We’re excited to introduce hierarchical budgets in Ternary, giving you greater precision and control when managing cloud spend. In addition to recurring or variable monthly budgets, you can now break down a total budget into smaller, scoped amounts based on groupings.

How it works

• Select a grouping. Choose one or more dimensions (such as ProviderName) to define how the budget will be segmented.
• Change the budget type. Set the budget type to Hierarchical to begin configuring scoped allocations.
• Assign budget amounts by scope. Enter individual budget amounts for each value within the selected grouping. For example, if you group by ProviderName, you can define separate budgets for AWS, Azure, and Google Cloud. The total of these values will represent your overall budget.

Key benefits

• Tailored budgets by scope. Set independent budgets for distinct values, such as per cloud provider or per application, aligning with your specific FinOps needs.
• Real-time insights. View actual and projected spend data for each individual line item, giving you immediate visibility into your financial performance.