Flexera One Cloud Cost Optimization

About Flexera One Cloud Cost Optimization

Flexera One Cloud Cost Optimization is a comprehensive solution designed to eliminate wasted cloud spend in multi cloud environments. It goes beyond simple visibility to provide automated recommendations and policy based actions that help organizations eliminate waste, maximize commitment value, and dramatically reduce cloud bills.

The platform enables enterprises to cut cloud costs and ensure efficient use of resources across business units, cloud accounts, and applications. With over 90 out of the box cost optimization policies and the ability to create custom policies, Flexera automates savings actions and enables governance teams to collaborate with business units without manual intervention.

Flexera provides a unified view of cloud costs alongside on-premises software, SaaS, and licensing costs for true total cost of ownership understanding. The platform is recognized as a leader by Forrester in Cloud Cost Management and Optimization, supporting the complete FinOps Foundation framework across Inform, Optimize, and Operate phases.

Key Features

• Automated Policy Engine: Over 90 policies plus custom policy creation to automate action on savings recommendations with approval workflows.
• Waste Reduction: Identify and eliminate idle or over provisioned resources, orphaned storage, and inefficient scheduling.
• Rate & Usage Optimization: Recommendations for commitment based discounts (RIs, Savings Plans), rightsizing, and workload scheduling.
• Hybrid Visibility: Analyze cloud costs alongside on premises, SaaS, and licensing costs for complete TCO understanding.
• Budget Controls & Anomaly Detection: Detect spending anomalies and implement budget controls to avoid surprises and eliminate waste.
• GreenOps: Track carbon emissions (CO2e) alongside costs with ISO-14064 certified data for sustainability reporting.