Group Mike - Intuitive Business Data
Why It Matters
It empowers organizations to reclaim billions in wasted cloud spend, turning cost visibility into actionable controls without requiring programming skills.
Key Takeaways
- •Over 30% of cloud spend is wasted annually
- •Unused resources cost $44 billion each year globally total
- •Integrated AI assistant provides real‑time expense insights for cloud
- •Visual programming lets non‑engineers create cost‑control policies easily
- •Policies run every 15 minutes, auto‑generating tickets on spikes
Summary
The video introduces Group Mike’s Intuitive Business Data platform, aimed at curbing massive cloud‑cost waste by giving organizations a single pane of glass to monitor and control spending.
It cites that more than 30 % of cloud spend—about $44 billion annually—is idle, with up to 40 % of compute capacity unused and roughly 70 % of engineers unaware of their code’s cost. The solution combines an AI‑driven assistant, real‑time dashboards, and a custom visual programming language to surface actionable insights without deep technical expertise.
A walkthrough shows users building a policy for AWS Lambda: comparing daily cost to twice the month‑average, multiplying by a constant, and automatically generating a ticket when the threshold is breached. The policy, named “AWS Lambda usage spike,” is saved and runs every 15 minutes, illustrating the platform’s low‑code automation.
By democratizing cloud‑cost governance, the tool promises significant savings, tighter budget compliance, and faster response to overspend events, making it valuable for both finance teams and engineering squads.
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