Cost Control

Cloud costs change during the use of the cloud because cloud resources can scale flexibly on demand. To avoid unexpected bills and high costs, you need to control cloud resources precisely during cloud use, establish risk monitoring and warning mechanisms to promptly respond to risks. When there is an unusual spending, it is important to analyze the root cause, such as business development, resource over-allocation, or resource idleness. Increase the budget or optimize resource utilization based on the root cause.

You can use cost anomaly detection provided by Cost Center to identify any unexpected cost spikes in a timely manner.

Cost Anomaly Detection uses machine learning to analyze your historical expenditures, establish a baseline, and identify root causes for cost surprises.

You can configure alerts to keep you up to date on any cost anomalies, so you can quickly take action based on identified potential causes, service conditions, and cost analyses.

Huawei Cloud offers a diverse set of charts to help you quickly understand bills and make multi-dimensional reconciliation.

Huawei Cloud offers bills across various dimensions. This helps you track your overall expenditure trend and identify the most costly service types, enterprise projects, regions, and billing modes. With this information, you can quickly evaluate whether your monthly expenditures align with your budget. You can also check transactions and detailed bills, detailed fund transactions and resource deductions of each month, total expenditure, payment details, and bill details.

You can export your Huawei Cloud bills for reconciliation with the bills generated by your company to check for resource purchase and usage.

To keep costs down, Huawei Cloud monitors the account balance and resource packages usage to help you evaluate whether there are any expenditure spikes.

You can set balance alerts to receive timely warnings about insufficient balance and monitor expenditure amounts.

If you have purchased a resource package, you can learn about the remaining usage of the resource package in a timely manner. You can enable usage alerts so that you can be notified before the resource package is used up. This way, you can avoid unexpected expenditures by limiting pay-per-use usage or by purchasing new resource packages in a timely manner.