What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in cloud cost management tools category. Our data sources in cloud cost management tools category include;
Cloud cost management software helps businesses reduce expenditures related to cloud services. These tools enable streamlining cloud demands and help manage cloud resource usage.
If you’d like to learn about the ecosystem consisting of Cloud Cost Management Tools and others, feel free to check AIMultiple Cloud.
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We use the data sources on the side for ranking solutions and awarding badges in cloud cost management tools category. Our data sources in cloud cost management tools category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
Amazon CloudWatch
Site24x7
ParkMyCloud
Skeddly
ShareGate Desktop
Taking into account the latest metrics outlined below, these are the current cloud cost management tools market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
Amazon CloudWatch
ParkMyCloud
Site24x7
Skeddly
Nutanix Acropolis
These are the number of queries on search engines which include the brand name of the solution. Compared to other Cloud categories, Cloud Cost Management Tools is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 27%, 31% less than the average of search queries in this area.
55 employees work for a typical company in this solution category which is 34 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 31 companies with >10 employees are offering cloud cost management tools. Top 3 products are developed by companies with a total of 100k employees. The largest company building cloud cost management tools is AWS with more than 100,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
Site24x7
ParkMyCloud
Skeddly
Amazon CloudWatch
ShareGate Desktop
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Cloud Cost Management Tools companies. The most positive word describing Cloud Cost Management Tools is “Easy to use” that is used in 8% of the reviews. The most negative one is “Difficult” with which is used in 2.00% of all the Cloud Cost Management Tools reviews.
According to customer reviews, most common company size for cloud cost management tools customers is 1,001+ employees. Customers with 1,001+ employees make up 36% of cloud cost management tools customers. For an average Cloud solution, customers with 1,001+ employees make up 32% of total customers.
These scores are the average scores collected from customer reviews for all Cloud Cost Management Tools. Cloud Cost Management Tools is most positively evaluated in terms of "Overall" but falls behind in "Likelihood to Recommend".
This category was searched on average for 395 times per month on search engines in 2022. This number has decreased to 390 in 2023. If we compare with other cloud solutions, a typical solution was searched 623 times in 2022 and this decreased to 590 in 2023.