AWS Cost Management

Amazon produces a number of tools for AWS cost management, but few are as effective and versatile as ParkMyCloud´s software for managing Amazon EC2. Indeed, whereas as many of Amazon´s tools are retrospective in regard to seeing where money has been spent, ParkMyCloud´s AWS cost management software allows enterprises to see in advance where money can be saved.

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The primary feature of ParkMyCloud´s software for managing Amazon EC2 costs is one that allows enterprises to temporarily stop – or “park” – non-production instances when they are not required. As you will see in our “Financial Benefits” section below, by parking non-production instances enterprises can save more than 70% on the cost of deploying them on AWS EC2.

Our AWS cost management software also provides a single dashboard view of all an enterprise´s AWS accounts. With this information, administrators can create permission tiers within accounts, monitor activity within them, give developers control of their own instances, and make informed decisions about how to best allocate resources.

How Software for Managing Amazon EC2 Costs Works

ParkMyCloud´s AWS cost management software automates the process of logging into the Amazon console to switch on or switch off each non-production instance. Implementing the software not only saves time but removes any risk that the instances will be left running when idle due to human error. ParkMyCloud also spares enterprises the need to reassign resources in order to develop their own scheduling scripts.

The software for managing Amazon EC2 is simple to use. Users connect to their AWS services through the ParkMyCloud dashboard and log on using their IAM or IAM credentials. The app identifies each AWS EC2 instance, and recommends which should be switched off when not required based on the names and tags assigned to them.

After the user accepts or amends the recommendations, the UI displays a grid displaying days of the week and times of the days. The days and hours when the non-production instances are not required should be highlighted by the user, after which the UI displays the projected savings. As the non-production instances are parked, actual savings will begin to accumulate

The Financial Benefits of AWS Cost Management Software

Subject to the number of non-production instances that have been parked, the financial benefits of AWS cost management software are significant. Most enterprises will park their development, testing, and staging instances at weekends and for about 14 hours on weekdays, such as between the hours of 7:00pm and 9:00am – reducing the cost of deployment on Amazon´s cloud computing platform by more than 70%.

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Some parking schedules can save even more money. If, for example, an enterprise was to schedule its non-production instances to be parked by default – and the scheduled snoozed when the instances were required – they could assign all their production instances to the AWS “Reserved Instances” pricing option and reduce their AWS EC2 costs by the maximum possible.

As well as the organizational and financial benefits of AWS cost management software, there are other security benefits of software for managing Amazon EC2. While the non-production instances are parked, they are cannot be accessed without authorization. This eliminates the risks of hacking and data thefts, and the need for the parked instances to be monitored or scanned while idle.

What Parking Schedule is Best For You?
DaysOff TimeOn TimeYou Save
Monday – Sunday9.00 p.m.7.00 a.m.41%
Monday – Sunday8.00 p.m.8.00 a.m.50%
Monday – Saturday7.00 p.m.8.00 a.m.61%
Monday – Saturday10.00 p.m.6.00 a.m.43%
Monday – Friday8.00 p.m.7.00 a.m.67%
Monday – Friday7.00 p.m.9.00 a.m.70%


Try ParkMyCloud´s AWS Cost Management Software for Free

Clients already reducing their AWS costs with our software for managing Amazon EC2 are very happy with the results. Among our case studies, global audio and video technology company Avid reduced their AWS costs by $55,000 per year, motorcycle app developer Wolfpack cut their cloud computing costs by 65%, and international software development company Foster Moore enforced user governance with a 30%-40% cost saving.

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We are inviting businesses of all sizes to try ParkMyCloud´s AWS cost management software free for thirty days. Our trial offer enables enterprises to test the effectiveness and versatility of ParkMyCloud in their own environment with no credit card required, no contract to sign, and no commitment to continue with our software for managing Amazon EC2 once the trial period has expired. Best of all, however much is saved using our software for managing Amazon EC2 is theirs to keep.

To find out more about our free offer, or to ask any questions about AWS cost management software, do not wait to contact us. Our team of experienced Customer Services Representatives will be happy to assist you with any questions you have and walk you through the features on ParkMyCloud. Within fifteen minutes, you could be keeping your budgets under control, governing your AWS accounts and optimizing your resources effectively with our AWS cost management software.

  • ParkMyCloud is a simple SaaS tool for automating parking schedules.
  • It works on all three leading Cloud Service Providers (AWS, Azure and GCP).
  • Our scheduling software recommends which instances are suitable for parking.
  • Parking schedules can be applied with the click of a mouse. No coding required.
  • Secondary benefits included improved security, governance and accountability.
  • Try ParkMyCloud today for free and witness to easy way to effective AWS cost management.

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  • Automate scheduling with policies – integrate into your DevOps process
  • Govern user access and gain visibility across regions and public cloud accounts
  • Try it free with a 14-day trial of premium features. Free forever version available
  • Join enterprises like McDonald’s, Fox, Unilever, Sage, Sysco, and Siemens that use ParkMyCloud
  • Automatically turn off idle cloud resources to save 65%

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