Vantage Launches Scenario Model Forecasting

Vantage has introduced Scenario Model Forecasting, a feature that allows enterprise customers to create detailed forecasts of future cloud spending by defining Scenario Models that consider known future costs, credits, and trends. This capability enables users to model the financial impact of anticipated business changes, such as infrastructure upgrades or seasonal events, on their cloud expenditures. By using the new "Scenario Models" section within Financial Planning, customers can customize forecasts by specifying cost adjustments, priorities, and service filters to refine their projections. These Scenario Models can be integrated with Vantage's machine-learning forecasting model, allowing users to generate multiple Custom Forecasts from the Forecasts tab in any Cost Report. This approach helps users to not only incorporate historical data trends but also account for future initiatives that are independent of past usage patterns, offering a more precise and tailored financial outlook for cloud resources.

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