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How can I check the instance status (running, stopped, etc.) and optimization opportunities?

In OpsNow FinOps Plus, every cloud instance includes both status information and automated optimization recommendations.
This helps FinOps teams quickly identify underutilized or inefficient cloud resources and take action to reduce costs.

✅ Instance Status Monitoring

Each instance displays its current operational state, such as:

  • running: actively in use
  • stopped: manually shut down
  • deallocated: resources released (common in Azure VMs)
  • TERMINATED: instance has been deleted (seen in AWS/GCP)

These status indicators make it easy to spot idle or orphaned resources, which often generate unnecessary costs.

✅ Optimization Recommendations

Based on resource specifications and actual usage patterns, OpsNow suggests specific optimization actions:

  • Downsize: The instance is over-provisioned for its current workload → recommend switching to a smaller instance type
  • Modernize: The instance is running on an outdated type → recommend migrating to a newer, more efficient type
  • NoReview: Optimization analysis has not yet been applied → pending further review

With these insights, you can identify cost-saving opportunities such as resizing or modernizing compute resources.
For organizations managing a large number of cloud assets, reviewing these optimization suggestions regularly can lead to significant monthly savings—often in the thousands of dollars.