🚨Alerts

Alerts are triggered when cloud spending exceeds predefined thresholds or when unusual cost patterns are identified. There are two types of alerts available for you to set up:

1. Cost Alerts: Notifies when spending reaches or surpasses set limits.

2. Anomaly Alerts: Detect and report unusual spending patterns or sudden cost spikes, using advanced algorithms.

Information included

Alerts typically include the following data:

Data	Description
Cost deviation	Indicates the spike or drop in costs
Projects or accounts	Specifies the projects or accounts affected
Resource affected	Identifies the affected services, labels, or SKUs
Percentage change	Shows the percentage increase or decrease in costs
Cost difference	Provides the absolute cost difference
Time period	Defines the time period over which the cost change occurred

Cost alert sent to Slack channel

Creating an Alert

Navigate to Notifications from the Economize console sidebar, and follow the instructions below based on the type of alert you wish to create:

Cost Alert

1. Alert type: Select Cost Alert as the alert type.

2. Alert name: Enter a descriptive name for your cost alert.

3. For: Choose what the alert should monitor, i.e., Projects, Services, Labels, or SKUs.

4. Filter: Define the specific resources within the selected criteria of For field above.

5. Threshold: Set a threshold amount that will trigger the alert.

6. Ignore spend below (optional): Set an amount to avoid alerts for small costs.

7. Frequency: Select how often you want to receive alerts i.e, daily, weekly, or monthly

8. Destination: Select where you want to receive the summary from the available integrations.

9. Channel: Select the specific channel within the chosen destination.

10. Include cost drop (optional): Check the provided box if you want to be notified of cost decreases as well.

11. Click Create alert to set up the alert with your specified parameters.

Anomaly Alert

1. Alert type: Select Anomaly Alert as the alert type.

2. Alert name: Enter a descriptive name for your alert.

3. For: Choose what the alert should monitor, i.e., Services, or Labels/Tags.

4. Ignore cost below (optional): Set an amount to avoid alerts for small costs.

5. Select projects: Choose which projects or accounts to monitor.

6. Destination: Select where you want to receive the summary from the available integrations.

7. Channel: Select the specific channel within the chosen destination.

8. Click Create alert to activate the new alert configuration.