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The best Umbrella alternative

Customers and partners who trust our multi-cloud platform
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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

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

ISG Provider Lens™ for Multicloud FinOps Platforms

GigaOm Radar Report for Cloud FinOps 2025

Everest Group PEAK Matrix

Everest Group’s FinOps Cloud Cost Management PEAK Matrix® Assessment 2024

Work together to control cloud costs. Ternary bridges the gap between teams.

Report from a FinOps team.

FinOps teams

Establish a cost-conscious culture across your organization.

An engineer writing code

Engineering

Identify opportunities to optimize cost and usage.

The FinOps team providing a report to Finance

Finance

Improve your organization’s gross margin.

A FinOps service provided to an end customer.

MSPs

Build and deliver differentiated FinOps services.

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.