Challenges resolved by SavingsNow
1. Unable to identify the ownership of cloud costs
Flexible and diverse cost allocation rules on SavingsNow allow cloud costs to be divided according to business attributes such as project, department, and group. These costs can be allocated periodically with a single click per billing cycle, automatically generating business invoices and clearly identifying the ownership of costs generated by cloud services.
2. Lack of visibility into cloud costs
Your multi-cloud costs are reflected in a unified view on SavingsNow, allowing quick access to cost information. With a single click, you can drill down into business departments, projects, regions, cloud services, tags, and more. The intuitive user interface gives you easy access to your multi-cloud costs.
3. Unpredictable and uncontrolled cloud costs
SavingsNow tracks business growth using machine learning algorithms to perform trend analysis based on your historical expenditures. It forecasts cloud costs and provides data support for planning business and cloud investments. Real-time monitoring and alerts for abnormal cloud costs help prevent unexpected charges at the end of the month.
4. Managing cloud costs efficiently is time-consuming due to the complexity of implementing best practices
SavingsNow analyzes compute, networking, memory, and RI/SP impacts, offering optimization suggestions by product or service. It uses feedback loops for efficient optimization, reducing costs and improving effectiveness.
5. Hard to detect abnormal Cloud cost in time
By configuring monitoring alerts on SavingsNow, you can promptly detect abnormal consumption of cloud resources, allowing users to address issues early and prevent unnecessary financial losses for the enterprise.
6. Compliance checks for resource tagging
Configuring tag dictionaries and detection rules enables the system to detect non-compliant tags across dimensions, including untagged resources. Tag governance is crucial for cloud cost analysis and optimization.
7. Unable to unify multi-cloud cost management
Unified visualization of multi-cloud costs is a key challenge in enterprise cost management. Our system currently supports both AWS and GCP, with plans to include other public clouds in the near future.
8. Managing custom cost analysis reports
The system offers dozens of ready-to-use preset reports for cloud cost management and optimization. However, to meet diverse user needs, it also supports custom report creation, allowing enterprise members to tailor reports as needed for detailed cloud cost analysis
