"Cloud Cost Intelligence extends New Relic's Intelligent Observability platform with real-time cloud cost visibility and cost-aware decision support, helping teams understand where spend is going, what is driving it, and where they can take action."
"Organizations are under increasing pressure to shift from cloud growth to cloud efficiency. It is no longer enough to review billing data after the fact. Teams need to understand spending in context: by service, workload, team, and business priority."
"The cloud cost management market was estimated to be $13.5 billion in 2024, and expected to grow to $23.3 billion by 2029, while global cloud spending reached $781.7 billion in 2024."
"Without unified cost intelligence, organizations struggle to align cloud investments with business outcomes, leading to wasted resources, budget overruns, slower decision-making, and missed optimization opportunities."
New Relic Cloud Cost Intelligence, available from April 28, 2026, enhances the Intelligent Observability platform by offering real-time visibility into cloud costs. It addresses the growing complexity of cloud spending, which has become a challenge for engineering, operations, and finance teams. Organizations need to understand spending in context to align cloud investments with business outcomes. The cloud cost management market is projected to grow significantly, highlighting the urgency for effective cost management solutions to prevent wasted resources and budget overruns.
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