Cost Budget Plan

Enterprises can plan and control their budget using Huawei Cloud's Cost Center during cloud migration. With Huawei Cloud Cost Center, enterprises can manage and monitor their cloud expenditures, improving resource utilization and reducing unnecessary expenditures. Proper budget planning and continuous cost optimization will help enterprises enhance return on investment (ROI) in the cloud environment and achieve successful digital transformation.

You can create a budget plan based on the following information:

• Forecasting based on historical cost data: Use the cost analysis function of Cost Center to forecast future costs based on historical expenditures.
• Forecasting based on business drivers: Forecast cost changes based on future business requirements (such as scale-out, promotion, and new service rollout).
• Create a budget plan based on historical data and future business requirements.

Huawei Cloud Cost Center provides you with budget templates to simplify your budget creation process. You can quickly create a cost budget and create a budget report for a budget task. Huawei Cloud will send you a budget report on the scheduled report date.

For details, see Cost Center Documentation.