ServiceNow® Cloud Cost Management helps enterprises optimize cloud spend by offering visibility and control over cloud usage and expenses, aiming to reduce the 30% waste in cloud spend due to inefficiency. It integrates cloud resources with FinOps practices, providing actionable recommendations and automated workflows for cost optimization, including compute, storage, and databases. The platform supports budget management, forecasts spending trends, and enhances accountability with showback and chargeback reporting. Its integration with ITSM, Risk Management, and Security Operations elevates FinOps to an enterprise level, promoting financial excellence in cloud management.

Join for free to read