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.
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.
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.