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What is Spot Cost Intelligence?

Spot’s Cost Intelligence offers a robust solution for overseeing cloud spending, designed to improve transparency, enhance financial outcomes, and support effective FinOps practices across various cloud environments. It collects and structures expenditure and usage data from platforms like AWS, Azure, and Google Cloud into customized dashboards and visually appealing representations, which assist users in understanding resource consumption, identifying discrepancies, and making data-driven choices. The system incorporates proven best practices, featuring alerts and checks to highlight inefficiencies or excessive costs, thus enabling swift corrective measures. Moreover, it includes automation features that allow users to set triggers, generate tailored reports, and alert teams when certain spending or usage thresholds are surpassed. This capability also transforms raw cost and inventory data into valuable business insights, such as computing costs per customer or storage expenses per product. Additionally, by linking Cost Intelligence with Spot’s Billing Engine, Eco, and Ocean modules, organizations can effectively adopt FinOps strategies, promote collaboration among various stakeholders, and achieve enhanced financial coherence throughout their cloud operations. Such a comprehensive methodology empowers firms to maintain oversight of their cloud spending while simultaneously fostering efficiency and accountability, ensuring they can navigate the complexities of modern cloud finance management effectively.

What is FinOps?

Let us help you navigate the complexities of cloud cost management, ensuring that the financial side of cloud operations operates with the same speed and efficiency as IT processes. Just as DevOps revolutionized software development by breaking down barriers and increasing agility, FinOps enhances the value gained from cloud services by bringing together experts from technology, business, and finance within a unified framework of innovative practices. Serving as a collaborative platform, FinOps integrates various teams—such as finance, procurement, IT operations, developers, and DevOps engineers—creating a harmonious strategy for managing IT costs. There is an urgent demand for a dependable third-party cloud cost management solution that operates independently from cloud service providers, capable of automating complex tasks that would otherwise be daunting. Acting as a cornerstone tool, FinOps encapsulates the principles and strategies crucial for successful cloud cost management. The ultimate goal of adopting FinOps is to transition to a microservices architecture (MSA) utilizing container technologies along with DevOps methodologies, which can result in noteworthy cost savings. In addition, we encourage you to delve into our range of DevOps products, which can further boost your operational effectiveness and streamline your processes. By embracing this holistic approach, organizations can achieve not only financial clarity but also enhanced collaboration across all teams involved.

Media

Media

Integrations Supported

Amazon Web Services (AWS)
Google Cloud Platform
Microsoft Azure
Alibaba Cloud
Google Workspace
Kubernetes

Integrations Supported

Amazon Web Services (AWS)
Google Cloud Platform
Microsoft Azure
Alibaba Cloud
Google Workspace
Kubernetes

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Spot

Company Location

United States

Company Website

spot.io/product/cost-intelligence/

Company Facts

Organization Name

Bespin Global

Date Founded

2015

Company Location

South Korea

Company Website

en.bespinglobal.com/product-solutions/finops/

Categories and Features

Cloud Cost Management

Cost Reduction Optimization
Dashboard
Data Import/Export
Data Storage
Data Visualization
Resource Usage Reporting
Roles / Permissions
Spend and Cost Reporting

Categories and Features

Cloud Cost Management

Cost Reduction Optimization
Dashboard
Data Import/Export
Data Storage
Data Visualization
Resource Usage Reporting
Roles / Permissions
Spend and Cost Reporting

Popular Alternatives

Popular Alternatives

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