Cost Monitoring
As a Tech Lead, managing cloud costs while scaling your infrastructure can be challenging. At iamops, we leverage our expertise as an AWS Advanced Consulting Partner to help you maintain control over your cloud budget.
Our FinOps Cost Monitoring service offers continuous, real-time monitoring and customized reporting of your cloud spending. With full visibility into your cloud costs, you’ll be empowered to make data-driven decisions, optimize resource usage, and avoid budget overruns—ensuring efficient growth.
Our dedicated FinOps team helps you act quickly to prevent costly surprises, giving you peace of mind as your cloud environment evolves.
How Cost Monitoring Works
1
Real-Time
Monitoring
Our FinOps solution delivers continuous, real-time monitoring of your cloud usage and spending, fully tailored to your business needs. We customize the data views and tracking metrics that matter most to you, ensuring you have instant visibility into key cost drivers, allowing for proactive adjustments to optimize your budget.
Examples:
- Monitor total cloud spending in real-time to ensure your usage stays within pre-defined budget limits.
- Set up real-time monitoring for high-demand services like EC2 instances, Lambda functions, storage, data transfer, and databases to keep costs under control.
- Track cloud usage across multiple accounts, tailored to specific teams or business units, for a comprehensive view of resource consumption.
- Monitor storage costs for dynamically growing datasets, ensuring you only pay for what you need.
- Configure monitoring to prioritize key business KPIs, such as cost per user or cost per transaction, based on your organizational goals.
2
Detailed
Cost Breakdown
Get a customized breakdown of your cloud expenses by service, department, project, or resource—aligned with your business priorities. This tailored approach helps you pinpoint inefficiencies, allocate resources effectively, and ensure every part of your cloud infrastructure is optimized for cost efficiency.
Examples:
- Break down costs by individual projects or product lines, giving clear visibility into each initiative’s cloud spend.
- Allocate cloud expenses to specific teams or departments to track who is consuming which resources.
- Customize reporting to see cost breakdowns for specific services, such as S3 storage vs. EKS clusters.
- Analyze costs by environment, comparing dev, staging, and production usage to avoid unnecessary overhead.
- Identify cost increment patterns across service groups or regions, allowing you to optimize resource allocation, adjust workloads, or shift to more cost-efficient regions.
3
Alerts &
Automated Reports
Our intelligent alerts system is designed around your specific usage patterns and budget thresholds, notifying you immediately of any unusual cost spikes. We also provide automated, customized reports with insights and trends relevant to your operations, empowering you to make informed, data-driven decisions that align with your unique business goals.
Examples:
- Set up alerts to flag sudden spikes in compute or data transfer costs during peak periods.
- Get notified when cloud spend exceeds pre-defined monthly or quarterly budget limits.
- Customize alerts for specific services, like notifying your team when EC2 instance usage exceeds expected limits.
- Automatically generate reports showing cost efficiency trends, highlighting areas where savings could be made.
- Receive detailed usage and cost reports for leadership, customized to focus on key metrics like cost-per-transaction or cost-per-user.
Benefit of Cost Monitoring
Full Visibility into Cloud Costs
IAMOPS provides real-time, customized dashboards, offering complete transparency into your cloud spending. This ensures you always know where your resources are going, empowering you to track the metrics that are most important to your business.
Proactive Cost Control
With personalized alerts and thresholds, you'll receive immediate notifications of cost anomalies or budget overages. This proactive approach allows you to address potential overspending before it escalates, keeping your cloud costs in check.
Optimized Resource Allocation
By aligning your cloud spending with your business needs, we help you ensure that resources are allocated to high-priority projects, maximizing both performance and cost-efficiency. This prevents overspending in areas with low return on investment.
Organized Financial Accounting and Analysis
IAMOPS solution provides automated financial reporting and in-depth cost analysis, helping you streamline cloud expense tracking. This enables your finance and operations teams to easily integrate cloud costs into overall financial planning, improving budgeting and forecasting accuracy.
Our success stories
