Reclaim Control of Your Cloud Budget with New Relic’s Cloud Cost Intelligence
Blog post from New Relic
New Relic is introducing its Cloud Cost Intelligence (CCI) tool, which aims to provide DevOps, FinOps, and platform engineering teams with real-time visibility into cloud spending across multi-cloud and Kubernetes environments, enabling cost analysis, anomaly detection, and alignment with business outcomes. This integration within the New Relic platform offers observability-driven FinOps, allowing teams to seamlessly connect cloud cost insights with operational telemetry without the need for separate tools. CCI provides dashboards for real-time cost estimation, customizable filters for detailed insights, and a rule-based engine for smart cost allocation, empowering teams to manage budgets effectively and take immediate action on cost anomalies and underutilized resources. The tool enables teams to leverage NRQL for creating custom views and integrates with notification workflows for automatic response to cost spikes, thus facilitating a unified approach to cloud cost management that aligns with strategic business goals.