Best Cloud Cost Management Software
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Compare the Top Cloud Cost Management Software as of April 2025
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What is Cloud Cost Management Software?
Cloud cost management software tools help organizations monitor, manage, and optimize their spending on cloud services across multiple providers. These tools offer visibility into cloud resource usage, allowing users to track costs in real time, set budgets, and receive alerts for potential overspending. They provide detailed reports and insights, enabling businesses to identify underutilized resources, eliminate waste, and make data-driven decisions to optimize cloud expenditures. Additionally, cloud cost management tools often include forecasting features to predict future costs and recommend cost-saving strategies. By centralizing cloud cost data and offering automation features, these tools help organizations efficiently manage their cloud budgets and prevent unexpected financial overruns. Compare and read user reviews of the best Cloud Cost Management software currently available using the table below. This list is updated regularly.
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1
Datadog
Datadog
Datadog is the monitoring, security and analytics platform for developers, IT operations teams, security engineers and business users in the cloud age. Our SaaS platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide unified, real-time observability of our customers' entire technology stack. Datadog is used by organizations of all sizes and across a wide range of industries to enable digital transformation and cloud migration, drive collaboration among development, operations, security and business teams, accelerate time to market for applications, reduce time to problem resolution, secure applications and infrastructure, understand user behavior and track key business metrics.Starting Price: $15.00/host/month -
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Amazon CloudWatch
Amazon
Amazon CloudWatch is a monitoring and observability service built for DevOps engineers, developers, site reliability engineers (SREs), and IT managers. CloudWatch provides you with data and actionable insights to monitor your applications, respond to system-wide performance changes, optimize resource utilization, and get a unified view of operational health. CloudWatch collects monitoring and operational data in the form of logs, metrics, and events, providing you with a unified view of AWS resources, applications, and services that run on AWS and on-premises servers. You can use CloudWatch to detect anomalous behavior in your environments, set alarms, visualize logs and metrics side by side, take automated actions, troubleshoot issues, and discover insights to keep your applications. CloudWatch alarms watch your metric values against thresholds that you specify or that it creates using ML models to detect anomalous behavior. -
3
Pepperdata
Pepperdata, Inc.
Pepperdata autonomous cost optimization for data-intensive workloads such as Apache Spark is the only solution that delivers 30-47% greater cost savings continuously and in real time with no application changes or manual tuning. Deployed on over 20,000+ clusters, Pepperdata Capacity Optimizer provides resource optimization and full-stack observability in some of the largest and most complex environments in the world, enabling customers to run Spark on 30% less infrastructure on average. In the last decade, Pepperdata has helped top enterprises such as Citibank, Autodesk, Royal Bank of Canada, members of the Fortune 10, and mid-sized companies save over $250 million. -
4
ServiceNow IT Operations Management
ServiceNow
Predict issues, reduce user impact, and automate resolutions with AIOps. Move away from reactive IT operations with insights and automation. Identify anomalies and solve issues before they occur with cross-team automation workflows. Deliver proactive digital operations with AIOps. Stop chasing false positives and identify anomalies with less guesswork. Collect and analyze telemetry data for enhanced visibility and reduced noise. Find the root cause of incidents and share actionable insights across teams. Reduce outages by taking action based on guided recommendations. Shorten recovery times by rapidly implementing solutions based on insights. Simplify repetitive tasks with pre-built playbooks and knowledge base resources. Create a performance-driven culture across teams. Give DevOps and Site Reliability Engineers (SREs) visibility into microservices to improve observability and speed up incident response. Go beyond IT operations to manage the entire digital lifecycle. -
5
IBM Turbonomic
IBM
Cut infrastructure spend by 33%, reduce data center refresh costs by 75%, and get back 30% of your engineering time with smarter resource management. Increasingly, complex applications run your business. And they can run your teams ragged trying to stay ahead of dynamic demand. When application performance drops, teams are often reacting at human speed, after the fact. To avoid disruption, you may overprovision resource allocations, making estimates that are often costly and don’t always pay off. The IBM® Turbonomic® Application Resource Management (ARM) platform allows you to eliminate this guesswork, saving both time and money. You can continuously automate critical actions in real time—and without human intervention—that proactively deliver the most efficient use of compute, storage and network resources to your apps at every layer of the stack.
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