DEVOPSdigest

ManageEngine announced the availability of CloudSpend for Microsoft Azure.

Already available for AWS, the solution's business intelligence and smart forecasting capabilities have evolved to address the gap between capacity planning and cost optimization for resources running in multi-cloud environments.

CloudSpend targets the burgeoning costs of AWS and Azure adoption among public cloud providers.

CloudSpend's notable features include:

- Business units and chargebacks: With chargebacks, organizations can use native tags to make business units accountable and attribute tags to understand costs of different projects, departments, teams or cloud customers.

- Budgets and forecasts: Businesses can define budget limits for AWS and Azure accounts and receive notifications when spending exceeds the budget. CloudSpend can also give insightful forecasts based on historical data.

- Resource Explorer with out-of-the-box visibility: CloudSpend has nine types of system-generated tags to slice and dice organizations' AWS and Azure expenditures. Teams can schedule reports on different aspects, including linked accounts, service types, regions and user-defined tags.

- Multi-currency support: CloudSpend also supports multiple currencies, letting finance and IT teams view costs in currencies from 25 different geographic locations for various transactions.

- IT automation: The solution can rightsize cloud resources via IT automation and integrate seamlessly with multiple third-party providers to keep track of spending across vendors.

With these features and many more, CloudSpend provides financial planners, IT teams and cloud service providers with the key business intelligence they need to streamline their capital expenditure and scale their businesses without wasting resources.