cloudtamer.io,
an innovative software company providing the leading multi-cloud
governance solution, announced today its newest feature to optimize
customers' cloud spend across providers to identify savings
opportunities. The announcement comes at the start of ONUG Fall 2020,
an industry-leading event focused on enterprise, DevSecOps, and
automation, where cloudtamer.io is participating in the Multi-cloud
Automated Governance working group, as well as contributing to the ONUG blog on cloud governance.
The
newest feature in cloudtamer.io's roster of offerings will scan
customer's cloud environments to identify abandoned and underutilized
resources, which will then be displayed on a dashboard as "Savings
Opportunities" within the application. Users are able to scan on demand
or on a schedule. The near-real-time view allows users to evaluate
potential cloud savings that might ordinarily go unnoticed for weeks,
months, or even years.
"Moving
to the cloud lowers the barrier to entry for companies building
applications and managing workloads. While it's easy to spin up
resources and access the services needed, it's also very easy to forget
about the resources that are no longer needed or are overprovisioned
based on the current usage of the system," said cloudtamer.io CEO and
co-founder Brian Price. "When a company is scaling quickly in the cloud,
it's difficult to focus the time and be disciplined enough to go back
to identify abandoned resources until it's too late. By then,
unnecessary costly spends have already occurred."
The
Saving Opportunities feature will identify rightsizing and
decommissioning opportunities. Rightsizing opportunities identify
resources with utilization patterns that suggest where a customer can
save money by scaling back, such as Amazon EC2 instances with very low
CPU utilization. Decommissioning opportunities identify resources that
are not being used and can be decommissioned. In addition to identifying
these opportunities, the feature will also display how long resources
have been in existence and will provide an estimate of how much money
will be saved if action is taken.
"We
are giving our customers increased visibility into spending that might
ordinarily go unnoticed for some time," continued Price. "Given the
pressure many industries are facing to reduce internal costs due to the
uncertain duration of COVID-19's impact to their businesses, we wanted
to provide this timely feature, making it one less thing our customers
need to worry about. The cloud is already complex enough; our goal is to
help take the guesswork out of cost savings."
Highmetric's Chief Technology Officer Brett Miller, a strategic services partner and user of the Savings Opportunities feature,
stated, "When our team ran cloudtamer.io's savings opportunities
analysis against a subset of resources within our AWS environment, we
identified 50% in savings on those resources by simply downsizing the
overprovisioned EC2 and RDS instances. Given the success we have seen
internally, I'm very excited to see how we can help our customers
identify savings and put more money toward higher-impact activities that
will improve their business."