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Top 8 Cloud Cost Management Tools

TurbonomicCloudHealthvRealize Business for CloudAzure Cost ManagementCloudabilityAWS Savings PlansCloudCheckr CMx High SecurityAWS Cost Management
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    The solution has a good optimization feature. Turbonomic can show us if we're not using some of our storage volumes efficiently in AWS. For example, if we've over-provisioned one of our virtual machines to have dedicated IOPs that it doesn't need, Turbonomic will detect that and tell us.
  2. The pricing is rather competitive right now.The solution is good for cloud cost management.
  3. Find out what your peers are saying about Turbonomic, an IBM company, VMware, Microsoft and others in Cloud Cost Management. Updated: January 2022.
    564,643 professionals have used our research since 2012.
  4. It doesn't take long to develop an automation blueprint. You need about half an hour, and then you can install or deploy it on several systems. That was our first great advantage in the project because we urgently needed to deploy across many different systems.
  5. We don't actually use the Azure Cost Management features. We have our own capabilities. We put our own technology on top of Azure as Azure doesn't deliver a really good cost optimization, so our customers come to us to enhance what they're potentially doing inside their Azure platform.
  6. The pricing isn't too expensive.Transparency and visibility are the key features.
  7. The initial setup is very easy.
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  9. The initial setup is straightforward.It will automatically suggest areas for optimization.
  10. With the cost management tool, clients can optimize fine tuning their consumption.All of the reporting features are very good, as they allow us to track monthly expenses and send relevant emails.

Advice From The Community

Read answers to top Cloud Cost Management questions. 564,643 professionals have gotten help from our community of experts.
Ariel Lindenfeld
Let the community know what you think. Share your opinions now!
author avatarAbhishekGupta3
Real User

Couple of factors to consider: 
1. First and foremost would be Insight into your Cloud environment (detailed inventory information)
2. Cost split across various services being consumed
3. Identification of wasted resources in the environment
4. View into the utilization of existing resources

Let me know if we can connect to discuss in detail regarding your requirement.

author avatarRichard Stinton
User

1. Rightsizing resources based on actual performance data. Compute and storage. PaaS tiering.


2. Software licensing/license mobility


3. Wasted resources (unattached storage)


4. Location. Are there cheaper regions that could be used?


5. Test/Dev. Power off when not needed. Are you wasting licenses when not required?

author avatarClement Hussenot
Real User

The solution must allow all the co-workers to understand the costs of their services, to put this in relation to the BV, to be alerted at the time of
a cost peak.

author avatarSajith Kumar
User

Billing.

author avatarDaryl Knight
Vendor

Better planning upfront will prevent future cost management pain.  


DISCLOSURE - we built cloudstep to reduce the risk and uncertainty that surrounds public cloud adoption.  We take a total Application cost view - not just an Infrastructure view.  


-Start by building your financial baseline, i.e. your current cost to deliver IT.  From there compare it against different deployment options (IaaS, PaaS, SaaS) delivered via different cloud vendors (AWS/Azure). 


-Build complex business cases on evidence and YOUR true costs - not a bunch of "woolly" vendor assumptions.  


-Build a 5 year TCO model that CxO's have confidence in and trust.


-If you are already in / or partway to the cloud - automate, automate, automate. Turn off those dev / pre-prod machines at night and make sure you understand the cost impacts of 100 seemingly small decisions. When added up they can contribute to an unexpected hefty bill. 

author avatarTodd Bernhard (CloudCheckr)
Vendor

Disclosure: I work for CloudCheckr but here are my thoughts: Naturally, you want a solution that saves money by identifying unused and idle resources, rightsizing both up and down, and leveraging discount opportunities such as Reserved Instances, Savings Plans, etc. You might also want a tool that provides invoices, for chargeback or show back, with custom rates so you can capture and recoup costs from other departments.


But don't forget that Downtime and Security Breaches can cost far more than any wasteful resources. A good Cloud Management Platform will also make recommendations for, and in some cases automatically fix, security misconfigurations and high availability concerns.


Find out what your peers are saying about Turbonomic, an IBM company, VMware, Microsoft and others in Cloud Cost Management. Updated: January 2022.
564,643 professionals have used our research since 2012.