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Release Notes: November 15, 2024
Release Notes: November 15, 2024
Updated over a month ago

New updates, coming in!

Keeping cloud costs under control can be a complex and ongoing challenge—unexpected expenses, inefficient resource usage, and unclear data can all disrupt your financial planning. To help you face these challenges head-on, we’re introducing a new set of powerful features designed to give you complete transparency and control over your cloud costs.

With this update, our goal is to provide a clear, consistent view of your spending patterns, helping you spot irregularities and optimize your budget with ease. Additionally, we aim to give you actionable insights to improve resource usage, ensuring that you’re only paying for what you truly need.

Dive in to explore these new features available at your fingertips. Experience seamless cloud cost tracking, say goodbye to cost surprises and welcome to a smarter, more effective cloud management.

Check out these features below!


🆕Monthly Insight Report

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Monthly report is essential because it provides regular, structured insights that help businesses track and analyze key metrics over time.

In cloud cost management, it enables teams to identify trends, view costs at a glance, and detect any unusual increases. This level of visibility supports proactive expense management, helps prevent unexpected budget overruns, and enables informed decisions on where to optimize resources.

With this concept in mind, we’ve added a month selection feature to your Insight Report, allowing you to view costs for a specific month of your choice. This new selection in the Insight Report creation process works similarly to the previous quarterly and yearly options. Simply follow the same steps, with a new “Monthly Report” option now available in Step 2.

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Creating a Monthly Insight Report is easy, just follow these simple steps:

  • In the top left corner of your screen, navigate to ‘Reports’ and click ‘+ NEW REPORT’.

  • In the pop-up window, select ‘Fixed’ and click ‘NEXT’.

  • Then, choose ‘Monthly Report’ and fill in the necessary details.

  • For the final step, after selecting the cost group for your report, go to the ‘Recurrence’ section and choose the desired year and month. Note: Only the previous and current months of the selected year will be available for selection. Future months are excluded, as data is not yet available.

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  • Preview the report, and once satisfied, click ‘SAVE LAYOUT.’ You'll notice that new widgets were added to the report. These widgets display your costs for the last 30 days of the month in graphs and tables formats, providing a daily breakdown of your expenses for enhanced granularity.

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And that’s it! You are ready to proceed to our next feature.


🆕GCP API Access

A new update is here to help you cut cloud costs and improve system performance! You can now set up API access for your GCP projects allowing you to receive your GCP optimization recommendations in Octo.

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You can enable API access for your projects by following the steps below:

  • Go to ‘More‘ > ‘Account Registration‘.

  • Find the project that you want to add API access and click it to view the details.

  • Go to ‘Action and click ‘+ Add API access‘.

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Then, you will be redirected to the following page:

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Complete the necessary steps to start viewing your GCP optimization recommendations in Octo, helping you lower expenses, improve system performance, and better utilize your cloud resources.


🆕GCP Recommendations

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After setting up GCP API access, you can view your usage and rate optimizations directly in the Recommendations tab or section.

We've updated the details section (on the left side of the screen) to include a GCP selection, now displayed alongside AWS for easy navigation.

Recommendations are now available in our database, so you can immediately access insights to optimize your cloud usage.

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Details View for Recommendations: Click on the name of any recommendation to expand and view its details. Similar to AWS recommendations, a pop-up window will display the specifics of the selected recommendation, including the logic ID, name, service type, and more.

You'll notice we used the term ‘location’ instead of ‘region’ for GCP, as GCP organizes resources by ‘location,’ which often refers to a specific zone rather than a broader region.

We’ve also added more details to each recommendation, including estimated savings, the reason for the recommendation, suggested actions, and the resource identifier.

Please note: for certain resources, like the Idle GKE cluster, estimated monthly savings may not be available, unlike with other items, such as Idle IP address.


🛠️Minor Bug Fixes and Improvements

We have also made some minor bug fixes and improvements to other existing features.


We will continue to improve features based on user feedback.

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