Monitor cloud costs in real-time and receive alerts on any significant cost anomalies or spikes.
This use case provides continuous, real-time monitoring of cloud spending across services. By setting up custom thresholds and receiving instant alerts, organizations can identify unexpected cost increases or usage spikes immediately and take corrective action to stay within budget.
We’ve listed the products and solutions that commonly address the Real-Time Cloud Cost Monitoring use case below.
IBM Cloudability is fit for enterprises looking to build a “Cloud Center of Excellence”. The team behind Cloudability are also the main purveyors of the value of FinOps and that can be seen in the product.
CloudForecast is an ideal solution for small teams and startups because it has affordable pricing and doesn't do too much. Setup up is turnkey and provides simple cost monitoring out-of-the-box with cloud spend reports delivered to email or Slack the next day.
Owned by IBM, Kubecost is an open-source cloud cost management solution designed for teams heavily utilizing Kubernetes. Developed by the team behind Kubernetes, it now includes tracking of non-Kubernetes spend, providing comprehensive cost insights.
VMware Tanzu CloudHealth is fit for enterprises looking to build a “Cloud Center of Excellence”. CloudHealth is the pioneer in cloud cost management services and one of the first to build a solution suitable for enterprises building multi-cloud.
Yotascale provides visibility into cloud spend with an engineering-first approach. Its sweet-spot is with companies that spend in excess of $1M per year and want to pivot away from the FP&A-oriented approaches of CloudHealth or Apptio Cloudability.
nOps provides comprehensive cloud management solutions for efficient and secure cloud operations.
Zesty is a cloud cost optimization platform that uses machine learning to automatically adjust and rightsizes workloads across AWS, Azure, and Google Cloud.
Datadog Cloud Cost Management offers a comprehensive suite of tools for efficient cloud expenditure.
Nutanix Cost Governance is a robust solution for optimizing cloud costs and ensuring governance.
Pump provides innovative billing solutions to streamline cloud cost management for businesses.
CAST AI is a cutting-edge solution for intelligent cloud infrastructure management.
ProsperOps offers cloud cost optimization solutions with a focus on maximizing business value.
Antimetal is a comprehensive solution for managing cloud infrastructure securely.
CloudZero is focussed on the needs of digital native companies for whom cloud spend is a critical piece of COGS and where decision-making is closer to the engineering side. They also put a lot of emphasis on revealing unit and marginal costs.
Spot offers a comprehensive portfolio of cloud cost management and optimization services. Known for its advanced spot management solutions, it is a top choice for MSPs and seamlessly integrates with other Spot offerings. CloudCheckr, an integral part of the platform, is a comprehensive cloud management solution with a suite of tools that goes beyond cost and into security, governance and compliance. It is popular among mid-market and enterprise companies.
Usage AI is an effective point solution that delivers ROI through automated management of Reserved Instances and Savings Plans on AWS. It has an attractive pay-for-performance-like pricing model as well.
Vantage has the most seamless onboarding experience in the market, and still comes with powerful filtering tools and cost insights delivered in a great design. If you're tired of pivoting tables with your cost data, this might be the tool for you.
Harness Cloud Cost Management delivers advanced tools for optimizing and controlling cloud expenses.
Finout is a FinOps platform for managing cloud costs and infrastructure efficiently.
Customize these feature priorities in Taloflow and get expert ratings for 15 different vendors and solutions, including None.
| Feature | Dimensions | Description | Priority |
|---|---|---|---|
| Cost Forecasting |
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The service produces cost forecasts or predictions that are shown in the monitoring dashboard with upper and lower bound confidence limits. | Important |
| Forecast Model Updated Daily |
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The model that produces forecasts or predictions is updated once a day or within 24 hours of the most recent cost report. | Important |
| Real-time Cost Estimates |
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This allows you to get an estimate of your running cost even before the Cost and Usage Report data is generated from your cloud provider, which comes in at long intervals (usually once a day). | Important |
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