NEW YORK--(BUSINESS WIRE)--Vantage, the leading cloud cost management platform that provides actionable insights for every engineer, today launched support for Custom Providers, designed to give customers more comprehensive visibility into costs and utilization across their entire cloud and SaaS stack. Now, customers can integrate any third-party cloud billing and resource data into the Vantage platform, even from custom systems and providers that do not expose billing APIs. This allows customers to achieve a standardized, single source of truth to manage cloud costs.
“We’ve faced challenges getting granular insights from invoices on certain cloud providers due to API limitations or the way we’re billed. This has made it difficult for us to allocate costs accurately across all of our different products, teams, and users,” said Warrick St. Jean, Senior Director, Solution Architecture & Digital Transformation at PBS. “Vantage’s Custom Providers feature will allow us to upload costs from any provider, so that we can centralize visibility alongside other services like AWS while gaining deeper insights into resources by team or departments. This will make it easier to manage chargebacks and allocate resources more efficiently across PBS.”
Businesses today consume software from dozens of vendors, beyond just the primary cloud providers. However, many of these vendors offer limited, non-standardized, or even non-existent billing APIs and usage reports. As a result, many finance teams are forced to rely on custom tracking mechanisms or other tools that are poorly equipped for tracking and allocating spend. With Customer Providers, Vantage customers can achieve standardization and centralized visibility across all cloud providers and SaaS vendors.
“Organizations are increasingly using more third-party services to run their business beyond AWS, Azure, and Google Cloud,” said Ben Schaechter, Co-Founder and CEO of Vantage. “While Vantage natively supports 15 providers, including services like Datadog and Snowflake, there are still a variety of costs from other providers that companies need to manage. This has created serious headaches for both finance teams and engineers, who are often forced to cobble together their own tools or attempt to manage costs across a complex array of spreadsheets.”
Vantage’s Custom Providers capability utilizes the FinOps Cost and Usage Specification (FOCUS) format, an open-source specification that is rapidly gaining momentum as the standard format for usage reports. Customers can import costs by uploading a CSV file, either via the Vantage platform or via the Vantage API. This includes both one-time costs, such as licenses, for amortization and allocation purposes, or usage reports, to track ongoing spend.
Schaechter continued, “Support for Custom Providers is making it possible for businesses to bring any cloud provider under management. By using Vantage as a single source of truth, customers can achieve a much more accurate and in-depth view into cloud costs and utilization. It’s our hope that as more vendors embrace the FOCUS schema, businesses will be able to more easily advance their FinOps practice and achieve greater control over their full cloud stack.”
Custom Providers is now available to all Vantage customers. For more information, read the blog post, visit the Vantage documentation page, or request a demo.
About Vantage
Vantage is the leading cloud cost management platform that provides actionable insights for every engineer. While every business strives to save on cloud spend, most engineering teams lack the tools to gain granular visibility across siloed infrastructure. Vantage brings FinOps to every engineer, delivering actionable intelligence across cloud providers that enables organizations to achieve cost savings targets, increase efficiency, and scale their FinOps practice. Unlike traditional cloud cost management solutions, Vantage provides deep visibility into resources across all the major providers, including AWS, Microsoft Azure, Google Cloud, Snowflake, Datadog, MongoDB, and more. These out-of-the-box integrations allow engineers to get started with Vantage in minutes. The platform combines best-in-class cloud cost allocation, reporting, and forecasting with powerful features, like virtual tagging, network flow visibility, anomaly detection, and automated recommendations. This allows organizations to significantly improve efficiency and reduce cloud spend, with customers reporting savings of up to 50% on their cloud bill in the first 30 days. Trusted by hundreds of customers, including Aflac, Block, Compass, PBS, Barstool Sports, Rippling, and Vercel, Vantage is headquartered in New York City and backed by top-tier venture firms, including Andreessen Horowitz and Scale Venture Partners. Discover more at www.vantage.sh.
