Because MLC costs are determined by the peak rolling 4 hour average (R4HA), and peak cycles are typically regular and known, it is possible to conclude that on-going regular MLC examination and reporting would have little value. So MLC management may be mistakenly viewed as a once a month, or even once a year activity. But there are situations where regular use of Cost Analyzer will lead to a proactive effort that spots and mitigates MLC cost issues before they create problems.
Five ways to provide value through regular cost management reporting:
If the peak R4HA spikes unexpectedly, it may signal unusual activity that would qualify for exclusion from the SCRT report and the subsequent bill. Any EXCLUDE requests must be made when the SCRT report is submitted, so it is vital to be regularly viewing peak R4HA activity to spot such an occurrence. If such an excludable event occurs and is identified, this type of effort will result in cost savings the next month.
Unexpected activity that does not qualify for an EXCLUDE exception could drive up peak usage and impact budget. With regular reporting you will spot, and be in a position to diagnose and treat, the activity to mitigate the cost and budget impacts.
Regular reporting which includes the new MLC Cost Efficiency Index enables you to gauge the effectiveness of MLC cost reduction efforts – and report to management how well you have been doing.
The new management dashboard delivered in CAZE 1.2 forms the basis of regular reporting that IT management will find particularly interesting, including actual versus budget variance reports, and historical views of MLC costs and cost drivers.
Regularly reporting the projected future status of MLC costs and budgets will let you proactively initiate actions to reduce costs and pull cost back in line with budgets.
Check out the new capabilities in Cost Analyzer 1.2, and view the new video Quick Course on it.