Best Cloud Cost Management Software

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:

  • Monitor cloud infrastructure usage
  • Track spending as it relates to resource usage
  • Identify areas to save by reducing resource usage
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    Amazon CloudWatch is a monitoring service for AWS cloud resources and the applications you run on AWS.

    AWS Cost Explorer lets you dive deeper into your cost and usage data to identify trends, pinpoint cost drivers, and detect anomalies, completely free of charge.

    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.

    AWS Budgets gives you the ability to set custom budgets that alert you when your costs or usage exceed (or are forecasted to exceed) your budgeted amount.

    ParkMyCloud is a simple, single-purpose SaaS tool that connects to AWS, Azure, Google Cloud Platform, and Alibaba Cloud and enables users to automatically schedule on/off times for their idle servers, saving 65% or more -- think “Nest for the Cloud”.

    Cloudability offers cloud cost managment, optimization and efficiency tools. It is designed to collect and store all user's cloud bills and AWS usage data, then organizes it into simple, customizable reports users can share.

    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.

    Abiquo is a software helps enterprises manage private and public clouds alongside docker hosts, unifying security, control, and reporting.

    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.

    Multi-cloud management platform that helps IT development, operations, and management efficiently manage cloud infrastructure and applications.

    Skeddly is a leading SaaS solution for automated Amazon AWS control, including reducing costs, scheduling backups, eliminating waste, and automating IT tasks.

    VMware vRealize Business for Cloud automates cloud cost analysis, consumption metering, cloud comparison and planning, delivering the cost visibility and business insights you need to run your cloud more efficiently.

    Advanced Analytics Engine (CiRBA) analyzes technical, business and resource constraints to determine optimal workload placements and resource allocations.

    Azure Costs is cloud cost and spending manager software featuring tracking spends, mail reports and alerts, reporting for operations, trend analytics, resource tagging and spending breakdowns.

    BidElastic as a resource provisioning tool with two components: BidElastic BidServer cuts computational costs; BidElastic Intelligent Auto Scaler (IAS) streamlines management and monitoring of your cloud provider.

    Bitcanopy is a data-driven intelligent cloud management system for Amazon web services (AWS), providing cost optimization of AWS inventory, resource management, intelligent alerts and enterprise consultation for cloud management.

    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.

    Cloudforecast helps developers/devops monitor and optimize their cloud spend. We provide a daily email report that breaks down AWS cost and provides visibility to avoid and catch naive mistakes.

    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 or follow us @cloudhealthtech.

    With the Cloud Monitoring service, it is possible to monitor all your websites, Cloud Servers, dedicates servers whether they are hosted in the Aruba Cloud data centers or with other providers.

    Cloud monitoring & optimization SaaS for actionable business insights and recommendations including sizing, location, and pricing optimization capabilities.

    CoreStack offers orchestration solution that accelerates multi-cloud adoption, optimizes consumption and enforces governance for businesses to maximize business agility and deliver predictable outcomes

    ServiceNow Financial Modeling maps actual business service, application, project, and infrastructure costs that are already managed within the Now Platform to their consumers.

    We are the next generation cloud optimization service that perfectly and automatically matches the optimal cloud resources to your applications.

    DivvyCloud is a leading developer of innovative technology to automate and optimize cloud infrastructure.

    Dripstat is monitoring for cloud infrastructure. Users can view live metrics and application performance.

    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.

    GorillaStack is a cloud automation solution for DevOps teams that automates AWS environment to increase productivity and reduce costs.

    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.

    The tool offers you end-to-end views of your server environment and can save you significant money in operation monitoring and by predicting utilization bottlenecks in your virtualized environment.

    Actoncloud is a cloud management software that helps to manage and optimize multi-cloud including spending.

    OpsRamp - View and control your entire IT infrastructure by automating management, optimizing availability, performance and capacity to drive unified IT operations from a single pane of glass.

    PyraCloud is a solution that helps to manage better the budget and spend for all cloud resources used in the company.

    TrueSight Cloud Cost Control provides visibility and control over multi-cloud costs including AWS, Azure, Google Cloud, and others.

    Manage AWS, Azure and Google clouds by eliminating complexities and unifying cloud management. Unigma makes cloud management easy, helping you control cloud spend and making your reseller cloud billing process easier.