Densify Releases New Cloud Cost Intelligence Product

New Analytics & Reporting Tool Helps IT Finance Teams Gain Quick Insights & Control Their Cloud Spend

Toronto, Ontario – August 22, 2019 – Densify, the leader in the Cloud Resource Management software market, today announced the release of a new Cloud Cost Intelligence product, which is focused on delivering value to IT Finance, and Central IT professionals interested in understanding and managing the details associated with their cloud spend. Densify’s Cloud Cost Intelligence helps companies optimize their efficiency, improve visibility, and limit wasted cloud.

Densify’s new Cloud Cost Intelligence module gives IT Finance teams the ability to view details about their current and historical spend—including regular usage, discounted usage, taxes, Reserved Instance fees, refunds and credits—in graphical and tabular dashboards. Users can dynamically break down costs such as Charge Type, Accounts, Region, and Service, as well as custom AWS Tags. They can also view cloud billing data over time (daily, weekly, monthly, quarterly, yearly) and specify the range of the history they want to investigate. Furthermore, advanced filtering of results enables users to narrow their focus to particular accounts, business units, or application spending patterns.

“Companies waste millions of dollars each month by over-spending on cloud services,” said Gerry Smith, CEO, Densify. “Densify is committed to empowering companies to purchase the correct cloud resources, and with this new Cloud Cost Intelligence product, users can slice and dice the data to quickly and easily gain the exact information they need and make smarter decisions.”

The Cloud Cost Intelligence dashboards support navigation of spending patterns, detection and highlighting of outliers in spending, and provides an understanding of RI Utilization while highlighting underutilized RI subscriptions. Numerous preloaded views and reports are included along with the ability to save new, commonly used, and favorite reports, providing quick access to information that is organized and filtered to users’ preferences. Results can be exported in multiple formats including PDF, Excel and CSV, supporting distribution to key stakeholders in the organization.

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