Cloud cost management
Master your multi-cloud spend with comprehensive cost management and FinOps
As your organization embraces a multi-cloud strategy, managing and predicting costs becomes increasingly complex. Wasted cloud spend is a significant challenge for most enterprises. Flexera empowers you to build a successful FinOps practice by providing the visibility, automation and governance needed to optimize spend, allocate costs accurately and make data-driven decisions across your entire cloud estate.
Controlling cloud spend
Why is controlling cloud spend so difficult?
The speed and agility of the cloud are its greatest strengths, but they also create significant financial challenges. Complex pricing models, decentralized purchasing and a lack of visibility across multiple cloud providers make it difficult to forecast spending, plan budgets, identify waste and ensure financial accountability.
- Wasted spend: Paying for idle or over-provisioned resources is a top challenge for 84% of organizations
- Lack of visibility: Difficulty getting a unified view of spend across multiple clouds (AWS, Microsoft Azure, Google Cloud) and services
- Inaccurate cost allocation: Struggling to accurately allocate shared cloud costs back to the appropriate business units, projects or cost centers
- Inefficient resource usage: Failing to rightsize instances or terminate unused resources, leading to unnecessary expenses
- Complex commitment management: Difficulty managing and maximizing the value of Reserved Instances, Savings Plans and other commitment-based discounts
- Inform: Gain complete visibility into multi-cloud spend and accurately allocate 100% all of your costs with automated, tag-based cost allocation
- Optimize: Automate cloud cost optimization with policies that identify savings opportunities, from rightsizing resources to managing commitment-based discounts
- Operate: Implement continuous governance with automated policies, track progress against KPIs and empower teams with the data they need to make cost-conscious decisions
- Integrate: Unify your cloud cost data with the rest of your hybrid IT spend, including on-premises software and SaaS, for a complete view of technology value
Data-driven FinOps
Implement a data-driven FinOps practice with Flexera
Flexera provides a comprehensive platform to operationalize FinOps and bring financial accountability to the variable spend model of the cloud. We help you unite technology, finance and business teams with a single source of truth for your cloud data, enabling you to optimize costs and maximize business value.
Cloud financial control
The tools you need for total cloud financial control
Flexera delivers a robust set of capabilities designed to address every aspect of cloud cost management, from initial visibility to ongoing optimization and governance.
- Multi-cloud cost visibility and ingestion: Support for all major cloud providers, including AWS, Azure, Google Cloud and Oracle Cloud, plus the ability to bring in other costs for a complete view
- Automated cost allocation and showback: Accurately attribute all cloud costs to the teams and projects that incurred them
- Resource and rate optimization: Continuously identify opportunities to save money by rightsizing resources and leveraging the most effective discount instruments
- Budgeting, forecasting and anomaly detection: Set and track budgets, forecast future spend and receive alerts on unexpected cost spikes
- Cloud sustainability (carbon visibility): Gain visibility into your cloud's carbon emissions (CO2e) and identify ways to reduce both your costs and your environmental footprint
- Improve financial predictability: Reduce surprises and create more accurate cloud budgets and forecasts
- Increase business agility: Empower engineering teams to make faster, cost-conscious decisions without sacrificing speed
- Enhance cross-functional collaboration: Unite finance, IT and business teams around a common set of data and goals
- Maximize ROI on cloud investments: Ensure every dollar spent in the cloud is driving demonstrable business value
- Inform decision making with data: Use accurate cost and usage data to support decisions about workload placement, cloud migration and architecture
Beyond cost savings
Driving business agility with FinOps
A mature FinOps practice goes beyond saving money on your cloud bill. It fosters a culture of financial accountability that enables your organization to innovate faster, make smarter business decisions and maximize the value delivered by the cloud.
The Flexera advantage: A unified platform for hybrid IT value optimization
Recognized as a leader by Forrester in Cloud Cost Management and Optimization, Flexera provides a unique ability to manage your entire hybrid IT estate—from on-premises software and SaaS to public cloud infrastructure—in a single platform.
Unmatched visibility |
Powerful automation |
|---|---|
| True multi-cloud support: Get a single, consistent view across AWS, Microsoft Azure, Google Cloud and more | Policy-based governance: Utilize more than 200 out-of-the-box policies to automate optimization and governance at scale |
| Holistic spend intelligence: View cloud costs alongside on-premises and SaaS spend for a complete picture of your technology value | Seamless integrations: Connect with your entire ecosystem, including top technology vendors like AWS, Microsoft and Google |
Choose Flexera to break down the silos between ITAM and FinOps and manage the value of your entire IT portfolio.
Cloud cost optimization capabilities
Automated cost allocation
Automated cost allocation
Gain cost visibility and automatic allocation
Flexera provides visibility into spend across your multi-cloud environment and enables you to import additional costs to get a complete view of cloud spend. Tags discovered in your bill data can be used to create dimensions that automatically allocate costs in a structured way, and these correctly allocated costs enable accurate budgeting and forecasting.
Manage cloud budgets
Manage cloud budgets
Understand and optimize costs
Flexera helps you identify savings by reducing the rate you're paying for cloud resources (e.g., reserved instances, savings plans, committed use discounts) and optimizing usage (e.g., remove idle instances, rightsizing, scheduling instances). Leverage dozens of out-of-the-box policies to automate cost optimization across your hybrid IT environment.
Measure cloud optimization goals
Measure cloud optimization goals
Measure goals across IT, finance and business units
Flexera helps you define FinOps goals and set policies to automate their optimization. This enables you to track your progress against internal KPIs. Leverage out-of-the-box policies, customized existing policies, or create your own unique to your environment and needs.
Cut carbon emissions and costs
Drive smarter FinOps with auditable cloud sustainability
Get visibility at the intersection of multi-cloud usage, cost, and carbon emissions (CO2e). Cut resource waste to lower both CO2e and costs with ISO-14064 certified data for GHG Protocol reporting from Flexera partner Greenpixie. Enable green software development and operations at scale with policy-driven automation.
Was belastet Ihre Cloud?
84 %
Cloudkostenmanagement
77 %
Sicherheitspannen
75 %
Ressourcendefizit
Visibility across all technology spend
One source of truth for FinOps and ITAM teams
With Flexera, you get a comprehensive set of cloud cost optimization capabilities designed to implement FinOps processes across your entire cloud environment. Flexera supports all cloud service providers, including Azure, Google Cloud, Amazon Web Services and less common region-specific providers. Gain visibility into your cloud environment and insights to reduce spend and risk across your hybrid IT estate.
Real-world results: How Coupa gained efficiency and insight
Flexera helped us get insights on our cloud spend and be more efficient by reducing waste.
Flexera integrates with your top technology vendors
Frequently asked questions
Your cloud cost questions answered
FinOps is a cultural practice and operational framework that brings financial accountability to the variable spend model of cloud, enabling organizations to get maximum business value by helping engineering, finance and business teams to collaborate on data-driven spending decisions.
Flexera ingests billing data from your cloud providers and uses your tagging strategy to automatically allocate costs to the appropriate dimensions (e.g., teams, projects, cost centers), providing accurate showback and chargeback.
Flexera provides a wide range of recommendations, including identifying idle resources for termination, rightsizing over-provisioned instances and purchasing or modifying Reserved Instances and Savings Plans to maximize discount coverage.
Yes, a key strength of Flexera is its ability to provide a single, normalized view across multiple public clouds (AWS, Microsoft Azure, GCP, etc.) and integrate that data with your on-premises and SaaS spend for a true hybrid IT view.
There is a direct link between cloud consumption and carbon emissions. By optimizing your cloud usage and eliminating wasted resources, you not only reduce your costs but lower your environmental footprint. Flexera provides visibility into your cloud's carbon emissions to help you achieve both goals.
Industry insights to help keep you informed
Informing IT, Transforming IT
Ready to take control of your cloud spend?
Transform your cloud cost management from a reactive challenge into a strategic advantage. Our team is standing by to discuss your requirements and demonstrate how Flexera can help you build a successful FinOps practice.