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Economize Review

Economize
Our score: 8.0 User satisfaction: 98%

What is Economize?

Economize is a cloud cost optimization software that provides insights into your cloud spend and helps you maximize saving opportunities. It tracks spikes in expenses and identifies unusual activities. It also allows you to have full visibility over your cloud environment through explorer, where you can organize and track assets and resources.

Economize provides recommendations that can help you optimize your cloud costs. It enables you to get tailored insights based on your usage. It also allows you to save different recommendation types to monitor their effects. Additionally, Economize can identify resources that are no longer in use and provides an overview of your activities through the organization view.

Economize integrates with communication channels like Slack and email providers so that you can receive real-time notifications. It also provides email and Slack support as well as a dedicated FinOps manager for higher-tier users.

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Overview of Economize Benefits

Incident Tracking

Economize provides real-time monitoring of your cloud spending so that you can quickly and efficiently take action on unusual activities. It detects anomalies and determines root causes. It also monitors all events and changes for better transparency. Additionally, Economize provides cost optimization recommendations based on these activities and incidents. It estimates potential savings. It also enables you to limit cloud spending to only include the necessary resources.

Cloud Environment Organization

Economize enables you to organize your cloud environment for better visibility. It helps you make informed scaling and downsizing decisions based on the resources you utilize. It also provides an asset inventory where you can sort your resources through labels and tags. Economize tracks unit costs of each cloud resource. It also identifies unused resources. You can view all relevant information through the organization view, which provides an aerial and hierarchical grouping of your resources.

Actionable Analytics

Economize generates actionable analytics to help you optimize your cloud spending. It visualizes your costs through a timeline and through graphs and charts. It also enables you to conduct cost comparisons and cost breakdowns. Economize can create informative summaries for easier reference and provides real-time alerts on your cloud spending.

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Overview of Economize Features

  • Reports
  • Incidents
  • Explorer
  • Recommendations
  • Notifications
  • Organization View

Awards & Quality Certificates

An award given to products our B2B experts find especially valuable for companies

Economize Position In Our Categories

Since businesses have unique business-related needs, it is only reasonable that they avoid getting an all-in-one, ”best” business application. At any rate, it would be hard to try to stumble on such a software solution even among well-known software systems. The logical thing to undertake would be to spell out the various chief functions that require consideration like crucial features, price plans, skill competence of staff, company size, etc. Thereafter, you should do the research exhaustively. Browse over some Economize analyses and explore the other software programs in your list more closely. Such comprehensive research ensures you steer clear of ill-fitting applications and buy the system which meets all the function your company requires for optimal results.

Position of Economize in our main categories:

TOP 50

Economize is one of the top 50 Cloud Management Software products

If you are considering Economize it might also be a good idea to examine other subcategories of Cloud Management Software listed in our database of SaaS software reviews.

Each enterprise has different wants and needs an application that can be personalized for their size, type of workers and clients, and the specific industry they are in. For these reasons, no system can proffer perfect tools out-of-the-box. When you look for a software system, first be sure what you need it for. Read some Economize Cloud Management Software reviews and ask yourself do you want basic tools or do you require advanced functionality? Are there any industry-specific tools that you are searching for? Obtain the answers to these queries to help your search. There are lots of factors that you need to consider and these include your budget, specific business requirements, your company size, integration needs etc. Take your time, check out a few free trials, and finally select the system that presents all that you require to improve your company competence and productivity.

How Much Does Economize Cost?

Economize Pricing Plans:

Free Trial

Free

$0

Plus

$99/month

Premium

$499/month

Professional

$999/month

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What are Economize pricing details?

Economize Pricing Plans:

Free Trial

Free

$0

Plus

$99/month

Premium

$499/month

Professional

$999/month

Economize is available through four enterprise pricing plans that you can choose from:

Free – Free

  • Up to $10k monthly cloud spend tracking

Plus – $99/month

  • Up to $10k monthly cloud spend tracking
  • Up to 3 accounts/projects
  • 1 Organization
  • 1 Billing account
  • Multi-currency support
  • 12-month data retention
  • Reports
  • Recommendation types
  • Usage-based recommendations
  • Saved recommendations
  • Integration with Slack, email, and other channels
  • Budget notifications
  • Aerial view

Premium – $499/month

  • All of Plus plan features
  • Up to $100k monthly cloud spend tracking
  • Up to 10 accounts/projects
  • Up to 3 organizations
  • 3 Billing accounts
  • Unlimited data retention
  • Incidents
  • Asset inventory
  • Unit costs
  • Label and tag explorer
  • Potential savings
  • Zombie resources
  • Notifications for summaries
  • Organization views
  • Organization cost reports
  • Monthly cloud invoice review
  • Priority email support
  • Slack channel with priority support

Professional – $999/month

  • All of Plus plan features
  • More than $100k monthly cloud spend tracking
  • Unlimited accounts/projects
  • Custom organizations and billing accounts support
  • Alerts
  • Hierarchy view
  • Dedicated FinOps manager

User Satisfaction

Positive Social Media Mentions 0
Negative Social Media Mentions 0

We are aware that when you choose to purchase a Cloud Management Software it’s important not only to see how professionals rank it in their reviews, but also to find out if the real people and businesses that use it are indeed satisfied with the product. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Economize reviews across a vast range of social media sites. The information is then displayed in a simple to understand way indicating how many users had positive and negative experience with Economize. With that information available you should be ready to make an informed business decision that you won’t regret.

Technical details

Devices Supported

  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Monthly payment
  • Annual Subscription

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for Economize?

Economize offers integrations with communication channels like Slack and email providers, among others.

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Nestor Gilbert

By Nestor Gilbert

Nestor Gilbert is a senior B2B and SaaS analyst and a core contributor at FinancesOnline for over 5 years. With his experience in software development and extensive knowledge of SaaS management, he writes mostly about emerging B2B technologies and their impact on the current business landscape. However, he also provides in-depth reviews on a wide range of software solutions to help businesses find suitable options for them. Through his work, he aims to help companies develop a more tech-forward approach to their operations and overcome their SaaS-related challenges.

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