Configuring Cloud Cost Management

  • Release version: Washingtondc
  • Updated February 1, 2024
  • 2 minutes to read
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    Summary of Configuring Cloud Insights

    Configuring Cloud Insights enables ServiceNow customers to gain visibility into cloud consumption, reduce costs, and optimize cloud operations. The configuration process involves several key steps that facilitate the integration and functionality of Cloud Insights with your cloud platforms.

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    Key Features

    • Installation: Obtain the Cloud Insights application and, optionally, the Cloud Cost Management Infra Stack from the ServiceNow Store. Note that the Infra Stack is available from version 8.1 onwards and cannot be deactivated once activated.
    • Role Assignment: Assign Cloud Insights roles to user groups and individual users according to their activities and responsibilities.
    • MID Server Configuration: Set up MID Servers to enable Discovery for cloud platform communication.
    • Data Access Configuration: Configure access to billing and usage data for AWS, Microsoft Azure, and Google Cloud accounts.
    • Resource Discovery: Discover service accounts and credentials to facilitate resource scanning.
    • Job Management: Schedule jobs to download billing data and price sheets from cloud platforms.
    • Feature Configuration: Configure features for rightsizing, identifying, and managing cloud resources.

    Key Outcomes

    By configuring Cloud Insights, customers can effectively monitor and manage their cloud resource usage, leading to better cost management and operational optimization. Users can leverage features like rightsizing and identifying unused resources to enhance efficiency and reduce spending.

    Plan and configure Cloud Cost Management to gain visibility into your total cloud consumption, reduce costs, and optimize the operations of your cloud platforms.

    Configuration overview

    Here's an overview of the process for configuring Cloud Cost Management.

    Table 1. Configure Cloud Cost Management
    Step Action Resource
    Install Cloud Cost Management

    Install Cloud Cost Management

    Get the Cloud Cost Management application from the ServiceNow Store. Install Cloud Cost Management
    Install Cloud Cost Management Infra Stack

    Install Cloud Cost Management Infra Stack

    (Optional)
    Get the Cloud Cost Management Infra Stack application from the ServiceNow Store.
    Important:
    The Cloud Cost Management Infra stack application is available with Cloud Cost Management version 8.1 and later. Installing the Cloud Cost Management Infra Stack application is optional. However, if you've activated this application, you can't deactivate it later.
    Install Cloud Cost Management Infra Stack
    Assign Cloud Cost Management roles

    Assign roles

    Assign Cloud Cost Management roles to user groups and to individual users based on user activities and responsibilities. Cloud Cost Management roles
    Configure MID servers

    Configure MID Servers

    Configure the MID Servers for enabling Discovery to communicate with your cloud platforms.
    Discover cloud resources

    Discover your cloud resources

    Discover the service accounts, the credentials for accessing the accounts, and the MID Servers that scan the resources. Discovering your cloud resources for use
    Download billing data

    Schedule and manage jobs to download billing data for Cloud Cost Management

    Provide the Cloud Cost Management application access to the billing and usage data of the used cloud platforms.
    Download and store price sheet data

    Schedule and manage jobs to download price sheets for Cloud Cost Management

    Enable Cloud Cost Management to download and store price sheet data of the used cloud platforms.
    Configure Cloud Cost Management

    Configure the Cloud Cost Management features

    Configure the Cloud Cost Management features to rightsize, identify, assign, manage, and analyze usage data of your cloud resources.
    Use Cloud Cost Management

    Use Cloud Cost Management

    Gain visibility into your total cloud consumption, reduce costs, and optimize operations of your cloud platforms. Using Cloud Cost Management