Update to Forecasting: Effective Cost as a Forecast Measure

In Forecasting, we have heard your requests and added the option to choose between seeing “Cost” and “Effective Cost” as forecast measures to ensure users can more clearly understand forecasting results. The option to choose effective cost helps users see projections that include their cloud costs with their amortized costs included and prepaid purchases removed, providing a more accurate estimate of what true costs will look like over the course of the forecast period.

The available cost measures in Forecasting are generally calculated as follows:

• Effective Cost: Cloud Usage Cost + Amortized Cost - Prepaid purchases

• Cost (Existing): Cloud Usage cost that includes (Raw cost + Reallocated cost + Chargeback cost)

Deprecation of Classic Rightsizing – July 1

As a follow up to previous announcements shared on April 18 & May 16, we are providing a third advance notice to users that AWS & Azure Classic Rightsizing will be deprecated, with an expected deprecation date of July 1, 2024. With this deprecation, the sections in the navigation depicted in the below images will no longer be available:

We encourage the use of our new Rightsizing capability now for an enhanced user experience and expanded functionality. New Rightsizing capabilities are available in the left-hand navigation under Recommendations > Rightsizing.