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How can I set threshold criteria for detecting cost anomalies?

OpsNow FinOps Plus Cost Anomalies feature allows users to define thresholds to detect unusual cloud spend patterns.

You can choose between two threshold types:

  1. Percentage-based threshold (%)
    • Triggers when the actual spend exceeds or falls below the expected spend by a defined percentage
    • Example: “Trigger an anomaly if cost exceeds expected spend by 20%”
  2. Amount-based threshold ($)
    • Triggers when the difference in spend exceeds a specified dollar amount
    • Example: “Trigger an anomaly if cost is more than $1,000 over or under expected spend”

These thresholds can be applied with the following granularity:

  • Period comparisons: Last 3 days vs. previous 3 days, last 7 days vs. previous 7 days, etc.
  • Detection scope: By Account, Product, or Region