Cloud cost visibility is crucial for effective management of cloud expenses, encompassing the tracking, analysis, and understanding of costs associated with cloud services. It provides organizations with insights into resource utilization and spending, aiding in informed decision-making for cost optimization. Effective cloud cost visibility involves organizing data into comprehensible formats like dashboards and reports, enabling businesses to identify inefficiencies and optimize resource allocation. It also facilitates accurate budget planning and forecasting, allowing organizations to prepare for future expenses and maximize return on investment. Key strategies for achieving cloud cost visibility include building a collaborative FinOps team, establishing a solid data foundation, leveraging dashboards and reports, creating a tagging strategy, implementing anomaly detection, and using budgeting and forecasting tools. Tools like Harness Cloud Cost Management (CCM) utilize AI and machine learning to automate and enhance these processes, ensuring comprehensive tracking and optimization of cloud expenditures.