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Aug 3, 2024, 4:43:37 PM8/3/24
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Cities the world over are working diligently to reduce traffic congestion and emissions all while improving budget efficiency. To achieve these goals, cities need traffic detection technology at the intersection that is reliable, accurate, and cost effective.

Every business relies on their earliest customers to ensure the success of their newest products and software. At Miovision, we have always collaborated with our early adopters, customers and users to help them turn costly traffic problems into actionable insights.

This article helps you understand what amortized costs are and how to view them in cost analysis. For simplicity, this article refers to a reservation or savings plan as a benefit. When you buy a benefit, you're normally committing to a one-year or three-year plan to save money compared to pay-as-you-go costs. You can choose to pay for the benefit up front or with monthly payments. If you pay up front, the one-time payment is charged to your subscription. If your organization needs to charge back or show back partial costs of the benefit to users or departments that use it, then you might need to determine what the monthly or daily cost of the benefit is. Amortization is the process of breaking the one-time cost into periodic costs.

First, let's look at a one-year virtual machine reservation that was purchased on January 1. Depending on your view, instead of seeing a $365 purchase on January 1, 2022, you'll see a $1.00 purchase every day from January 1, 2022 to December 31, 2022. In addition to basic amortization, the costs are also reallocated and associated to the specific resources that used the reservation. For example, if the $1.00 daily charge was split between two virtual machines, you'd see two $0.50 charges for the day. If part of the reservation isn't utilized for the day, you'd see one $0.50 charge associated with the applicable virtual machine and another $0.50 charge with a charge type of UnusedReservation. Unused reservation costs can be seen only when viewing amortized cost.

Now, let's look at a one-year reservation purchased at some other point in a month. For example, if you buy a reservation on May 26, 2022 with a monthly or upfront payment, the amortized cost is divided by 365 (assuming it's not a leap year) and spread from May 26, 2022 through May 25, 2023. In this example, the daily cost would be the same for every day. However, the monthly cost varies because of the varying number of days in a month. Also, if the reservation period includes a leap year, costs for the leap year get divided evenly by 366.

Because of the change in how costs are represented, it's important to note that actual cost and amortized cost views show different total numbers. Depending on your view in Cost analysis, the total cost of months with a reservation purchase decreases when viewing amortized costs, and months following a reservation purchase increase. Amortization is available only for reservation purchases and doesn't apply to Azure Marketplace purchases currently.

Although the preceding example shows how to calculate amortized costs for a reservation, the same logic applies to a savings plan. The only difference is that you use the charge type of UnusedSavingsPlan instead of UnusedReservation.

Actual cost - Shows the purchase as it appears on your bill. For example, if you bought a one-year reservation for $1200 in January 2022 and you paid for the entire purchase cost upfront, then cost analysis shows a $1200 cost in the month of January for the reservation. It doesn't show a reservation cost for other months of the year. However, if you're paying the reservation on a monthly basis, then you see this recurring cost on the monthly anniversary date. If you group your actual costs by VM, then a VM that received the reservation benefit for a given month would have zero cost for the month.

Amortized cost - Shows a reservation purchase split as an amortized cost over the duration of the reservation term. With the same previous example, cost analysis shows a different amount for each month depending on the number of days in the month. If you group costs by VM in this example, you'd see cost attributed to each VM that received the reservation benefit. However, unused reservation costs aren't attributed to the subscription used to buy the reservation because the unused portion isn't attributable to any specific resource or subscription. Similarly, unused saving plan costs aren't attributed to the subscription used to buy the saving plan.

Amortized costs are available only for reservations and savings plans. They aren't available for Azure Marketplace purchases. However, virtual machine software usage reservations available in the Azure Marketplace are supported.

When you use the DailyCosts view with a date filter applied, you easily see when a benefit was purchased with an increase in actual daily costs. If you try to view costs with the Amortized cost metric, you see the same results as Actual Cost.

Although the following example shows a reservation, the same logic applies to a savings plan. The only difference is that you use PricingModel: SavingsPlan instead of Pricing Model: Reservation.

To charge back or show back costs for a benefit, you need to know which resources used the benefit. Use the following steps to see amortized costs for individual resources. In this example, we examine November 2019, which was the first month of full reservation use.

Another easy way to view reservation amortized cost is to use the Reservations view. To easily navigate to it, in Cost analysis in the top menu select Views, and then select the Reservations smart view.

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The fast adoption and incredible excitement behind Ultra HD technology means that component costs have been drastically improved over the last few months and these reductions can now be passed on to customers, says Blackmagic Design. So, following words with action, the company decided to dramatically lower the price of the SmartView 4K from $1,995 to only $995.

When monitoring SD, 720 HD or 1080 HD SDI sources, the built in Teranex processor uses advanced patented and proprietary PixelMotion algorithms to automatically de-interlace and scale video to the native Ultra HD resolution of the LCD. This means customers get visually transparent, artifact-free scaling for the best possible quality and a fluid, smooth viewing experience.

The 6 rack unit size machined metal design of SmartView 4K features a built-in control panel for access to advanced features such as built-in 3D LUTs, H/V delay, blue only for checking hue and image noise and customizable frame markers. The machined metal design also has a metal internal chassis allowing VESA mounting points on the rear so the monitor can be rack mounted, or mounted on articulated arms similar to computer monitors. This allows installation in news rooms, walls and other non-rack mount locations.

Blackmagic SmartView 4K can be controlled from the front panel or remotely via rear-mounted Ethernet connection with loop output using the included Mac and Windows software. It also supports VESA mounting so customers can install it on articulated monitor arms, on walls or in equipment racks. When used on set, the dual 3D LUTs can be selected on and off with the push of a button, and the DC power input allows a V-Lock battery pack to be mounted on the rear of the monitor and plugged into the DC input.

Oracle Hyperion Smart View is one of several applications in the Oracle Hyperion software suite. Smart View is designed for Microsoft Office applications to provide a common Office interface designed specifically for Enterprise Performance Management (EPM) and Business Intelligence (BI).

The challenge for Financial teams attempting to use Smart View is that your organization needs to utilize and maintain other software applications in the Oracle Hyperion software suite to get the most value out of Smart View.

While Oracle says that each application can be deployed independently, the suite is built for interdependency on the other software applications, which include Financial Management, Financial Data Quality Management, Essbase, Financial Reporting, Workforce Planning, Capital Asset Planning, Financial Data Quality Management, and many more.

In other words, the cost of implementing, maintaining, and updating Smart View and a select number of other EPM applications is incredibly inefficient, while implementing the entire Oracle Hyperion software suite is unnecessary for your organization.

Fortunately, there is an alternative to the Oracle Hyperion software suite. The clear alternative is OneStream XF, which was built to meet the needs of modern business.

Comparatively, OneStream Software offers one, unified platform designed to address financial consolidation, reporting, budgeting, planning, forecasting, analysis, and data quality for your organization. The OneStream XF platform was built to work with the IT resources in your organization to ensure the ideal deployment in the cloud, on-site, or in a hosted environment.

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