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IBM Cloudability Feature
Budgets and Forecasts
Accurately predict your cloud spend and stay on budget
Setting budgets and forecasting IT spend is a well-established practice. Yet when it comes to the cloud, it’s not so simple. Thousands of resources make up cloud infrastructure and it’s constantly changing. When applications use more instances than needed or unused instances are left running, the business is left with a larger than expected cloud bill and feeling like they’ve lost control of the cloud budget.
Traditional forecasting methods can’t keep up in today’s hybrid, fast-paced tech environments. Intelligent Forecasting uses multi-model analysis powered by IBM watsonx to automatically generate forecasts and detect anomalies, enabling you to spend less time wrestling with data and more time making informed decisions.
Keep your cloud spend on track by setting budgets
With IBM Cloudability, you can define a set of accounts and services that map to your organizational and financial reporting structure through Views. You are able to allocate multiple budgets per View and review your budgets across all of your cloud providers through a single pane of glass.
Accurately track current spending trends
Every day you can track how you are trending to make sure you stay on budget. With current month-to-date analysis, you get an accurate view of the current month against your budget and previous months’ trends. Now you can identify your biggest spend drivers, how they compare to the previous month and approximately when you’re projected to exceed your budget for the month.
Complex data science models help predict future spend
Our intelligent forecasting engine uses billions of dollars of historical spending patterns to inform multiple dynamic and responsive watsonx AI models to generate your forecasts. Because you know your business better than anyone else, we also provide you with simple tools to choose the most appropriate models, control the inputs, and enable your teams to easily digest the outputs.
Proactively monitor your budgets
You can subscribe to notifications to be alerted, at an interval of your choosing, when you are on track to exceed your budget or have already exceeded your budget in the current month.
See IBM Cloudability Features in Action
Contact us to start a free trial and explore Cloudability’s full feature set.
Cloudability features
With IBM Cloudability, FinOps teams from finance to engineering to product and organizational leadership can all work together to maximize the value of their cloud spend. Cloudability’s robust features address fundamental FinOps domains and capabilities.
Complete ownership and visibility
Gain complete ownership and visibility across all cloud and AI spend through a single pane of glass, 100% cost allocation, and personalized views that give every team a clear understanding of what they own.
Confidence to scale and invest
Scale cloud and AI investments with confidence, guided by unit economics, accurate forecasting, and proactive budget and anomaly alerts that surface risk early and enable innovation without losing financial control.
Unmatched cost efficiency
Make every cloud dollar work harder with automation, insights, and proactive governance that continuously reduce waste, improve commitment effectiveness, and sustain cost efficiency as environments evolve.
