Economize

Economize is a cloud cost management tool designed to help organizations optimize their cloud expenses by providing comprehensive insights and actionable recommendations. It supports businesses in understanding and controlling their cloud costs, enabling informed decisions about resource allocation and cost optimization.

Key features of Economize include cost allocation, which allows for precise distribution of cloud costs across different departments or teams, and real-time cost visibility, providing up-to-date information on cloud spending. The app also offers automated tagging to streamline cost attribution and financial planning & forecasting tools, leveraging historical data to predict future usage patterns. Additionally, Economize includes anomaly detection to identify unexpected cost spikes and discount management to optimize commitment-based discounts like Reserved Instances or Savings Plans.

By integrating these capabilities, Economize helps businesses manage cloud resources more efficiently, aligning cloud spending with strategic business objectives. It supports multi-cloud environments, offering a unified platform for managing costs across various cloud providers. Economize is designed to enhance financial accountability and operational efficiency, making it a valuable tool for organizations seeking to optimize their cloud infrastructure costs effectively.