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CloudForecast VS AWS Budgets

Compare CloudForecast VS AWS Budgets and see what are their differences

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Contents:
  1. » Base Details
  2. » Reviews
  3. » Alternatives

CloudForecast logo CloudForecast

CloudForecast is an affordable and easy to use AWS cost and usage reporting tool that saves you time and money. Check the status of your AWS cost and usage in less than two minutes.

AWS Budgets logo AWS Budgets

Cloud Cost Management
  • CloudForecast Landing page
    Landing page //
    2023-08-24

We're building an alternative cloud budget management software at 1/10th of the price. You work hard for your margins. There's no reason that you should give up 4-8% of your server costs and yearly contracts to a company that only provides budget planning and forecasting. In addition, you are also probably only using 20% of the feature suites with other tools.

CloudForecast's simple daily AWS cost report provides reassurance that things look normal and notifies teams of any anomalies with AWS spend. The report helps engineering teams and financial stakeholders improve AWS cost awareness for time and cost savings.

We provide multiple channels to deliver our cost reports to your team: email, Slack, PagerDuty or Opsgenie. Encourage collaboration and discussion around your AWS cost with various stakeholders in your organization.

  • AWS Budgets Landing page
    Landing page //
    2022-01-31

CloudForecast features and specs

  • Cost Management
    CloudForecast provides tools for tracking and managing AWS spending, helping businesses stay within budget and avoid unexpected costs.
  • Ease of Use
    The user interface is straightforward and designed to be user-friendly, making it accessible for teams without extensive technical expertise.
  • Custom Alerts
    Users can set up custom alerts for different AWS spending scenarios, allowing quick responses to any unusual spending patterns.
  • Integration Capabilities
    CloudForecast integrates well with communication tools like Slack and other reporting systems, enabling seamless information sharing.
  • Detailed Reporting
    The platform offers detailed reports and insights into AWS costs, helping users understand spending trends and areas for optimization.

Possible disadvantages of CloudForecast

  • AWS Focused
    CloudForecast is specifically tailored for AWS, which may not be suitable for organizations using other cloud providers like Azure or Google Cloud.
  • Limited Advanced Features
    Some advanced cost management features available in other platforms may be limited in CloudForecast, potentially reducing its utility for some power users.
  • Pricing
    The platform's pricing might be a concern for smaller businesses or startups with limited budgets, as it might not always provide the most cost-effective solution.
  • Dependency on AWS Cost Explorer
    CloudForecast relies on AWS Cost Explorer for some data, which might limit its usefulness if there are issues or limitations with AWS's own tooling.

AWS Budgets features and specs

  • Cost Management
    AWS Budgets helps users effectively manage their AWS spending by setting custom cost and usage limits, potentially avoiding unexpected charges.
  • Custom Alerts
    Users can configure alerts to notify them when their spending exceeds the preset budget limit, facilitating proactive cost management.
  • Integration with AWS Services
    AWS Budgets integrates seamlessly with other AWS services, like AWS Cost Explorer and AWS Cost and Usage Reports, for comprehensive financial management.
  • Flexibility
    Offers flexibility in setting up budgets based on various metrics, including cost, usage, and reserved instance coverage, enhancing tailored budgeting.
  • Forecasting Features
    Provides forecasting features based on historical data, helping users predict future spending and adjust their budgets accordingly.

Possible disadvantages of AWS Budgets

  • Complexity
    Initial setup and configuration can be complex, especially for users unfamiliar with AWS's detailed billing and cost categories.
  • Potential Delays
    There can be delays in receiving budget alerts, which might affect real-time cost management and quick remediation steps.
  • Learning Curve
    Users may experience a steep learning curve, as they need to understand AWS terminology and billing nuances to fully leverage AWS Budgets.
  • Cost
    While AWS Budgets has a free tier, using it extensively could incur additional costs, impacting overall budget, especially for smaller organizations.

Category Popularity

0-100% (relative to CloudForecast and AWS Budgets)

CloudForecast

AWS Budgets

Monitoring Tools
28 28%
Monitoring Tools
72% 72
Cloud Computing
100 100%
Cloud Computing
0% 0
Log Management
0 0%
Log Management
100% 100
DevOps Tools
100 100%
DevOps Tools
0% 0

User comments

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Social recommendations and mentions

Based on our record, AWS Budgets seems to be more popular. It has been mentiond 5 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.

CloudForecast mentions (0)

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

AWS Budgets mentions (5)

  • AWS Cost Optimization Tools
    AWS Budgets: This service allows you to set custom budgets for your AWS costs and receive alerts when your costs exceed your budgeted amount. Source: over 2 years ago
  • Using a credit card that's not mine to log in
    You might be better off trying to get a prepaid visa card (or similar) and set your account up with that. And definitely create budget alerts so you'll get an email as soon as your bill goes over a dollar (or whatever limit you choose). Source: over 2 years ago
  • Introducing superwerker
    Automated billing and budget setup with alerts for increased usage. - Source: dev.to / about 3 years ago
  • User racked up $45,000 in AWS charges due to a cryptominer hacking their account
    AWS allows configuring cost alerts via AWS Budgets service. https://aws.amazon.com/aws-cost-management/aws-budgets/. - Source: Hacker News / over 3 years ago
  • 8 best practices to reduce your AWS bill for Kubernetes
    AWS Budgets – Use this handy tool to set custom budgets and track your costs/usage for different use cases. You can set an alert for when the actual or forecasted cost goes over your budget threshold. The tool can also alert you when your actual Reserved instances or Savings Plan utilization/coverage drops below the threshold you’ve set for it. - Source: dev.to / about 4 years ago

What are some alternatives?

When comparing CloudForecast and AWS Budgets, you can also consider the following products

Cloudability - Cloudability lets you monitor, manage and communicate your cloud costs with one easy tool.

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

CloudCheckr - CloudCheckr provides security, cost and usage reporting and analytics to help users manage their AWS deployment.

AWS Cost Explorer - Cloud Cost Management

VMware Tanzu CloudHealth - CloudHealth is IT service management for the cloud, enabling policy driven cost, utilization, performance and security optimization.

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

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