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AWS Cost Explorer VS LogicMonitor

Compare AWS Cost Explorer VS LogicMonitor and see what are their differences

AWS Cost Explorer logo AWS Cost Explorer

Cloud Cost Management

LogicMonitor logo LogicMonitor

LogicMonitor is the SaaS performance monitoring platform for the world's best IT teams. Deploy Fast, Monitor More, Improve Ops.
  • AWS Cost Explorer Landing page
    Landing page //
    2022-01-31
  • LogicMonitor Landing page
    Landing page //
    2023-10-18

AWS Cost Explorer features and specs

  • User-Friendly Interface
    AWS Cost Explorer provides a visually appealing and intuitive interface, making it easier for users to navigate and understand their cost and usage data.
  • Detailed Cost Analysis
    It offers extensive filtering and grouping options, allowing users to perform a detailed analysis of costs by service, linked account, or even tags.
  • Custom Reports
    Users can create custom reports to meet their specific needs, such as tracking monthly cost trends or predicting future costs based on historical data.
  • Cost Allocation
    The tool supports cost allocation tags, enabling users to allocate costs to different departments, projects, or other business units, facilitating more accurate budgeting.
  • Forecasting
    AWS Cost Explorer includes predictive features, allowing users to forecast future costs and usage based on historical data, which aids in proactive budget management.
  • Integration
    It integrates well with other AWS tools and services, providing a more cohesive experience for managing and analyzing AWS costs.

Possible disadvantages of AWS Cost Explorer

  • Complexity for Beginners
    The detailed features and options might be overwhelming for beginners who are not familiar with cloud cost management.
  • Cost
    While some features of AWS Cost Explorer are free, advanced capabilities and detailed reports could incur additional costs, which might be a concern for small businesses or startups.
  • Limitations in Customization
    Some users have reported limitations in the customization of certain reports and dashboards, restricting their ability to tailor the tool to their exact needs.
  • Data Latency
    There can be a delay in data processing, meaning the most current usage and cost data might not be immediately available for analysis.
  • Learning Curve
    Despite having a user-friendly interface, there is still a significant learning curve to fully utilize all the features and insights AWS Cost Explorer offers.
  • Limited Non-AWS Integration
    The tool primarily focuses on AWS services and might have limited integration or visibility into costs associated with non-AWS services.

LogicMonitor features and specs

  • Comprehensive Monitoring
    LogicMonitor provides end-to-end IT infrastructure monitoring, including servers, networks, applications, and cloud services, ensuring holistic visibility.
  • Scalability
    Designed to handle both small and large enterprises, LogicMonitor can scale effortlessly with the growth of an organization’s IT infrastructure.
  • Ease of Deployment
    The platform is known for its quick setup process, allowing businesses to deploy and gain insights rapidly without significant downtime.
  • Customizable Dashboards
    Offers highly customizable dashboards that allow users to visualize data and metrics in a manner that suits their specific needs.
  • Automated Discovery
    Automatically discovers devices and applications within the network, significantly reducing the manual effort required for setup.
  • Third-party Integrations
    Supports numerous third-party integrations, enhancing its capabilities and making it easier to fit into an existing tech ecosystem.
  • Real-time Alerting
    Features real-time alerting mechanisms that help IT teams respond swiftly to potential issues, minimizing downtime and disruption.
  • Cloud and Hybrid Environment Support
    Offers robust support for cloud-based and hybrid environments, making it suitable for modern infrastructures that leverage diverse technologies.

Possible disadvantages of LogicMonitor

  • Cost
    Potentially high costs can be prohibitive for smaller organizations, particularly when additional features or large-scale deployments are involved.
  • Complexity
    Although powerful, the platform can be complex and may require a steep learning curve for users not familiar with advanced monitoring tools.
  • Resource Intensive
    The software can be resource-intensive, potentially necessitating additional hardware or computing resources to operate efficiently.
  • Customization Limitations
    Despite offering customization, certain areas may feel limited, especially for organizations with highly specific monitoring needs.
  • Dependency on Internet Connectivity
    Being a SaaS solution, LogicMonitor requires a reliable internet connection; any disruptions in connectivity can impact monitoring capabilities.
  • Alert Spam
    Without proper configuration, users might experience alert fatigue due to an overwhelming number of notifications.
  • Support Limitations
    While support is generally strong, some users report delays or less than satisfactory resolutions during peak times or with complex issues.

Analysis of AWS Cost Explorer

Overall verdict

  • Overall, AWS Cost Explorer is a good tool for organizations looking to monitor and manage their AWS expenses effectively. Its user-friendly interface and robust analysis capabilities make it a valuable asset in the financial planning and budgeting processes of cloud operations.

Why this product is good

  • AWS Cost Explorer is a useful tool for managing and optimizing cloud expenses. It provides detailed insights into your AWS spending patterns, allowing users to identify cost-saving opportunities. With a variety of visualizations, including graphs and charts, users can understand costs at a high level or drill down into specific services. The tool supports tag-based grouping to view costs in various dimensions, and forecasts future spending based on historical data.

Recommended for

  • Cloud practitioners looking to monitor AWS expenses
  • Finance teams seeking to optimize cloud spending
  • Organizations using multiple AWS services who need detailed cost breakdowns
  • Users who want to forecast and budget their AWS costs
  • Teams interested in identifying patterns and trends in their cloud usage

Analysis of LogicMonitor

Overall verdict

  • Yes, LogicMonitor is generally considered a good monitoring solution.

Why this product is good

  • LogicMonitor is praised for its comprehensive monitoring capabilities, ease of use, and scalability. It supports a wide range of technologies and offers robust reporting and alerting features. Users appreciate its cloud-based nature, which allows for quick deployment and minimal maintenance.

Recommended for

  • IT teams looking for a scalable, cloud-based monitoring solution.
  • Organizations seeking a tool with strong reporting and alerting capabilities.
  • Businesses that need to monitor a wide array of technologies and devices.

AWS Cost Explorer videos

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LogicMonitor videos

An Introduction to LogicMonitor

More videos:

  • Review - Step Inside LogicMonitor [OUTDATED 2/4/20]
  • Review - Ted Baker Customer Fireside Chat | LogicMonitor Level Up Event June 2019

Category Popularity

0-100% (relative to AWS Cost Explorer and LogicMonitor)
Monitoring Tools
18 18%
82% 82
Log Management
18 18%
82% 82
Project Management
100 100%
0% 0
Performance Monitoring
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare AWS Cost Explorer and LogicMonitor

AWS Cost Explorer Reviews

35+ Of The Best CI/CD Tools: Organized By Category
AWS cost explorer gives you easy-to-understand visual tools to help you analyze and manage your AWS costs. You can sort and group your figures according to usage type and tags. Results can be viewed daily or grouped by month.

LogicMonitor Reviews

Top 10 PRTG Alternatives for Monitoring Networks and IT Infrastructure
If you’re not looking to be overwhelmed with network alerts, consider using LogicMonitor to automatically identify and take action for the most important alerts with 90% less noise.
7 Best Containerization Software Solutions of 2022
LogicMonitor’s dynamic topology mapping feature provides an at-a-glance view of your entire infrastructure, including networks, servers, containers, and more.
Source: techgumb.com
8 Dynatrace Alternatives to Consider in 2021
LogicMonitor is a massive proponent of hybrid IT. It is extensible and secure infrastructure monitoring on a single platform. With over 2,000 integrations available, it is a powerful package with many features that support configuration monitoring and AIOps early warning systems.
Source: scoutapm.com
Best New Relic Alternatives for Application Performance Monitoring (Cloud & SaaS)
Their Auto-Discover feature scans your systems and pulls data and information into easy to read graphs and data points that help you manage and monitor pain points. LogicMonitor helps you be more proactive about monitoring mission critical systems and lets you look at historical data to plan for future growth and capacity planning.
15 Best IT Monitoring Tools and Software
LogicMonitor offers monitoring templates and frequently expands to include new features that increase its functionality.
Source: blog.inedo.com

Social recommendations and mentions

Based on our record, AWS Cost Explorer seems to be more popular. It has been mentiond 22 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

AWS Cost Explorer mentions (22)

  • Starters Guide: End-to-End Guide to Building with LLMs on SageMaker
    Cost Management: Set billing alerts and monitor usage with tools like AWS Cost Explorer. - Source: dev.to / 4 months ago
  • Optimizing Costs in the Cloud: Embracing a FinOps Mindset
    When managing your cloud finances, following a budget plan is crucial to ensure you spend your money wisely. Utilize tools such as AWS Cost Explorer or third-party services such as Anodot to gain insights into your spending patterns, focusing on the costs associated with each team or service. - Source: dev.to / about 1 year ago
  • A beginner's guide to AWS Best Practices
    Get comfortable with using Cost Explorer - when costs spike it's important to understand how to drill down into costs. - Source: dev.to / over 1 year ago
  • IPV6 Migration Guide for Developers using AWS EC2 -- A Primer
    Once the EC2 migration is complete, review IPV4 address usage using VPC IP Address Manager And AWS Billing Cost Explorer (group By API to see EC2 networking costs). - Source: dev.to / over 1 year ago
  • API Update: Enterprise Level Tier for Large Scale Applications
    AWS quite literally has a Cost Explorer service , several articles on how to reduce costs, and support tiers that literally include working with Amazon on usage guidance. Source: about 2 years ago
View more

LogicMonitor mentions (0)

We have not tracked any mentions of LogicMonitor yet. Tracking of LogicMonitor recommendations started around Mar 2021.

What are some alternatives?

When comparing AWS Cost Explorer and LogicMonitor, you can also consider the following products

Amazon CloudWatch - Amazon CloudWatch is a monitoring service for AWS cloud resources and the applications you run on AWS.

Dynatrace - Cloud-based quality testing, performance monitoring and analytics for mobile apps and websites. Get started with Keynote today!

AWS Budgets - Cloud Cost Management

Datadog - See metrics from all of your apps, tools & services in one place with Datadog's cloud monitoring as a service solution. Try it for free.

Azure Cost Management - Monitor, allocate, and optimize cloud costs with transparency, accuracy, and efficiency using Azure Cost Management.

Zabbix - Track, record, alert and visualize performance and availability of IT resources