ParkMyCloud, provider of the leading enterprise platform for continuous cost
control in public cloud, has announced that its platform now recommends
resource "RightSizing" changes for cost optimization on Amazon Web
Services (AWS) and Google Cloud Platform (GCP). These changes can save up to
75% on oversized instances and databases.
The problem posed by oversized resources is significant. ParkMyCloud data
shows that 95% of resources under the platform's management are operating at
less than 50% average CPU, showing patterns of significant underutilization and
overprovisioning. Moving a virtual machine size down one tier will save 50%.
Many instances are so overprovisioned that changes by two or more tiers make
more sense, allowing for 75% or higher savings. Users can also save money by
modernizing instances. The cloud providers incentivize instance modernization
by pricing the newest generations the lowest.
RightSizing joins ParkMyCloud's "parking" functionality, which
automatically schedules non-production cloud resources, such as those used for
development, testing, staging, and QA, to turn off when they're not needed.
With a typical schedule that parks a resource for 12 hours each night and on
weekends, users can save 65% of the cost of their resources. Combined with
rightsizing, this means that an average cloud user is poised to reduce overall
costs in their cloud environment from 50-80% or more.
"Not only can rightsizing provide significant savings, but it takes the
burden of tedious and murky decisions off the shoulders of users," said
ParkMyCloud Founder Jay Chapel. "The real advantage for enterprise cloud
users is automation."
To get started, public cloud users should visit
http://www.parkmycloud.com/free-trial to start a free
14-day trial of the product and to receive their own RightSizing recommendations.