
Overview

Product video
Flexera's Cloud Cost Optimization offers a unique approach to cloud cost management and optimization. Powerful tools enable cloud governance teams to work collaboratively with business units and cloud resource owners to reduce wasted spend.
Cloud cost management can be challenging across large organizations where accounts may be decentralized. Cloud Cost Optimization from Flexera is a cloud cost management and optimization solution that enables enterprises to cut cloud costs and ensure the efficient use of cloud resources across all your business units, cloud accounts, and applications.
Highlights
- Collaborate across the enterprise - Identify instant savings opportunities for a single team or your entire enterprise with smart cost optimization recommendations and collaborate to take action.
- Optimize your spend by reducing waste - The variable cost model of cloud computing introduces significant opportunities for savings, but also requires some new approaches to minimize waste and optimize your spend. Users can often overprovision capacity or forget to de-provision temporary resources.
- Analyze and allocate all your cloud costs Optima provides visibility into cloud usage and costs for all your cloud accounts. Allocate costs for chargeback and showback. Dive deep into costs by application, department, or team.
Details
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Pricing
Dimension | Description | Cost/12 months |
|---|---|---|
Percent of Monthly Spend | No Upfront Payment. $1,000 USD Minimum Charge | $0.00 |
Fixed Annual Cost | For organizations with $125,000 USD of monthly AWS Spend | $40,681.00 |
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Delivery details
Software as a Service (SaaS)
SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.
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Customer reviews
Identified unused licenses and now monitor cloud costs centrally while needing better chat-based insights
What is our primary use case?
Flexera Cloud Cost Management addresses the main challenge that every company or organization has different licensing tools, and there are often employees who are not utilizing those licenses, leading companies to pay for unused licenses. Organizations want to monitor licenses so they can be well-planned for upcoming financial years regarding licensing and can manage their licensing well ahead of time.
I utilize Flexera One API to track and monitor license usage, which includes a built-in API integrated with the company where all licensing is managed. This way, I monitor the API cost and licensing for the particular organization.
Every organization uses licensing; for example, AWS , Udemy, and other study programs are assigned to employees. By utilizing Flexera API or Flexera features, it becomes evident to the company how many employees are utilizing those resources, and if someone is utilizing resources beyond the limit, it will be tracked and provide the organization with a flag about those resources. There is a great opportunity for this in the future with AI, where usage of AI models that every organization provides to build applications can be monitored.
What is most valuable?
Flexera Cloud Cost Management offers several best features, including a unified interface where I can monitor cost and licensing, and it is easy to plug in with simple plug-in options to check the cost and manage a well-managed dashboard that even a non-technical person can review and take action on.
Flexera Cloud Cost Management has positively impacted my organization regarding resource and licensing management. My organization utilizes AWS , Azure , and Google GCP, and by using Flexera API, I learned that the utilization of these resources goes beyond the limit, with some resources utilizing above the threshold. This has helped my organization manage resources and improve licensing while reducing overhead costs by 20% to 30%.
The reduction in overhead costs of 20% to 30% is mainly due to identifying unused licenses and monitoring thresholds where users are utilizing licenses beyond the limit. Flexera API provides notifications about resources over-utilizing licenses.
What needs improvement?
Flexera Cloud Cost Management can be improved by developing a normal chat interface or application where non-technical users do not have to navigate through Flexera API application or website. A chatbot integrated behind the scenes could allow users to ask questions about license management and receive metrics in charts or visual formats. Using AI in this process could create a significant impact, combining both AI utilization and license management into a single solution.
I would suggest that Flexera build a solution specific to particular organizations, as I am working with IBM. A well-oriented, UI-specific application for IBM could be shown to stakeholders to demonstrate improved license management through Flexera solutions.
For how long have I used the solution?
I have been working in my current field for about three years.
What do I think about the stability of the solution?
Flexera Cloud Cost Management is stable.
How are customer service and support?
The customer support from Flexera team has been great, helping my organization integrate and utilize Flexera effectively.
Which solution did I use previously and why did I switch?
Before using Flexera Cloud Cost Management, my organization had not utilized any solution for license management, but I learned about Flexera through some partners, and it helped my organization make a significant impact.
What was our ROI?
Flexera Cloud Cost Management has helped my organization save money by 20% to 30%, as previously mentioned. I can efficiently manage licenses before assigning them to new employees or those who truly need them, significantly improving license management and allowing all pertinent data on licensing utilization to be seen on a single dashboard.
What's my experience with pricing, setup cost, and licensing?
I do not have detailed pricing for Flexera Cloud Cost Management because I explored Flexera for my licensing management and was not in charge of the costs.
Which other solutions did I evaluate?
I evaluated other options before choosing Flexera Cloud Cost Management, but I do not have specifics on those at this time.
What other advice do I have?
I chose Flexera Cloud Cost Management for license management because it stood out by helping my organization with licensing management. The overall dashboard and graph representation helped management improve oversight on licenses that previously had not been considered, especially with the utilization of Microsoft applications.
I utilize Flexera Cloud Cost Management in a hybrid cloud environment and primarily use AWS cloud provider with Flexera Cloud Cost Management. I purchased Flexera Cloud Cost Management through AWS Marketplace .
I advise others to utilize Flexera Cloud Cost Management as it is an excellent tool and application for managing licensing. It provides a well-defined dashboard showing metrics and utilization across applications within the organization, effectively managing licenses without needing different vendors or partners. Flexera Cloud Cost Management is a great product for every organization, aiding in effective license management and providing a good overview of licenses.
This interaction was good and elaborative in helping me understand the concepts about Flexera Cloud Cost Management. I would rate this experience a 3.
Which deployment model are you using for this solution?
If public cloud, private cloud, or hybrid cloud, which cloud provider do you use?
Great tool
I have used other tools as well but flexera is most suitable for me.