Being able to forecast your future cloud costs is important when trying to stay within your planned budgets.
With forecasting in Cloud Analytics reports, you'll answer questions like "How much I am going to pay Google Cloud/AWS this month?" or "How much I will spend on BigQuery and Pub/Sub during the next 90 days?" in just one click.
Generate a forecast
Use forecasting in your Cloud Analytics reports by selecting the Forecast option from the ML Features drop-down menu on the left-hand side of the report:
When you select this option, the CMP will generate a forecast line which estimates what your costs may look like for the period you selected moving forward.
For example, if you selected "Last 30 days" under the Time Range dropdown, your forecast will display cloud cost estimates for 30 days looking forward.
Forecasting incomplete data
Because billing data can lag behind (sometimes by 12–36 hours), you can also use the forecasting feature to get an idea of what to expect your missing cloud costs will be.
Watch this short video explainer for more information: