Everest Group names Ternary a 2025 FinOps Leader! Learn more.

The best Umbrella alternative

Customers and partners who trust our multi-cloud platform

SHIBetterCloud logoRackspace TechnologyThe Linux Foundation logoRapidscale - A Cox Business CompanyProcare Solutions logoAztek logo

The multi-cloud FinOps platform MSPs can rely on

Umbrella’s history includes multiple ownership changes and rebrands, similar to the disruption seen with first-generation platforms like CloudHealth. In 2021, Anodot acquired cloud cost management startup Pileus, integrating its technology into Anodot Cloud Cost Management. In 2025, the product was rebranded as Umbrella, a dedicated FinOps business unit within Anodot.

For organizations seeking stability, clarity, and depth in a multi-cloud FinOps platform, Ternary is the best Umbrella alternative. Below, you can compare the key features of Ternary vs. Umbrella.

Umbrella (formerly Anodot)

BUSINESS OVERVIEW

Headquarters

San Mateo, California, U.S.

Ashburn, Virginia, U.S.

Relationship with the FinOps Foundation

FinOps Foundation Premier Member

Anodot is a FinOps Foundation General 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 Managed Service Providers (MSPs)

FinOps teams, Engineering, and MSPs

Multi-cloud support

AWS, Azure, GCP, OCI, etc.

AWS, Azure, GCP only

Agentless Kubernetes monitoring

Recommends clients use the Prometheus Agent

PARTNER

Multi-tenant platform

Customer management

Billing rules engine

Margin rules are for AWS and Azure only

Client statement generation

MSP-specific dashboard with multiple views

MSP-specific dashboard views are not reflected in documentation

Custom branding (partner Logo)

FEATURES

Multi-currency support

Cost allocation

Forecasting

Anomaly detection

Unit economics

Not specified in documentation

AWS usage and rate optimization

Azure usage and rate optimization

Google Cloud usage and rate optimization

Limited GCP usage recommendations compared to other clouds. Unclear if Umbrella supports CUD management based on the documentation.

Carbon footprint reporting

For GCP only

For AWS only in partnership with GreenPixie

INTEGRATIONS

Jira Cloud

Slack

MongoDB Atlas

Snowflake

PRICING

Subscription model

Fixed rate based on annual
cloud spend

Base pricing is 1% of managed multi-cloud spend. Source: GigaOm Radar Report for Cloud FinOps 2024

Disclaimer: This information is based on Umbrella’s documentation site. Last updated: 8/15/25.

A 3x Leader in multi-cloud FinOps

Ternary named a Leader in Everest Group's FinOps PEAK Matrix 2025
Ternary is a GigaOm Radar Report Leader
ISG Multi-Cloud FinOps Vendor Assessment - Ternary is a Leader

Everest Group’s FinOps Cost Management PEAK Matrix® Assessment 2025

GigaOm Radar Report for Cloud FinOps 2025

ISG Provider Lens™ for Multicloud FinOps Platforms 2024

A 3x Leader in multi-cloud FinOps

Ternary named a Leader in Everest Group's FinOps PEAK Matrix 2025

Everest Group’s FinOps Cost Management PEAK Matrix® Assessment 2025

GigaOm Radar Report Leader 2025

GigaOm Radar Report for Cloud FinOps 2025

ISG Multi-Cloud FinOps Vendor Assessment - Ternary is a Leader

ISG Provider Lens™ for Multicloud FinOps Platforms 2024

Collaboration that delivers results

Report from a FinOps team.

FinOps teams

Standardize reporting using FOCUS-compliant billing data.

An engineer writing code

Engineering

Eliminate waste faster with tailored recommendations.

The FinOps team providing a report to Finance

Finance

Reduce budget variance with cost visibility and forecasting.

A FinOps service provided to an end customer.

MSPs

Deliver higher client ROI through proactive cost optimization.

SHI partners with Ternary for multi-cloud cost control

“Partnering with Ternary was an easy decision for us. Their multi-cloud support, combined with a partner-first approach, ensures we can deliver tailored, scalable FinOps solutions that meet our clients’ diverse needs while maintaining full cost visibility and control. Additionally, Ternary’s unique capabilities, such as case management, empower our clients to efficiently manage complex workflows and capitalize on optimization opportunities.”

Rackspace partners with Ternary to deliver value to Google Cloud customers

“Ternary is a very well-thought-out cost management platform for GCP—one of the best, from what I’ve seen in the market, and from a feature set standpoint. Ternary is also a very good relation to have overall, if you’re in the GCP business.”

iOCO UK highlights the value of Ternary’s multi-currency support

“Ternary’s multi-currency support feature has been a game-changer—our customers can now view their cloud spend in their local currency effortlessly. It’s a simple yet powerful enhancement that makes cloud cost management more intuitive, transparent, and accessible for teams across the globe.”

Quilyx praises Ternary’s responsiveness

“At Quilyx we’ve been very impressed with the speed at which new features have been added to Ternary and the response and turn-around time for support and feature requests. The team is continuously working on improving the product and takes their customer feedback very seriously.”

Aztek offers multi-cloud FinOps services to help customers optimize cloud costs

“Partnering with Ternary enables us to deliver unmatched multi-cloud support and FinOps expertise. Together, we will help customers achieve enhanced financial control, scalability, and efficiency.”

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.