costscan

Costscan is a software tool designed to analyze and optimize cloud computing costs. It helps organizations understand their cloud spending by providing detailed reports and insights into resource utilization. The primary function of Costscan is to identify areas where costs can be reduced, such as underutilized or idle resources, and to recommend alternative, more cost-effective configurations.

The tool typically integrates with major cloud providers like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). It collects data on compute instances, storage, databases, and other services, presenting this information in a user-friendly interface. Users can then visualize their spending patterns, track trends over time, and set budgets.

Costscan often employs machine learning algorithms to predict future spending and to flag anomalies or potential cost overruns. It can also automate certain cost-saving actions, such as rightsizing instances or terminating unused resources, based on predefined policies. The goal is to enable businesses to achieve greater financial efficiency in their cloud environments and to ensure they are getting the most value from their cloud investments.