ServiceNow Cloud Cost Management provides visibility into your total cloud consumption in one place. Optimise cloud resources to reduce spend and minimise risk.
Cloud Cost Management
Overview
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How does Cloud Cost Management work?
Cloud Cost Management tracks cloud and AI resources across providers and applies governance policies to control costs, usage and compliance. It identifies wasteful spending, helping teams keep cloud investments efficient.
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Benefits of Cloud Cost Management
Automate cloud FinOps
Scale cloud financial operations to meet growing AI workloads. Give teams AI insights to reduce manual work and manage cloud and AI spending in real-time.
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Control cloud and AI costs
Reduce cloud and AI waste by right-sizing resources and removing idle or duplicate instances. Adjust spend proactively with clear chargeback and showback.
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Unify cloud operations
Integrate data across hybrid cloud environments and AI services. Enable collaboration across IT, finance and cloud teams to achieve better productivity.
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Transform with a single platform
The ServiceNow® AI Platform unites AI agents, data and workflows on one enterprise-grade platform built for scale, trust and efficiency.
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Use cases for Cloud Cost Management
Lifecycle Management
Manage the cloud lifecycle efficiently
Track cloud usage and forecast costs across the lifecycle. Automate right-sizing to maintain visibility and control over cloud resources.
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AI Asset Lifecycle
IT Asset Management
Software Asset Management
Cloud FinOps
Run cloud FinOps with confidence
Help teams monitor costs, allocate budgets and implement cloud governance policies together. Unify financial accountability across all major cloud providers.
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Cloud Governance
ServiceNow Discovery
AI Governance
Manage AI spend and risk
Scale AI with greater control over costs and risk. Use ServiceNow AI Control Tower to contain expenses while seeing measurable results of AI tools and services.
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AI Control Tower
AI Agentic Fabric
Migrations and BYOL
Plan cloud and licence migrations
Make informed decisions about resource allocation and licensing before migrating. Avoid unnecessary licences while supporting Bring Your Own Licence (BYOL) compliance.
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SaaS License Management
Cloud Accelerate
Change Management
Manage change confidently
Control cloud spending and risks during IT change cycles. Stay aligned with financial goals and operational stability.
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Change Management
IT Service Management
Cloud Optimisation
Optimise hybrid cloud costs
Monitor hybrid cloud usage to optimise spend on computing, storage, containers and databases. Diagnose and troubleshoot cloud billing issues with less complexity.
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Service Observability
IT Operations Management
OUR CUSTOMERS
Industry leaders rely on ServiceNow to make work better
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21K
hours of manual work saved
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30%
expected decrease in mean time to resolve (MTTR)
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platform for all of IT
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Third-party software integrations
Integrate anything with ServiceNow. Bring your existing software investments onto our platform to connect your people, processes, apps and data.
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Resources for you
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Analyst Excerpt
ServiceNow is a Leader in this 2025 IDC MarketScape Vendor Assessment
Understand how enterprises are increasingly using FinOps processes and best practices as a solution to the complexity of supporting multiple and hybrid clouds.
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ANALYST REPORT
ServiceNow a Leader in Omdia Universe: FinOps
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EBOOK
The Age of AI Control and Governance: How to Scale AI with Confidence and Trust
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WEBINAR
Reimagining the Employee Experience: How Avery Dennison is Leading with ServiceNow
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Use the ServiceNow ecosystem
Explore our learning tools, community and partner offerings to find the level of support you need.
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Frequently asked questions
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What is cloud cost optimisation?
Cloud cost optimisation is the process of refining and reducing cloud expenses by ensuring efficient resource utilisation, selecting appropriate vendors and pricing models and continuously monitoring and adjusting cloud configurations to minimise costs without compromising performance.
What is Financial Operations (FinOps)?
Combining finances with operations, FinOps is a framework for managing operational expenses and maintaining financial accountability in the cloud. Learn more.
What is cloud management?
Cloud management oversees cloud computing resources, leveraging strategies, policies and tools to govern and maintain clouds—public, private or hybrid. Cloud management platforms manage and accelerate cloud usage by automating basic business processes across diverse cloud environments.
What is cloud computing?
Cloud computing is the internet-based delivery of IT services, such as servers, storage and software, enabling on-demand access and scalability. In place of physical infrastructure ownership, users access technology services remotely, enjoying flexibility, innovation speed and cost efficiency.
What is a cloud service provider?
Cloud service provider (CSP) provide cloud-based network, application, platform or storage services to businesses—usually in a pay-as-you-go model.
Talk to an expert
Connect with our product experts to arrange a custom demo. See how Cloud Cost Management can work in your environment.
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