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New Relic Cloud Cost Intelligence vs Cloud Cost Lens

About New Relic Cloud Cost Intelligence

New Relic Cloud Cost Intelligence brings cloud spend data into the New Relic observability platform, making it possible to view cost metrics alongside APM traces, infrastructure data, and browser monitoring in a unified interface. Like Datadog's equivalent, it's most valuable for teams that are already New Relic customers and want to add cost awareness to an existing observability workflow.

How Cloud Cost Lens fits in

New Relic's cloud cost feature is an observability product that happens to include cost data — not the other way around. The depth of multi-cloud normalization, API flexibility, and cost-specific analytics that Cloud Cost Lens offers reflects years of building a product where cloud costs are the primary focus, not a secondary add-on to a monitoring platform.

Cloud Cost Lens gives every team — not just those with New Relic subscriptions — a clear, normalized view of their AWS, Azure, and GCP spending through a well-designed dashboard and a comprehensive REST API. The API schema is consistent across all three providers, making it easy to build cost-aware tooling, budget alerts, or finance reports without needing to subscribe to a full observability platform. Finance teams can use it without engineering access. Engineering teams can query it programmatically. Everyone sees the same data.

Why teams choose Cloud Cost Lens over New Relic Cloud Cost Intelligence

These are the specific reasons engineering teams and finance stakeholders tell us they prefer Cloud Cost Lens in this comparison.

Standalone cost visibility, no monitoring subscription needed

New Relic Cloud Cost Intelligence requires a New Relic subscription. Cloud Cost Lens is a dedicated cost visibility product — no observability platform required, no bundled monitoring costs.

Deeper cost analytics

Cost management is the entire product at Cloud Cost Lens, not a module alongside APM and infrastructure monitoring. That focus means deeper analytics, better multi-cloud normalization, and a more flexible API for cost-specific workflows.

Accessible to finance teams

New Relic is an engineering tool, and its cost module lives inside that context. Cloud Cost Lens is designed so that finance stakeholders and engineering teams share the same data in an interface that works for both.

Consistent multi-cloud schema

Cloud Cost Lens normalizes cost data from AWS, Azure, and GCP into a single consistent schema from day one. Every API call returns data in the same format regardless of which provider the cost came from.

Feature-by-feature comparison

A factual breakdown of capability coverage. "Partial" means the feature exists but with meaningful limitations. Cloud Cost Lens's focus is depth over breadth — every capability listed works reliably across all supported cloud providers.

CapabilityNew Relic Cloud Cost IntelligenceCloud Cost Lens

Multi-cloud support

Normalized coverage across AWS, Azure, and GCP

YesYes

Kubernetes cost visibility

Container and Kubernetes-specific cost breakdown

PartialPartial

Cost allocation

Team, app, project, or customer-level attribution

YesYes

Anomaly detection

Automated unusual spend detection and alerting

YesYes

Optimization recommendations

Rightsizing and waste-reduction guidance

PartialYes

Commitment optimization

RI, Savings Plan, and CUD strategy support

NoPartial

Showback and reporting

Chargeback, showback, and stakeholder reports

PartialYes

Programmatic API access

REST API for custom workflows and integrations

YesYes

The bottom line

New Relic's cost module is a convenient add-on for existing New Relic users who want cost context without leaving the platform. For teams evaluating dedicated cloud cost visibility — or for organizations that want both engineering and finance teams to share accurate, actionable cost data — Cloud Cost Lens is a more capable and focused choice.

What you get with Cloud Cost Lens

Flexible API

Every metric visible in the dashboard is queryable through a consistent REST API. One schema for AWS, Azure, and GCP — write once, works everywhere.

Honest pricing

No opaque enterprise contracts, no spend-based pricing surprises. You know what Cloud Cost Lens costs before you sign up — and it doesn't change as your cloud bill grows.

Simple dashboards

A clean, focused UI designed for both engineering teams and finance stakeholders. Spend clarity without the complexity of a platform built for every possible use case.

See your cloud costs in one place

Connect your AWS, Azure, and GCP accounts and have accurate, normalized cost data flowing in minutes. No sales call. No implementation project. No long-term commitment.