Optimize AWS and Azure cloud costs with ManageEngine CloudSpend. Get real-time insights, implement chargebacks, and right-size resources to reduce cloud bills and maximize ROI. Start your free trial today!

Feb 13, 2025 · Cloud cost management, sometimes called cloud cost optimization, is the practice of monitoring, measuring, and controlling cloud spend on providers like AWS, Microsoft Azure, and Google Cloud. The goal is to find ways to optimize costs and …

Forecasting cloud spend provides transparency into the costs of different cloud services, empowering federal customers to track expenditures, allocate resources effectively, and optimize their cloud environments for maximum efficiency and value.

Aug 16, 2023 · Gartner predicted that cloud spending (link resides outside of ibm.com) would reach nearly USD 600 billion by the end of 2023. There are many reasons why organizations have embraced cloud services, including improved efficiencies, cost savings, scalability, flexibility and quicker time-to-market.

Jan 5, 2022 · A cloud budget is a financial plan that estimates the amount of money you will spend on cloud computing resources over a certain period. Cloud budgeting refers to forecasting and allocating spend to various cloud computing aspects.

Mar 25, 2025 · “The solution supports financial awareness,” said Sonal Gupta, Senior Manager of FinOps and Hosting Service Delivery at The Carlsberg Group. “Everyone feels accountable for their cloud spend and avoids additional costs. We can budget and forecast, investing in just what we need, without cost spikes.”

Knowing a company’s cloud spend provides valuable insight. With cloud spend data at your fingertips, you can determine if there is ample room for your product in a prospects budget, estimate usage and fit for your services, and more.