2022's Guide to Choosing the Right Cloud Cost Optimization Tool
                      
 
2022's Guide to Choosing the Right Cloud Cost 
Optimization Tool 
 
What is Cloud Cost Management? 
 
With technology taking over most of our work, it is now easy to manage a business' cloud costs 
using the cloud cost management tool or public cloud optimization tools. Cloud Cost 
Management is the process of estimating, organizing, managing, and controlling the cloud 
spending of a business. A business needs to manage its cloud server and other cloud-related 
costs optimally and efficiently. A Cloud Cost Management Tool helps a business in reducing its 
cloud waste through its alert system for different parameters like low demand, unstable cloud 
usage, and many more. Thus, a cloud governance platform acts as a guarding tool for all the 
cloud resources a business deploys in its operations. 
 
Benefits of adopting Public Cloud Optimization Tools 
 
  -  Effective Budgeting 
  -  Accurate Forecasting 
  -  Monitoring Cloud Usage and Costing 
  -  Proper Resource Allocation across the business 
  -  Managing to overspend cloud resources 
 
 
 
How to choose a Cloud Cost Management Tool for your business? 
  
Transparent Visibility - A cloud cost management tool that offers transparent visibility into the 
performance, allocation, costs and other aspects of its application gives a reliable and 
transparent view of the cloud spending and performance structure of a business. This helps the 
business in forecasting, reporting, and making decisions in its business operations.  
 
Recommendation for cost-saving - A good cloud cost optimization tool gives you cost-saving 
recommendations and helps in monitoring the costs and how to cut the excess costing. Such a 
public cloud optimization tool tells when a resource is running redundant or when the 
resources are over provisioned. 
 
Trend Analysis - A cloud governance platform that can deliver insights into the future trend 
analysis helps in predicting the costs to be spent based on a business' consumption trend. 
 
Automated alerting system - A cloud governance platform or tool should have a set of 
automated alerting features that will scrutinize a business' cloud usage, keep cloud costs in 
regular check, and alert if there are any concerns. 
 
Best Cloud Cost Management Tool of 2022 
 
FinOps by AquilaClouds  
 
We recommend the FinOps tool by AquilaClouds which fulfills your cloud costing needs. FinOps 
assesses the financial health of a business and generates alerts and reports regarding a business 
need and provide ways to rectify the cloud allocation. 
 
 
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