealth's features include a full suite of tools for managing, analyzing, and optimizing cloud infrastructure and spending, as well as multi cloud management platform. However, others believe its reporting features are insufficient in flexibility and granularity.

2. IBM Cloud Orchestrator

IBM Cloud Orchestrator manages your cloud architecture from start to finish, deploying services across infrastructure and platform levels. Cloud Orchestrator also enables easy and secure monitoring, control, and backup of your cloud environment.

IBM Cloud Orchestrator intends to provide a uniform, adaptable, and automated method for connecting the cloud with client data center rules, procedures, and infrastructures across several IT domains. It provides a set of tools for establishing and enforcing business rules and IT regulations, as well as orchestrating automatic and manual processes across complicated cloud systems.

3. Apache CloudStack

Apache CloudStack is a flexible open-source cloud computing platform. It provides comprehensive VM management features as a highly available and scalable IaaS platform.
One of CloudStack's main selling points is its name: it aims to include the entire "stack" of features required for Infrastructure as a Service (IaaS), such as compute orchestration, Network-as-a-Service, user and account management, a full and open native API, resource accounting, and an easy-to-use user interface.

While CloudStack provides a broad feature set for managing cloud expenditures, newbies may encounter a learning curve due to resource-intensive setup and maintenance. Furthermore, sophisticated settings may be necessary for complex deployments, implying that your team will need to devote some time to fully reap the benefits of CloudStack.

4. Apptio Cloudability

Apptio Cloudability is a cloud financial management tool that enhances visibility and governance across many cloud environments. It assists enterprises in optimizing their cloud resources for cost, speed, and performance.

Cloudability's financial management system includes capabilities for budgeting, forecasting, and rightsizing. One significant advantage of the products is their FinOps focus. It enables leaders to connect cloud expenditure to business value, as well as finance teams to precisely manage and estimate cloud spending for more rigorous planning.

While the tool has numerous financial and budgetary features, it is less concerned with connecting cost changes and recommendations to actual engineering aspects. Once Cloudability makes recommendations, the technical team must approve, prioritize, and apply them.

5. Morpheus Data

Morpheus Data is a cloud-based management and orchestration platform. Initially created for DevOps professionals, it includes tools for developing application architecture, managing hybrid clouds, automating cloud management workflows, minimizing cloud costs, and more.

Morpheus has several comprehensive tools for managing virtual machines, containers, and the application development lifecycle. It also works with several popular DevOps technologies, including Terraform, Git, Ansible, Jenkins, Puppet, Chef, and others.

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How to choose the best Cloud Management Platform?

To select the best Cloud Management Platform, you require to consider a few factors.

·       Feature set - Does the platform provide the services that your team requires (such as monitoring, cost optimization, security, and so on)?

·       Easy to use - Does the platform interface with your existing tools? Is the user interface intuitive and easy to use?

·       Cost - Consider the platform's price strategy, which might be subscription-based, pay-as-you-go, or tiered, as well as any additional fees for premium services.

·       Credibility - Cost-optimization tips are useless unless you believe them enough to act. Reviews, testimonials, case studies, and certifications may indicate that a platform has proved successful with previous consumers.

Cloud Management Platform Market Share, 2022, Worldwide’ and ‘Worldwide Market Forecast: Cloud Management Platform, 2022-2027’ reports on cloud management platform market give insight into the present status of the industry and what to expect in future which helps companies make decisions about their data storage strategies. The 2022 market share report comprehensively analyses key players in the market, enabling business organizations to identify potential partners and competitors. It also shows how much bigger the market is compared to others as well as its growth rate thus indicating that it will grow. 

On the other hand, in terms of yearly forecast for 2022 up to 2027; this encompasses an elaborate view of trends that will ensue during this period and factors driving these changes. It gives a clue about factors that cause increase of markets such as scalable storage solutions at lower cost. However, it also provides insights into challenges that may hinder its growth including concerns over data security and meeting regulatory requirements. 

These reports can help companies gain an understanding of how the cloud management platform market works so they can make strategic choices tailored towards their data storage needs and aspirations. They can identify emerging trends and opportunities, assess the competitive landscape, and make informed decisions about their investments in Cloud management service.

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Conclusion

Investing in a Cloud Management Platform is a critical decision. Whether you choose an open-source solution or not, consider the investment required to understand the system, put it up, and maintain it.
When it comes to cloud computing and cloud management, each platform provides a comprehensive suite of robust solutions that are utilized by many enterprises and service providers globally.

While their Multi cloud management platform is undoubtedly one of the strongest, investing in their ecosystem can help you expand quicker and more easily, requiring less extra training than if you invested in a different CMP entirely.