IBM Cloudability Feature

Budgets and Forecasts

Accurately predict your cloud spend and stay on budget

Setting budgets and forecasting IT spend is a well established practice. Yet when it comes to the cloud, it’s not so simple. Thousands of resources make up cloud infrastructure and it’s constantly changing. When applications use more instances than needed or unused instances are left running, the business is left with a larger than expected cloud bill and feeling like they’ve lost control of the cloud budget.

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Discover why IBM Cloudability was positioned furthest in vision and highest in execution on the 2024 Gartner® Magic Quadrant for Cloud Financial Management Tools.​
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“IBM provides the most complete full-stack CCMO solution,” according to the Forrester Wave™: Cloud Cost Management and Optimization Solutions, Q3 2024.

Keep your cloud spend on track by setting budgets

With IBM Cloudability, you can define a set of accounts and services that map to your organizational and financial reporting structure through Views. You are able to allocate multiple budgets per View and review your budgets across all of your cloud providers through a single pane of glass.

Accurately track current spending trends

Every day you can track how you are trending to make sure you stay on budget. With current month-to-date analysis, you get an accurate view of the current month against your budget and previous months’ trends. Now you can identify your biggest spend drivers, how they compare to the previous month and approximately when you’re projected to exceed your budget for the month.

Complex data science models help predict future spend

We use billions of dollars of historical spending patterns to inform our models. Because you know your business better than anyone else, we also provide you with simple tools to control what goes into the models.

Proactively monitor your budgets

You can subscribe to notifications to be alerted, at an interval of your choosing, when you are on track to exceed your budget or have already exceeded your budget in the current month.

See IBM Cloudability Features in Action

Contact us to start a free trial and explore Cloudability’s full feature set.

Cloudability features

With IBM Cloudability, FinOps teams from finance to engineering to product and organizational leadership can all work together to maximize the value of their cloud spend. Cloudability’s robust features address fundamental FinOps domains and capabilities.

Understand cloud usage and cost

Work together to gather all the required information to perform FinOps including cloud cost, cloud usage, observability, utilization, sustainability, and other data.

Quantify business value

Connect usage and cost data to business benefits and map cloud costs to budgets. Leverage historical data and plans to forecast while aligning with KPIs and benchmarking against peers.

Optimize cloud usage and cost

Focus on cloud efficiency by ensuring that only resources that provide benefit to the organization are used and are consumed at the lowest possible cost.

Integrations

Cloudability works well with others! Robust integrations enable inputs from other data sources for a full picture of your cloud costs.

Additional Resources