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Getting started with Compute Budgets

Compute Budgets provides a mechanism to monitor and alert on your Compute Consumption Unit (CCU) usage. This helps you stay within your ideal usage limits and effectively manage costs. With Compute Budgets, you can:

  • Proactively monitor costs: Move from a reactive to a proactive approach in budget management. This allows you to anticipate and address budget issues before they arise.

  • Reduce manual effort: Minimize the manual work required to track and monitor compute usage. This enables you to focus on higher-value tasks.

  • Improve confidence and adherence to budgets: Gain greater insights into your compute spend, enhancing your ability to adhere to budgets and effectively manage costs.

    Important

    Compute Budgets allows you to monitor and alert on your Compute Consumption Units (CCU) usage. It does not restrict or otherwise monitor consumption of CCUs.

    Screenshot displaying the Compute Budget Overview page

Prerequisites

To use Compute Budgets, you must:

  • Sign up for a New Relic account.
  • Be on at least one compute SKU and on the New Relic account hierachy model.
  • Ideally, have a minimum commitment amount defined on all Compute products.

Access controls

  • Users with the organization_manager role can create, update, or delete Org Budget and account budgets, provided they also have access to the telemetry account.

  • Users with the organization_read_only role can view Org Budget and account budgets, provided they also have access to the telemetry account.

  • Users who don't have access to the telemetry account cannot view the Org budget, but they can view account budgets, if they do have access to them.

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