CostNomics™

Cost Management Suite For Snowflake

Overview

Deciphering Data Points For Tangible Insights

CostNomics™ is an end-to-end snowflake cost management solution. With the help of data technologies, it simplifies budget planning for future implementations based on rule-based configurations and document templates. CostNomics™ deep-dives into resource consumption patterns, performance bottlenecks, ongoing cost patterns, and configuration gaps using scripts. By leveraging Advanced Machine Learning and analytics the product presents data in a visual format.

Problems CostNomics™ Solves

Data warehouses, queries, tools, and users that are responsible for consuming the most credits over a specified period of time.

Identifying total costs associated with Snowflake Cloud Data Platform features

Performance bottlenecks that might be causing excess consumption.

Identifying component that requires re-configuration to leverage the appropriate Snowflake features.

Component Wise Cost Consumption for a new project on Snowflake

Component Wise Future Cost Consumption for next month, quarter or year for an exiting project on Snowflake.

What does CostNomics™ do?

Estimate

  • Overall cost
  • Storage costs
  • Warehouse costs
  • Cloud Services costs

Analyze

  • Resource consumption analysis
  • Billing analysis
  • Performance bottleneck analysis
  • Configuration gap analysis

Forecast

  • Statistical cost forecasting
  • Advanced Machine learning
  • Cost forecasting
  • Resource consumption forecasting

Recommend

  • User consumption
  • Warehouse consumption
  • Performance optimization
  • Feature addition
  • Configuration changes

Features

Stay on top of your costs with CostNomics™ powerful alert monitoring feature. Configure customized alerts based on cost thresholds, anomalies, or budget breaches to proactively address any cost-related issues. Choose your preferred alert types, frequency, and recipients, and seamlessly integrate alert monitoring with other features for comprehensive cost management.

A comparative dashboard in CostNomics™ allows users to compare and analyze cost data across multiple accounts. It provides a consolidated view of key cost metrics, trends, and performance indicators, enabling users to make informed decisions and identify areas for cost optimization.

Maximize cost efficiency and enhance workload performance with our powerful platform, enabling you to achieve optimal results while minimizing expenses. Gain valuable insights and make data-driven decisions to optimize resource allocation and drive business growth.

Stay on top of your costs with CostNomics™ powerful alert monitoring feature. Configure customized alerts based on cost thresholds, anomalies, or budget breaches to proactively address any cost-related issues. Choose your preferred alert types, frequency, and recipients, and seamlessly integrate alert monitoring with other features for comprehensive cost management.

The Forecasting feature in CostNomics™ offers insights into actual and projected monthly expenditure, empowering organizations to make informed financial decisions. It provides detailed information on total forecasted amount, total used amount, unused amount, and a monthly breakdown for accurate budget tracking and optimization.

CostNomics™ offers a comprehensive account-level configuration comparison feature for Snowflake accounts. With this feature, Enterprise users can effortlessly compare configuration settings across multiple Snowflake accounts. By identifying variations in configurations, Enterprise users can gain insights into how these settings impact the behavior, performance, and security of their Snowflake accounts. This comprehensive comparison capability empowers Enterprise users to make informed decisions and optimize their Snowflake account configurations for maximum efficiency and effectiveness.

The Account Storage Analysis page provides comprehensive insights into different storage metrics and usage within your Snowflake account. It offers a range of widgets and graphs that facilitate the visualization and analysis of your storage data. With this, you can easily track and understand various aspects of your storage, such as total storage usage, storage growth trends over time, database storage breakdown, and detailed information about individual tables’ storage usage. This information empowers you to make informed decisions, optimize storage efficiency, and effectively manage your Snowflake account’s storage resources.

Frequently asked questions

What is CostNomics™?

CostNomics™ is a SaaS product that helps Snowflake customers lower their costs, save time, and optimize performance.

How does CostNomics™ help with cost management?

CostNomics™ captures over 40 key performance indicators (KPIs) related to resource consumption, performance bottlenecks, ongoing costs, and configuration gaps in your Snowflake account setup. It provides insights and recommendations for optimizing costs, improving performance, and making informed decisions.

Can CostNomics™ help with budget planning?

Yes, CostNomics™ simplifies budget planning by leveraging rule-based configurations and document templates. It allows organizations to forecast costs, allocate resources effectively, and plan budgets for future Snowflake implementations.

Is CostNomics™ suitable for all sizes of organizations?

Yes, CostNomics™ is designed to benefit organizations of all sizes using Snowflake. Whether you are a small business or an enterprise, CostNomics helps you effectively manage costs and optimize resource utilization within your Snowflake environment.

How do I get started with CostNomics™?

To get started with CostNomics™, you can reach out to the CostNomics™ team or visit their website to learn more about the onboarding process, pricing, and any required setup steps. They will guide you through the implementation and provide the necessary support to help you maximize the benefits of the CostNomics™ solution.

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