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What is Umbrella?

Umbrella is a cutting-edge financial management platform driven by artificial intelligence, crafted to give organizations thorough insight and authority over their expenses in varied multi-cloud settings, Kubernetes, and SaaS applications. This groundbreaking tool allows teams to uncover inefficiencies, forecast budgets, and improve cost-effectiveness through practical insights instead of depending on outdated manual spreadsheets. By integrating and correlating cloud and usage data, it generates visual depictions of spending trends, aligns costs with critical performance indicators, and tracks savings patterns while incorporating intelligent anomaly detection to spot unexpected cost hikes and deliver immediate alerts, enabling teams to act swiftly against potential budget overruns. Furthermore, it includes accurate forecasting and budgeting functionalities that support strategic planning, automated recommendations for reducing unnecessary spending, and multi-tenant management features designed for managed service providers as well as large corporations. Among its diverse capabilities are a cloud pricing comparison tool that evaluates expenses across AWS, Azure, and GCP, a savings tracker that monitors the success of optimization initiatives, and a user-friendly natural-language feature known as CostGPT, which enhances user experience and accessibility. Overall, Umbrella empowers organizations to make astute financial choices while effectively maximizing their cloud investments, ultimately fostering a culture of financial accountability and strategic resource allocation within teams.

What is IBM Cloudability?

IBM Targetprocess, once recognized as Apptio Cloudability, equips organizations with the tools to establish team budgets while accurately predicting and tracking cloud expenditures. This platform creates a connection between cloud spending and business value, enabling more informed decision-making regarding cloud investments. By monitoring costs closely, users can detect anomalies and uncover rightsizing opportunities based on metrics related to teams, services, or projects. All expenses, including those linked to containers and support services, can be precisely allocated, ensuring that the total cost of cloud services is properly charged back to the business. The rightsizing capabilities of the platform across prominent cloud services work to reduce operational expenses and free up resources for future projects. It empowers teams to take control of their cloud financials, associating these costs with business outcomes to enhance strategic planning. A comprehensive cloud optimization strategy is crafted with the aim of achieving immediate cost reductions. Additionally, this initiative comes with a range of optimization recommendations that align with the organization’s objectives, fostering accountability and improving the financial health of the enterprise. This method not only enhances budget management but also instills a sense of financial responsibility within teams, ultimately driving better business performance. By prioritizing these financial practices, organizations can ensure sustainable growth and innovation in their cloud endeavors.

Media

Media

Integrations Supported

Amazon Web Services (AWS)
Datadog
Desktop.com
Google Cloud Platform
IBM Apptio
IBM Targetprocess
Kubernetes
Microsoft Azure
OpenOps
Oracle Cloud Infrastructure
Snowflake

Integrations Supported

Amazon Web Services (AWS)
Datadog
Desktop.com
Google Cloud Platform
IBM Apptio
IBM Targetprocess
Kubernetes
Microsoft Azure
OpenOps
Oracle Cloud Infrastructure
Snowflake

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

Umbrella

Date Founded

2014

Company Location

United States

Company Website

umbrellacost.com

Company Facts

Organization Name

IBM

Date Founded

1911

Company Location

United States

Company Website

www.apptio.com/products/cloudability-family/

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

Cloud Management

Access Control
Billing & Provisioning
Capacity Analytics
Cost Management
Demand Monitoring
Multi-Cloud Management
Performance Analytics
SLA Management
Supply Monitoring
Workflow Approval

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Popular Alternatives

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