Gartner Research

Critical Capabilities for Cloud Financial Management Tools

Published: 16 October 2024

Summary

Cloud financial management tools are moving beyond basic cost management capabilities to meet advanced enterprise optimization requirements. Infrastructure and operations leaders should expand their shortlists to include these offerings.

Included in Full Research

  • Anodot
  • Broadcom
  • CloudBolt
  • CloudZero
  • CoreStack
  • Datadog
  • Flexera
  • Harness
  • IBM
  • NetApp
  • ServiceNow
  • Financial and Arch. Planning
  • Resource Classification
  • Cost Allocation and Reporting
  • Cost Incident Detection
  • Workload Optimization
  • Commitment Management
  • Showback and Chargeback
  • Remediation
  • KPI Tracking and Incentives
  • Multicloud and Hybrid Management
  • Packaging and Delivery
  • Financial Risk Management
  • Forecasting and Estimation
  • Driving Cost-Efficiency
  • Drive Accountability
  • Driving Business Value
  • Solution Provider

Analysts:

Dennis Smith,  Marco Meinardi,  David Wright,  Ken Rothenberger,  Ang Troy

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Critical Capabilities: A deeper look into provider offerings

How does a Critical Capabilities report work?

As a companion to the Magic Quadrant™, a Critical Capabilities report scores competing products and services against a set of meaningful differentiators. It reveals which options are the best fit in various use cases to help you focus on the vendors best suited to your needs.

A Critical Capabilities report is more than just a diagram. You also get:
Sharper focus

Narrow down the product and service criteria most important to you.

Individualized use cases

Use interactive features to customize usage scenarios based on your organization’s unique needs.

Faster decision making

Use data to speed up provider selection and accelerate the procurement process.

A Gartner Critical Capabilities report is just one of our many offerings.

We provide actionable, objective insight to help organizations make smarter, faster technology decisions to stay ahead of disruption and accelerate growth.

Pick the right provider with confidence

We use a Critical Capabilities report, the Magic Quadrant and more to ensure you select the best-fit provider to avoid the costly repercussions of a poor decision.

Align deal structures and optimize spend

We benchmark pricing against the market so you avoid unnecessary charges.

Reduce complexity and risk

We analyze contract terms and conditions to protect you against future price increases and unanticipated costs.

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