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Socialize AWS Costs to Engineering & Product Teams

CloudForecast helps companies monitor, optimize, and socialize AWS costs with simple, easy-to-understand reporting and features. Our goal is to provide intuitive tools that empower your teams to quickly grasp AWS spending, enabling seamless communication across engineering, finance, and leadership.

Tracking and analyzing AWS costs can be time-consuming, manual, and tedious. Our features accelerate this process and provide precise, actionable data for cost monitoring and optimization. This helps eliminate wasted AWS spend while making it easy to socialize cost insights across teams.

We want your engineering team to focus on driving your company forward—not on complex financial reporting—by giving everyone the visibility they need to stay aligned on cloud costs.

CloudForecast Features

Our features are bucketed into three main themes that follow AWS cost optimization guidelines and best practices:

  1. AWS Resource Organization
  2. Cloud Cost Management and Optimization

AWS Resource Organization

  • Tagging Center: A set of reports and dashboards to help you clean up your AWS tags:
    • Tagging Compliance: Provides a summary of resources that aren’t following your tagging strategy, along with dashboards and reports on the current state of your tagging policy.
    • Tagging Detective: Offers cost visibility dashboards based on specific tag keys and values.

Cloud Cost Management

  • Daily AWS Cost Monitoring Reports—This is a daily AWS cost report that summarizes your costs (Overall cost product, region, tag, sub-accounts costs) and proactively alerts you of any significant cost anomalies. In less than 30 seconds, you’ll know the exact health of your AWS costs for the day.
  • Daily Slack AWS Cost Monitoring Reports – A Slack version of our Daily Cost Reports.
  • Daily AWS Reserved Instances and AWS Savings Plan Monitoring – An add-on to our Daily Cost Report. We summarize all your underutilized RI’s and Saving Plan’s and warn you of any upcoming expirations.
  • Weekly AWS Reserved Instances Utilization Report – A weekly report that breaks down all your AWS Reserved Instances by coverage, utilization, expirations and possible missed saving opportunities.
  • AWS Monthly Financial Report – An Excel report provides a high-level monthly financial overview of your AWS cost that financial stakeholders can understand and relate to.
  • Kubernetes Cost and Resource Monitoring (coming soon) – A daily report on key metrics (i.e. cost, utilization, etc.) at various Kubernetes level (i.e. namespace, pods, labels).

AWS Cost Optimization

  • #ZeroWaste: A monthly health check report that scans your resources across the following areas for possible wasted AWS costs and resources:
    • Elasctic Cloud Computing (EC2) – Old generations and over-provisioned instances
    • Application Load Balancer (ALB) – Find and report on all unused ALB
    • Elastic Block Store (EBS) – Report on old snapshots and unused / unattached EBS volumes.
    • Elastic Load Balancing (ELB) – Find and report on all unused ELB
    • Relational Database Service (RDS) – Overprovisioned and unused instances. Resize instances.