Today, businesses are allowing departments to have different cloud deployments to liberalize IT management. So, cloud management platforms are being used for managing different departmental requirements like project management, data sharing, collaboration and for industry-specific requirements like reporting and analytics, Big Data processing in telecommunication, banking and ecommerce and automotive industries. However, this approach of deploying a cloud-based platform has also hurled big challenges at the CIOs. Such challenges are centred on compliance issues, cost management, enterprise IT performances etc. To be able to counter such threats and challenges, a powerful cloud management platform is much required.