What is HCL MyXalytics, and how does it function as a FinOps platform?
Still Trapped in Uncontrolled, Unmanaged Cloud Cost?
Still Trapped in Uncontrolled, Unmanaged Cloud Cost?
Cloud adoption is trapped by spiraling costs, fractured visibility, and cross-team misalignment. Without a unified, AI-driven strategy, your organization struggles to maximize business value from its cloud investments.
- Uncontrolled Spend & Wastage: Inaccurate cloud forecasting and poor governance lead directly to budget overruns and uncontrolled cloud wastage.
- Missing ROI: Achieving consistent IT cost reduction and proving a positive return on mission-critical technology investments is challenging.
- Slow Action & Toil: Time lost on manual reporting and fragmented data prevents FinOps teams from automating key actions and accelerating innovation.
Our Impact
0%
improved asset utilization
0%
cost Savings by leveraging cloud-native purchase models like reserved instances and committed usage discounts
0%
reduction in manual reporting for multi-cloud cost visibility
HCL MyXalytics FinOps: The
AI-Powered Cloud Value Platform
HCL MyXalytics FinOps is an AI-powered cloud cost management solution that helps you stop cloud cost leakage and maximize ROI. Powered by AI and guided by FinOps experts, the platform uses the ACT Framework—Analyze, Collaborate, Transform—to automate cost optimization, improve forecasting, and drive accountability across teams. Turn spending into a strategic advantage.
HCL MyXalytics Benefits
From Cloud Spend to Business Value with AI
Analyze
Combat fragmented data by using GenAI to create a single view of spend. AI/ML monitors granular data, reports anomalies, and uses Predictive Analytics to forecast budget, workloads, and more. The platform incorporates industry best practices for cloud cost management, ensuring effective identification of waste and optimization of resource allocation.
Collaborate
Drive cross-team accountability and tagging governance with Practitioner-Led Advisory. Enable finance teams to collaborate with IT and engineering for better financial governance.Reduce cloud wastage through precise Showback, Chargeback, and Cost Allocation, even for untagged resources.
Transform
Convert insights into guaranteed savings through automated workload rightsizing, scheduling, and wastage elimination. Automated actions are used to optimize costs and prevent overspending, such as alerting users or freezing spending when budgets are exceeded. Future-proof your investment by tracking fundamental business value with Unit Economics.
Why Choose HCL MyXalytics?
GenAI-Powered Financial Command Center
Gain instant, unified visibility with a GenAI-powered single view of cloud spend across all applications. Leverage advanced cloud cost management features, including 200+ pre-configured reports and a smart chatbot to democratize data and replace manual, fragmented reporting across your organization.
GenAI-Powered Financial Command Center
Proactive Cost Prevention & Forecasting
Stop budget overruns before they happen. AI/ML Anomaly Detection and Predictive Analytics forecast costs and future workloads, giving you a competitive edge. Insights are curated via the Focus Lens Dashboard and expert monthly advisory.
Proactive Cost Prevention & Forecasting
Enforce Financial Accountability & Governance
Drive accountability with transparent Showback/Chargeback and precise Cost Allocation, even for untagged resources. Sanitize tagging and use Persona-Based Reporting and unified compliance dashboards to align every team to a financial goal.
Enforce Financial Accountability & Governance
Maximize ROI through Automated Optimization
Convert insights to guaranteed savings through automated workload rightsizing, scheduling, and wastage elimination. Prove fundamental value using Unit Economics and Performance Benchmarking to ensure every dollar spent directly drives business growth.
Maximize ROI through Automated Optimization
Frequently Asked Questions
How does the HCL MyXalytics platform perform cloud cost optimization?
My cloud spending is unpredictable. How does your platform handle Cost Anomaly Detection?