Top 15 Google Cloud Platform Cost Optimization Tools

Priya Bawa

She has started her career as a Content Writer and writes on blogs related to career.

Google Cloud Platform (GCP) cost control can be difficult. It's similar to the expenses of Azure or AWS. When organizations get 20-page invoices, they sometimes don't realize where to start.
GCP billing features may be strange to people coming from another cloud provider. However, the platform's expense monitoring and billing capabilities are still being simplified. Google Accounts cost optimization tools, on the other hand, may not deliver the regularity, precision, and practical cloud cost knowledge you want.
To more confidently monitor, control, and optimize your GCP expenses, you may need to acquire an external cost optimization solution.
In this post, we'll go through the best GCP cost optimization tools you can use right immediately, ranging from GCP-native to multi-cloud technologies. Boost your Skills by learning: Digital Marketing
Table of Content:
1) Native Cost Management Solutions
2) Recommender - a tool that identifies cost-cutting opportunities
3) Google Cloud billing statements
4) Ternary
5) CloudHealth
6) Pricing Calculator for GCP
7) AWS Cost Explorer
8) Google Looker - Hybrid cloud cost management
9) NetApp's Spot
10) Harness Cloud Cost Management
11) Azure Cost Management
12) Apptio Cloudability
13) Kubecost
14) Densify
15) Turbonomic
Native Cost Management Solutions:
GCP provides roughly a dozen cost-management solutions.

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Cloud Console provides access to the tools. Cloud Billing Reports and Cost Tables are the two primary cost-related sections in the Cloud Console.
Cloud Billing Reports allow you to see a preview of your use expenses, allowing you to discover and evaluate resource consumption patterns. Charts may help you simplify and see which goods and places made the most to overall spending. However, your organizational system, which shows tasks, files, or tags, may also help you control expenditures.
A Cost Table report, on the other hand, gives a more detailed, tabular breakdown for each invoicing month. The Cost Table displays the amount of your statement, essentially reconciling your invoice. You may better comprehend the cost by automatically sorting, filtering, and combining the various line items. To leverage additional cost-cutting technologies in GCP, export your billing data to BigQuery or CSV and then fetch the data from there. Then you may choose between GCP's Data Studio and a more granular option. Without the need for an external tool, you'd have to mark or tag items so you could find them later.

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Recommender - a tool that identifies cost-cutting opportunities:
You may use the Google Cloud platform to access the gratis Recommender service. It implies the possibility of making non-demanding enhancements, such as security and access, along with consumption and prices.
This application tracks your activities in the console, how you configure and utilize cloud services, and recommends cost-cutting measures using machine learning algorithms. The Recommender might point out superfluous resources or badly designed virtual machines that use more power than needed, wasting money. This saves money without losing performance. The Recommender also suggests promotional deals that your project qualifies.
Google Cloud billing statements:
Another important built-in feature that customers may get from the Google Cloud Console is Cloud Billing reports. Through a variety of user-friendly reports, this billing analysis tool gives insight into cost history, cost drivers, cost trends, and cost projections. Let's go over the six billing report reporting methods and what can be accomplished with them.
  • To obtain specific price quotes on SKU prices against chosen billing accounts, use the pricing table report.
  • CUD refers to committed use discounts, tests should be performed are used to evaluate the impact of CUDs, find further savings potential, depict the commitment's efficacy, and more.
Users may utilize these detailed analytics to discover items or places that contribute the most to Google cloud expenses and control spending by project, folders, and label.

Read More:
1. Difference Between GCP and AWS
2. What is Cloud Storage? Explanation, Types, Advantages And Disadvantages

It is a cost-cutting tool for native Google Cloud services: Ternary established its platform on Google Cloud for GCP users, providing visibility and cost optimization advice for GCP computing, Dataflow, storage, Dataproc, Kubernetes, and BigQuery, services.
Workflows make it simple to delegate to improve productivity, monitor their progress, and comment on irregularities. You may take advantage of and optimize one- and due tot across supported Google Cloud Services using tools like Committed Use Discount Optimizer.
Additional features, such as Sustained Use Discounts and existing commitments, aid in modeling, allowing you to construct more detailed representations of your commitment portfolio in GCP.
It VMware is a service that checks the health of a cloud-based architecture. It is a cloud cost management software that concentrates on governance specifically in the cloud cost management arena. Cloudhealth, the market's first major tool of its sort, supports businesses in getting more insight, optimizing their expenditure, and implementing policies that meet financial and regulatory management standards.
Pricing Calculator for GCP:
Another essential cost management tool is the GCP Pricing Calculator, which allows enterprises to establish precise estimations of particular GCP solutions. The GCP pricing calculator, which has a user-friendly interface, allows you to pick cloud resources in groups, define configurations with such a cost impact, select a period, and create cost estimates.
AWS Cost Explorer:
AWS Cost Explorer is an Amazon Web Services built-in utility. This application enables AWS users to analyze and comprehend their cloud consumption expenses. AWS CE assists businesses in analyzing data at a high level (for example, total expenses or use across all accounts) and determining:
  • Anomalies in spending.
  • Expenditure patterns.
  • Cost factors.
AWS CE, like GCP Billing, is an excellent beginning point for a small cloud-based business. Using AWS CE as the single source of information becomes an operational challenge as the team expands.
AWS CE is an excellent choice for businesses who want a high-level view of all cloud computing expenditures in order to comprehend their bill and manage future budgets.
Google Looker - Hybrid cloud cost management:
Looker Cloud Cost Management consolidates billing data from several cloud services and teams into a single platform. To examine how your business spends cash between initiatives, services, and people, you'll need to utilize a Google Cloud Billing block.
Looker collects, monitors, and analyses GCP expenditure in three ways. First, Looker accesses billing information directly for each cloud database system, aggregating cloud expenditure reports from AWS, Azure, and GCP.
The following stage involves aggregating billing and using use information in a cloud data warehouse such as BigQuery. The next stage is to translate cloud billing information into cloud spend optimization by using tags or labeling and cost centers across clouds. You may also keep records of how credits and promos are applied using the site.
NetApp's Spot:
This platform includes various useful cloud management tools, such as Elastigroup (structure scalability), Ocean (automatic container management), and Cloud Analyzer, a cost management tool.
Spot Cloud Analyzer allows you to track expenditures for research, administration, and optimization across GCP, AWS, and Microsoft Azure via a single interface. You will also have a complete view of your accounts, tags, use kinds, and other information.
Spot, in addition to Google Kubernetes Engine, may be used to monitor and optimize expenses for AKS, EKS, and other orchestrators.
Harness Cloud Cost Management:
Harness is a cloud cost optimization solution that works from start to finish for the contemporary cloud-based team. This tool focuses on proactive savings by including aspects such as:
  • Customized warning across many dimensions like apps, clusters, environments, etc.
  • Detection of anomalies.
  • Automation and cost thresholds.
  • Forecasting and budgeting are precise.
The Harness is suitable for businesses with different teams that need complete control over their cloud resources. The solution is popular among DevOps teams because it allows users to connect cloud events and deployment modifications to a built-in CD (Continuous Delivery) platform.
Azure Cost Management:
Azure Cost Management, including GCP Billing and AWS CE, is a built-in feature offered to Microsoft Azure cloud subscribers. The software assists users in comprehending their cloud costs and provides a high-level summary of Azure expenditures.
Azure Cost Management has several connectors, allowing customers to personalize their system and get greater control over cloud utilization and other built-in solutions. Integration with PowerBI, for example, enables richer and more thorough reporting.
This tool is suited for tiny businesses with a basic cost structure that wants a high-level overview of AWS expenses and potential savings.
Apptio Cloudability:
It is a cloud-based cost management system that concentrates on supporting clients in primarily getting visibility into their entire expenditure, controlling, and improving their spending habits. Furthermore, they assist firms in visualizing what your cost profile would look like during a cloud migration.
It optimizes Kubernetes costs throughout GCP (GKE), Azure (AKS), upstream Kubernetes, AWS (EKS), Air-Gapped, and on-premises deployments. Kubernetes expenses may be seen by deployment, namespace, cluster, service, and other factors. A unified picture of your charges across various clusters is also provided through a single API endpoint.
It additionally incorporates infrastructure-wide cost data from third-party technologies to provide even more detailed cost insights. Kubecost, like the other GCP cost tools listed below, provides tailored, dynamic suggestions that might assist you in prioritizing some changes to increase cost savings.
It offers a real-time warnings system that notifies you of possible cost concerns, such as approaching your GKE budget limit, to keep GCP expenses under control.
It is a VMware, cloud, and containers infrastructure management tool, that helps companies retain superior efficiency while controlling their infrastructure. This tool gives you more control over your expenses and performance levels by utilizing machine-learning suggestions and automation. It saves money for clients by delivering good advice, risk assessment, and strong reporting tools.
It allows for continuous cost in order to optimize app demands to existing supply resources. This utility is available as a boxed software solution or as a SaaS.
Turbonomic's core focus, among other areas, is on resource planning and automation features. Despite the fact that the program does not offer many extra features, its two basic functions are some of the best in the business.
  GCP offers about a dozen cost-management options. The tools are accessible via the Cloud Console. The Cloud Console's two main cost-related components are Cloud Billing Reports and Cost Tables.
Cloud Billing Reports provide you with a preview of your use charges, allowing you to identify and assess resource consumption trends. Charts can assist you in simplifying and showing which items and locations contributed the most to total spending. However, your organizing system, which displays tasks, files, or tags, may also aid in cost control.
In contrast, a Cost Table report provides a more complete, tabular analysis for each invoicing month. The Cost Table reveals your statement's amount, effectively balancing your invoice. By automatically categorizing, you may have a better understanding of the cost.

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How are two tools offered by GCP to assist with cost analysis?

The Cloud Console has two major sections that can assist you to evaluate your costs: Cost Table reports and Cloud Billing reports.

Which of the following approaches assists you in calculating the expenses of utilizing GCP?

Google Cloud Platform offers a calculator that estimates the cost of a GCP application once deployed for current and prospective customers. To obtain an estimate, just describe all of the GCP services and their criteria in the Google Cloud Pricing Calculator.

What exactly is cost optimization in the cloud?

What is the definition of Cloud Cost Optimization? Discovering ways to operate applications in the cloud, execute work or deliver value to the business at the cheapest possible cost, and use cloud providers as cost-effectively as feasible is what cloud cost optimization is all about.

How can I improve Google Cloud?

Details about the quest
  • Create budgets and notifications for real and predicted thresholds.
  • Explain the operational requirements for cloud cost optimization.
  • Examine your dedicated usage discounts.
  • Distinguish between budgets and quotas.
  • Set up quota-based cost restrictions.

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