Azure FinOps: Improve the ROI on your Cloud Spend with Cost Optimization & Governance
CloudMonitor monitors your cloud consumption costs and looks for cost-saving opportunities so you only pay for what you need. CloudMonitor finds oversized resources and services that are no longer in use and suggests best practices based on real-time utilization patterns. It implements the FinOps lifecycle framework for improved cost visibility, cost allocation, and chargebacks.
Take Control of your Cloud Costs
CloudMonitor works 24x7 to optimize, reduce and manage your cloud costs automatically
Automated Cost-Saving Recommendations
CloudMonitor monitors your cloud resources in real-time and finds any that are oversized or unused.
Visualize, Analyze and Understand Your Costs
Flexible dashboards and scheduled reporting on your costs by Business Unit or Cost Group.
Budgeting & Forecasting by Cost Group
Set limits for consumption by Business Unit or Project so that projects cannot exceed their allocated spend.
Automatic Cost Anomaly Detection
CloudMonitor will notify you if something costs a lot more today than it did yesterday which prevents bill-shock.
How can Automated FinOps Help your Company?
CloudMonitor allows companies to reduce their cloud consumption costs while setting up an effective and automated governance process with real-time cost controls to manage their cloud resources more efficiently.
Gain Visibility of your Cloud Expenses
Understand your cloud spend in digestible, self-service dashboards
- Granular visibility of all your Azure Resources
- Ability to evaluate and analyze your cloud costs and compare period on period expenses
- Understand your costs by Cost Groups or Projects to match your business processes
Optimize your Cloud Consumption Costs
Quickly identify cost saving opportunities
- Personalized, cost-saving recommendations on underutilized or oversized services
- Easily find and review unnecessary costs by monitoring your cloud consumption in real-time
- Get a complete view of your cloud financial cost and distribute the costs by Cost Groups or Projects to match your business processes
Improve Cloud Governance and Security
Monitor your environment for potential bill-shock real-time
- Improve cloud management with automated governance recommendations
- Integrate into your workflow real-time delivery of recommendations, budget alerts, anomalies, and other alerts through multiple channels like Teams, Slack, email, reporting, SMS, etc.
- CloudMonitor adds audit logging into your governance and security process
Establish Cloud Ownership & Accountability
Educate your team to understand cost implications
- Enable users to understand and take responsibility for the resources they own and create
- Teach your dev team how to right-size resources by suggesting improvements based on utilization and resources
- Provide real-time alerts to the development team via Teams
Ready to take control of your cloud expenditure?
Why is Effective Cost Governance so Difficult?
There are many reasons why cloud costs are usually the number 1 concern in a company, from quick growth, big data storage, lack of processes, multiple teams using the same resources, to complex pricing and reporting.
CloudMonitor mitigates these issues by providing automated cost management and cost controls in real-time, 24×7 so you can sleep at night knowing that your costs are as low as they possibly can be!
CloudMonitor helps solve these common problems:
- Complex cost reporting
- Obscure Pricing Models & Price Calculators
- Disconnect between Costs, Budgets, and Usage
- Disconnect between the people spinning up resources and those paying the bills
- Lack of processes and time to educate dev teams on best practices
