Cost Management

basic
financial
Enhanced Content

Definition

Tools and practices for monitoring, analyzing, and optimizing cloud spending to prevent budget overruns and identify cost-saving opportunities.

Real-World Example

Cost Management alerts you when your cloud bill exceeds $500 and suggests switching to cheaper storage options for old files.

Cloud Provider Equivalencies

All major clouds provide cost visibility (reports/dashboards), forecasting, budgets and alerts, and optimization recommendations. AWS groups these across Cost Explorer and Budgets; Azure centralizes them in Cost Management + Billing; GCP uses Billing reports with Budgets/alerts and Recommender; OCI provides Cost Analysis with Budgets and detailed usage reports.

AWS
AWS Cost Explorer; AWS Budgets; AWS Billing and Cost Management
AZ
Microsoft Cost Management + Billing (includes Cost Management)
GCP
Google Cloud Billing reports; Budgets & alerts; Recommender (cost insights)
OCI
OCI Cost Analysis; Budgets; Usage Reports

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