Cloud cost management software helps companies control their cloud services-related spending by monitoring a company’s resource usage and computing demands. These tools are typically paired with an infrastructure as a service (IaaS) software offering to minimize the costs of their pay-as-you-go model. Cloud cost management software helps companies reduce waste by alerting users of lowered demand or automatically scaling usage to optimal rates. Companies also use these tools to increase the efficiency of their cloud service usage; cloud cost management solutions often provide reporting features to outline waste and redundancies. Cloud cost management software has some overlap with SaaS spend management software, but the latter is used to monitor and manage spending on cloud applications rather than cloud infrastructure.
To qualify for inclusion in the Cloud Cost Management category, a product must:
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Launched in 2009, Turbonomic is one of the fastest-growing technology companies in the virtualization and cloud management space, trusted by thousands of enterprise organizations to maximize the value of their IT investments. Turbonomic workload automation for hybrid cloud environments delivers enterprise organizations with automation that enables on-premises and public cloud to self-manage in real-time, thereby assuring application performance while lowering cost and maintaining compliance with business policies. The platform matches workload demand to infrastructure supply, helping customers maintain a continuous state of application health. Customers such as AT&T, Travelport and Thomson Reuters, use Turbonomic to automatically assure that their applications always get the resources they need to operate reliably, while utilizing their most valuable infrastructure and human resources most efficiently.
Azure Cost Management is a multi-cloud cost management solution that helps you best utilize and manage Azure and other cloud resources. It allows you to track cloud usage and expenditures for your Azure resources and other cloud providers including AWS and Google.
ParkMyCloud provides an easy-to-use platform that helps enterprises automatically identify and eliminate wasted cloud spend. More than 800 enterprises around the world - including Unilever, Sysco, Hitachi ID Systems, Papa John’s, and National Geographic - trust ParkMyCloud to cut their cloud spend by millions of dollars annually. ParkMyCloud’s SaaS offering allows enterprises to easily manage, govern, and optimize their spend across multiple public clouds. For more information, visit www.parkmycloud.com.
CloudHealth is the trusted cloud management software platform used to accelerate business transformation in the cloud. CloudHealth solutions and services help organizations drive efficiency through a cohesive cloud strategy based on integrated reporting, active policy management and strategic recommendations. The platform’s insightful analytics empower operational and technical teams to have more meaningful cloud conversations that simplify the way business gets done. CloudHealth helps customers such as Amtrak, Cox Automotive, News Corp, Zendesk, Suncorp and Sumo Logic harness the full power of their cloud environments. With offices around the globe, the company is backed by Kleiner Perkins, Meritech, Sapphire Ventures, Scale Venture Partners, .406 Ventures and Sigma Prime Ventures. For more information, visit us at www.cloudhealthtech.com or follow us @cloudhealthtech.
Beam is a multi-cloud governance service that provides organizations with deep visibility and rich analytics detailing cloud consumption patterns, along with one-click fixes for cost optimization and security compliance across their cloud environments. Beam proactively identifies idle and underutilized resources, and delivers specific recommendations to right-size infrastructure services to ensure optimal cloud consumption. Beam’s machine intelligence driven reserved instance purchase recommendations help to drive deep cost savings. Beam also automates cloud security compliance using 250+ audit checks that identify security vulnerabilities in real-time, and uses policy based automation to resolve potential threats before they become concerns. Beam helps you certify and maintain compliance with regulatory policies such as HIPAA, ISO, PCI-DSS, CIS, NiST and SOC-2. With Beam you gain complete visibility, optimization and control over your cloud consumption to ensure cost governance and security compliance.
The CloudCheckr Cloud Management Platform (CMP) offers a single pane of glass view to help modern enterprises manage and optimize their public cloud. DevOps, SecOps, and FinOps teams from hundreds of global enterprises and service providers rely on CloudCheckr to manage their Azure, AWS, and Google Cloud investments so they can quickly optimize spend, eliminate waste, and improve security and compliance throughout their cloud journey. CloudCheckr enables users to save money, time, and effort to increase operational efficiencies with automated actions for your cloud. Manage your expenses with cost allocation, spend optimization, invoicing and chargebacks. Use custom reports and alerts ensure governance and accountability as your environments scale. The CloudCheckr CMP provides total visibility across your cloud infrastructure and enables protection for state and activity monitoring, turning insight to action while meeting compliance demands. Manage your assets with cross-account dashboards that provide sophisticated reporting for enterprise-wide inventory based on tags, geography, function and more to proactively optimize workloads. Review summary and detailed usage statistics for resources across AWS, Azure, and Google Cloud, offering actionable intelligence to right-size and scale services efficiently.
IBM Storage Insights provides an unparalleled level of visibility across your storage environment to help you manage complex storage infrastructures and make cost-saving decisions. It combines proven IBM data management leadership with proprietary analytics from IBM Research.
Cloud Conformity is a cloud infrastructure governance system designed to help you prevent, detect, and correct critical threats to your AWS environments. The Cost Management product gives deep access into the cost structure of your environments, providing full featured reporting and visibility, paired with easy to follow steps to optimize your services, minimizing wasted costs. Through a simplified view of your entire AWS bill, you'll see detailed breakdowns and evolutions of your costs, forecasting and budget trends, and can setup budget and cost fluctuation alerts that integrate directly into your current systems and workflows you use today.
The Scalr Enterprise-Grade Cloud Management Platform enables today’s enterprises to achieve cost-effective, automated and standardized application deployments across multi-cloud environments.Scalr utilizes a hierarchical, top-down approach to policy enforcement that empowers organizations to find the balance between the needs of finance, security, IT and development teams.
FittedCloud's Dynamic Cloud Optimization solutions help customers reduce their public cloud infrastructure costs significantly by ensuring that resource provisioning matches application utilization. FittedCloud solutions achieve this transparently, automatically and without any user intervention or application disruption.
The HyperCloud™ Portal is a complete multi-cloud management platform which simplifies and supports workloads deployed on containers, VMs, or bare-metal, on any infrastructure or cloud and across clouds. Security, governance, and control, is delivered consistently, across 18 public and private clouds. It includes self-service resource provisioning, application automation and orchestration, and DevOps management with pay-as-you-use pricing. Finally, if resources are needed, HyperGrid offers computer, storage and networking, delivered as a service, on-premises.
IBM Spectrum Symphony software delivers powerful enterprise-class management for running compute- and data-intensive distributed applications on a scalable, shared grid. It accelerates dozens of parallel applications for faster results and better utilization of all available resources. With Spectrum Symphony, you can improve IT performance, reduce infrastructure costs and expenses, and quickly meet business demands.
Yotascale, a leader in Cost Management for AWS, provides cloud operations and finance teams predictable cloud costs. Cost allocation, visibility, planning, and optimization are key features of Yotascale software that enable an effective cost management strategy. Enterprises deploy Yotascale software to bridge the gap between CloudOps, engineering, and finance teams to fulfill fiscal responsibility while taking advantage of the agility of the cloud.