Top 6 AWS Cost Optimization Tools
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The best Flexera alternative
Customers and partners who trust our multi-cloud platform
Ready for a modern FinOps solution?
While Flexera has deep roots in IT Asset Management and has expanded into cost management through acquisitions like RightScale and CloudCheckr, its FinOps offering remains stitched together from legacy tools. Ternary is the best Flexera alternative because it was purpose-built for FinOps from day one, delivering a unified, cloud-native experience without the complexity of agent-based integrations.
With agentless Kubernetes monitoring, multi-cloud support, and a proven track record of enabling high-performing MSPs, Ternary offers faster time-to-value, modern collaboration workflows, and the flexibility today’s FinOps teams need to scale. Below, you can compare the key features of Ternary vs. Flexera.
Flexera
BUSINESS OVERVIEW
Headquarters
San Mateo, California, U.S.
Itasca, Illinois, U.S.
Relationship with the FinOps Foundation
FinOps Foundation Premier Member
FinOps Foundation Premier Member
Cloud spend under management
$7.5B+
Not disclosed.
PLATFORM
Deployment method(s)
SaaS and Self-Hosted
SaaS
Built for
FinOps teams, Finance, Engineering, and MSPs
IT Asset Managers, FinOps teams, Engineering, and MSPs
Multi-cloud support
PARTNER
Customer management
Website mention lacks documentation.
Partner billing rules engine
Website mention lacks documentation.
MSP-level dashboard
No supporting documentation available.
FEATURES
Budget management
Anomaly detection
Custom reporting and dashboards
Reporting is a weaker area based on customer feedback. Source: GigaOm Radar Report for Cloud FinOps
Unit economics
No supporting documentation available.
Kubernetes optimization recommendations
Industry news suggests that Flexera is acquiring Spot by NetApp to augment its Kubernetes capabilities.
Commitment-based discount management
Shows existing coverage, but it’s unclear if purchase modeling is available based on the lack of documentation.
PRICING
Offering type
Single product
Flexera One consists of multiple integrated (but individually packaged) modules: IT Visibility, IT Asset Management, FinOps, and SaaS Management.
Subscription model
Fixed rate based on annual
cloud spend.
Flexera’s FinOps/Cloud Cost Optimization offering is based on a simple flat fee per year, according to a customer’s public cloud spend. Discounting is available as part of multi-product bundling options.
A 3x Leader in multi-cloud FinOps
ISG Provider Lens™ for Multicloud FinOps Platforms
GigaOm Radar Report for Cloud FinOps 2025
Everest Group’s FinOps Cloud Cost Management PEAK Matrix® Assessment 2024
Collaboration that delivers results
Thinking about change?
Ternary replaces native consoles and legacy cost management platforms with a modern FinOps solution. Make switching easier by harnessing the power of the Ternary platform in your organization.
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