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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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.
Beam is a multi-cloud optimization service delivered alongside Nutanix Enterprise Cloud OS, offering a unified, agile solution to the challenges of multi-cloud planning, resource management, and unexpected cloud cost leaks. Beam provides cloud cost analytics, centralized cost governance, intelligent consumption planning, and security compliance to automate cloud health checks and reduce the strain of time-consuming cloud management. By providing deep visibility and rich analytics into cloud spend patterns, companies are able to set policies to continuously maintain high levels of cloud cost efficiency. Beam utilizes machine intelligence to offer personalized purchase recommendations based on usage and growth patterns, resulting in improved cloud ROI. To ensure cloud compliance, Beam delivers 250+ security checks that identify security vulnerabilities in real-time, allowing businesses to resolve potential threats before they become concerns. With one-click remediation and round-the-clock security, Beam simplifies and reduces time spent overseeing the cloud, allowing users to prioritize innovation.
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.