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Home > Cloud Computing > CloudZero introduces a new feature, Budgets

CloudZero introduces a new feature, Budgets

CloudZero announced CloudZero Budgets, allowing organizations to innovate while controlling their cloud spending.


Erdem Yasar Erdem Yasar
January 27, 2022
1 min read
CloudZero introduces a new feature, Budgets

Cloud cost intelligence provider, CloudZero introduced CloudZero Budgets. The new feature allows organizations to control their cloud costs. It also provides real-time visibility into different business units’ costs and budgetary forecasts.

Generally available in February

The new addition to the company’s capabilities focuses on providing cloud cost intelligence, allowing users to make better decisions while building, operating, and packaging cloud-based products. The new service is now available for select customers and will be generally available in February 2022.

Phil Pergola, CEO of CloudZero
Phil Pergola, CEO of CloudZero

CloudZero Budgets is built on top of the company’s code-driven cost allocation method, Dimensions, which enables users to organize cloud spending according to business-specific metrics, allowing them to set budgets for custom groups. It also provides regular Slack updates to engineering teams, informing them about their performance compared to their budget and cost anomaly alerts such as unexpected spikes and trends. Phil Pergola, CEO of CloudZero said,

« At most cloud-driven organizations, engineering builds products, finance gets the bill, then they both have to figure out what they’re spending and why. That’s especially challenging because cost data is not written in the business language that finance understands. CloudZero Budgets gives everyone continuous, granular visibility into exactly where their cloud spend stands. Rather than tracking budgets for cloud services, we’re showing them how much a single feature costs, which gives every team a shared language and understanding. »

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Tags: CloudZero
Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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