Starting on Friday, we’ll be applying Capex exclusions and Credit exclusions to all Cloudability accounts. That means that Capex costs and Credits from cloud providers will no longer be tracked as part of your monthly spend by default, so users get a much better idea of what they’re really spending on the cloud.
Cloudability now recognizes Capex expenditures (e.g. the upfront cost when you buy a Reserved Instance) and excludes them by default from your reports.
Why is this helpful? That initial Capex cost can be large and including it in your reports can make your spending reports look inflated as the cost is meant to be amortized over the next 1-3 years.
You can enable or disable Capex exclusion on your preferences page.
If you’re a part of an Incubator like TechStars, YCombinator, 500Startups or PIE you probably have a LOT of credits from cloud service providers. This can make you feel like a high roller spending monopoly money.
Previously, we showed your adjusted spend after credits were applied which meant you didn’t really see how much you were spending. Now Cloudability excludes your credits so you can keep closer track of how much you would be spending without the credits — or more importantly what you WILL be spending when the credits party runs out.
Just like the Capex exclusions, You can enable or disable Credit exclusion on your preferences page.
These are just one step along the road to perfecting cloud cost management. Keep watching as we launch even more features for Capex and Credit tracking in the next couple months.
As always, we’d love to hear what you think we should be rolling out next. Let us know at firstname.lastname@example.org.