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.

    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 recommenda

    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.

    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.

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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 wit

    CenturyLink® Cloud Application Manager is a cloud-agnostic application and infrastructure management platform with integrated Managed Services delivered anywhere via automation. The centralized platform enables IT organizations to optimize infrastructure and costs for anticipated business requirements by efficiently managing workloads and some networking options across infrastructure environments. CenturyLink Cloud Application Manager infrastructure management platform with integrated Managed

    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.

    The AWS Cost & Usage Report lists AWS usage for each service category used by an account and its IAM users in hourly or daily line items, as well as any tags that you have activated for cost allocation purposes. You can also customize the AWS Cost & Usage Report to aggregate your usage data to the daily or monthly level.

    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.

    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.parkmyc

    Cloud Compare is a unique cloud matching engine that maps your existing server assets to leading cloud providers globally. It matches each existing asset to the nearest IaaS machine for each cloud provider. Enabling you to generate a bill of materials and detailed costs in seconds. It allows you to match a single cloud provider or compare prices and create bills of materials across many providers simultaneously. We support AWS, Azure, Rackspace and Google, with many more providers coming. Cl

    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

    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.

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

    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.

    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 t

    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.

    Easily deploy applications at any scale A Distributed, Highly Available, Datacenter-Aware Scheduler

    ShareGate Overcast give you visibility on your Azure usage, helps you understand how your resources are being used, and allows you to track and tame your cloud costs, in one simple-to-use interface.

    vCloud Usage Meter 3.6.1 leverages granular, minute-by-minute metering at the VM level instead of the cluster level, so you can easily break out product usage per end customer and bill accordingly.

    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.

    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.

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