CloudHealth Technologies
today announced that the robust Reserved Instance (RI) management
capabilities of its cloud management platform now extend to Microsoft
Azure Reserved Virtual Machine Instances. As a result, Azure customers
can use the platform to reduce costs, save time and improve budgeting
and forecasting over the full RI lifecycle.
"As companies increasingly rely on
CloudHealth for RI lifecycle management, we are excited to extend our RI
capabilities to Microsoft Azure customers," said John Purcell,
VP of Products for CloudHealth Technologies. "Further, the new Azure
reservation support allows CloudHealth customers to quickly identify
reservation purchase opportunities and take full advantage of the cost
savings from Microsoft."
The CloudHealth platform offers several key features for managing Azure RIs:
- Virtual machine purchase recommendations: Users can apply
one or more filters -- including subscription, machine series, and
region -- to target a specific subset of their infrastructure for an RI
quote.
- Pricing metrics: A "payback period" helps calculate the
exact number of months it takes to see a price benefit, assuming 100%
usage. This metric mitigates risk by identifying how long you must
actually use a reservation in order to break even.
- Validate savings: CloudHealth enables customers to recognize savings from purchasing RIs, compared to running virtual machines on-demand.
- Amortization: The platform provides a report on how the one-time upfront cost is distributed over the useful life of the RI.
- Utilization: CloudHealth delivers insights into the usage of RIs over time, in order to identify RIs that are underutilized.
Venkat Gattamneni, Director of Product
Marketing, Microsoft Corp. said, "Reserving VMs in advance alongside
Azure Hybrid Benefits saves customers up to 82 percent on compute costs.
With RIs, our enterprise customers see great benefit in being able to
budget and forecast better, as well as getting prioritized compute
capacity. We are thrilled that CloudHealth enables them to take
advantage of this value by further simplifying RI management."