Financial Alerts with PerfectScale by DoiT

As cloud technologies continue to expand and take a solid market share, Kubernetes has become an integral component of modern application infrastructure. However, the rapid growth in many cases also involves an increase in complexity and expenses. Without real-time granular visibility into cost anomalies and inefficiencies, teams can quickly run into overspending, overlook optimization opportunities, and, ultimately, run out of budget.

To help teams stay ahead of unexpected cost increases and take timely, proactive actions, we are excited to introduce PerfectScale by DoiT Financial Alerts - a powerful feature that provides automated cost and waste alerts.

In this blog, let’s explore how to seamlessly identify cost anomalies, eliminate unnecessary spending, and ensure efficient Kubernetes operations with real-time cost insights!

What are financial alerts

The financial alerts provide real-time notifications on cost anomalies and inefficiencies across your entire Kubernetes stack. This feature helps you detect cost and waste spikes, proactively prevent budget overruns, and take your finances under control. 

This update provides you with enhanced capabilities to:

• Detect cost anomalies in real-time: Stay on top of unexpected K8s spending spikes and take immediate action before they affect your budget.
• Achieve greater control and ensure budget compliance: Get full cost visibility and control with customizable cost and waste thresholds and prevent overruns.
• Achieve cost oversight with flexible notifications:  Ensure team members are updated with notifications relevant to their specific scopes and tasks.

How to configure financial alerts

Configuring financial alerts is a straightforward and highly flexible process that allows you to customize key aspects to fit your needs. You can define alert thresholds for the core metrics, such as cost and waste. The configuration enables you to choose the scope of the alerts - whether they apply to your entire organization or specific workloads, clusters, or namespaces. This flexibility ensures you get timely, relevant insights, empowering you to stay within budget and optimize your resources effectively.

Financial alerts profile

You can set up cost and waste alerts in just a few simple steps by configuring the profile to define the conditions that trigger these alerts.

1. Define the scope of monitoring for alerts, whether they apply to your whole organization or specific workloads, clusters, or namespaces, and select the metric to monitor cost or waste anomalies.
2. Decide how frequently you want to evaluate the metrics based on your needs, whether you require alerts daily, weekly, etc., and set the start date.
3. Choose the appropriate condition for triggering the alerts based on your financial goal
4. Start receiving alerts directly to your favorite communication channel, like Slack or MS Teams.

How to monitor financial alerts

PerfectScale by DoiT offers a comprehensive Financial Alerts Dashboard that provides granular visibility into cost- and waste-driven events. This dashboard enables you to quickly detect anomalies and prioritize issues based on data-driven insights. This view simplifies the root-cause analysis and helps to ensure that every issue is properly addressed.

Exploring Usage Scenarios

Instantly identify and eliminate cost anomalies

If you manage multiple Kubernetes clusters, unpredictable cost spikes can be a significant challenge. Pinpointing the root cause is an important and, in many cases, time-consuming task, as well as quickly identifying how to resolve the issue and minimize its impact. Unfortunately, time is key, and without real-time insights, such spikes often might go unnoticed until it has already affected your budget.

Here, PerfectScale Financial Alerts can help. This solution minimizes such risks by providing instant notifications when cost anomalies occur. With real-time alerts, you can immediately investigate the issue, take action, and prevent budget overruns, ensuring cost efficiency and financial control across your Kubernetes environment.

Budget Governance and Compliance

If you're reading this, perhaps you are one of these FinOps professionals responsible for managing Kubernetes costs across multiple teams, clusters, or even an entire organization. Tracking spending in real-time can be complex, especially without the right tools that provide granular visibility, proactive cost monitoring, and data-driven insights tailored to the unique requirements of your application. The challenge becomes even greater when Kubernetes cost management is divided across different teams and stakeholders, where each is responsible for their own cloud units. Without a centralized, real-time view of spending - cost inefficiencies and budget overages can go unnoticed until the monthly report, but by then, it might be too late.

PerfectScale Financial Alerts eliminates this risk by allowing you to set budget thresholds at different organizational levels, such as clusters, namespaces, the entire organization, and more. When spending reaches or exceeds these limits, you and/or relevant stakeholders will receive real-time alerts, helping you to establish strong cross-team collaboration and take immediate action before costs loop out of control.

Proactively identify and eliminate waste

Kubernetes unlocks unmatched scalability and efficiency while developing and maintaining cloud applications. However, maximizing its benefits requires extra effort from the team to continuously optimize the resource allocations without affecting service performance. Without proper fine-tuning configurations, teams may significantly overprovision their clusters, leading to inefficiencies that drive expenses.

PerfectScale Waste Alerts help teams manage wasted resources by automatically identifying underutilized resources and triggering real-time notifications:

• When new services or deployments cause significant resource inefficiencies.
• When usage patterns change and workloads no longer require the previously allocated resources. 

This ensures that teams can take action immediately, preventing unjustified bills. By leveraging waste alerts, teams can fine-tune resource allocation, reduce cloud waste, and optimize Kubernetes environments without compromising performance. 

Are you ready to give it a try? Discover more in our documentation, or schedule a technical session with our team to see how this feature could help you.