ParkMyCloud Expands Cloud Cost Optimization to Containers

ParkMyCloud Expands Cloud Cost Optimization to Containers

ParkMyCloud’s Amazon EKS Scheduling Enables Enterprises to Identify and Eliminate Billions in Wasted Cloud Spend

March 31, 2020 (Dulles, VA) ParkMyCloud, provider of the leading enterprise platform for continuous cost control in public cloud, has expanded its public cloud cost optimization capabilities to container technology, starting with Amazon Elastic Kubernetes Service (Amazon EKS). 

Wasted cloud spend is a significant problem, draining IT budgets in companies of all sizes and across industry verticals. ParkMyCloud reports that cloud waste will exceed $17.6 billion this year, with container spend accounting for $2.7 billion of that, growing by 60% to $4.3 billion by 2022. 

As is the case with compute and database resources, inefficient use of containers can cause significant wasted cloud spend. Sources of waste include: nonproduction pods that are idle outside of working hours, oversized pods, oversized nodes, and overprovisioned persistent storage. 

Since 2015, ParkMyCloud users have reduced cloud costs by identifying idle and over-provisioned compute and databases resources, and programmatically scheduling and resizing them, saving enterprises around the world tens of millions of dollars. Now, that same scheduling is available to reduce EKS costs. Users can set schedules based on working hours and automatically assign those schedules and resources with policy-driven actions. ParkMyCloud recommends schedules for resources based on actual utilization data. 

“Customers have an immediate need to optimize their Kubernetes spend across the three major cloud providers,” said ParkMyCloud Founder Jay Chapel. “There is a significant pain point around growing wasted spend here, which needs to be addressed through automation and data-driven action – and that’s what ParkMyCloud is now providing.”

Following today’s Amazon EKS support release, ParkMyCloud will soon also support scheduling for Amazon ECS, AWS Fargate, Azure Kubernetes Services (AKS), and Google Kubernetes Engine (GKE), with cluster rightsizing to follow scheduling.

To get started, public cloud users should visit www.parkmycloud.com/free-trial to start a free 14-day trial of the product and receive recommendations for Amazon EKS resources, as well as compute and database resources in AWS, Azure, and Google Cloud. 

About ParkMyCloud

ParkMyCloud, a Turbonomic company, provides a self-service SaaS platform that helps enterprises automatically identify and eliminate wasted cloud spend. More than 1,400 enterprises around the world – including Sysco, Workfront, Hitachi ID Systems, Sage Software, and National Geographic – trust ParkMyCloud to cut their cloud spend by tens of millions of dollars annually. ParkMyCloud allows enterprises to easily manage, govern, and optimize their spend across multiple public clouds. For more information, visit www.parkmycloud.com.

Contact

Katy Stalcup, ParkMyCloud

kstalcup@parkmycloud.com 

New ParkMyCloud “RightSizing” Automates Resource Resizing for Cloud Cost Savings

New ParkMyCloud “RightSizing” Automates Resource Resizing for Cloud Cost Savings

Enterprises Can Reduce Spend by 75% with Data-Driven Optimization

May 30, 2019 (Dulles, VA) – 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 www.parkmycloud.com/free-trial to start a free 14-day trial of the product and to receive their own RightSizing recommendations.

About ParkMyCloud

ParkMyCloud provides an easy-to-use platform that helps enterprises automatically identify and eliminate wasted cloud spend. More than 1,000 enterprises around the world – including Unilever, Sysco, Hitachi ID Systems, Sage Software, and National Geographic – trust ParkMyCloud to cut their cloud spend by millions of dollars annually. ParkMyCloud’s SaaS offering allows enterprises to easily manage, govern, and optimize their spend across multiple public clouds. For more information, visit www.parkmycloud.com.

Contact

Katy Stalcup, ParkMyCloud

kstalcup@parkmycloud.com

ParkMyCloud Achieves AWS Cloud Management Tools Competency Status

ParkMyCloud Achieves AWS Cloud Management Tools Competency Status

March 28, 2019 (Dulles, VA) – ParkMyCloud, provider of the leading enterprise platform for continuous cost optimization in the cloud, announced today that it has achieved Amazon Web Services (AWS) Cloud Management Tools Competency status. This designation recognizes that ParkMyCloud assists AWS customers in provisioning and managing AWS workloads through specialized solutions for administering & provisioning, managing, and optimizing AWS resources.

Achieving the AWS Cloud Management Tools Competency differentiates ParkMyCloud as an AWS Partner Network (APN) member that provides specialized demonstrated technical proficiency and proven customer success with specific focus on workloads based on Resource & Cost Optimization. To receive the designation, APN Partners must possess deep AWS expertise and deliver solutions seamlessly on AWS.

“We live and breathe cloud cost optimization,” said Jay Chapel, ParkMyCloud CEO. “Achieving AWS Cloud Management Tools Competency status validates the purpose we have served since day one: helping companies automate cost control while leveraging the agility and breadth of services that AWS provides.”

AWS is enabling scalable, flexible, and cost-effective solutions from startups to global enterprises. To support the seamless integration and deployment of these solutions, AWS established the AWS Competency Program to help customers identify Consulting and Technology APN Partners with deep industry experience and expertise.

ParkMyCloud helps enterprises automatically identify and eliminate wasted cloud spend through resource rightsizing and automated scheduling based on usage. This automation saves cloud customers time and money.

“We’ve been using ParkMyCloud for three years to automate cost optimization in our AWS environments,” said Melanie Metcalfe, Director of Project Support, Foster Moore. “We’ve now saved more than $2 million using the platform, and look forward to that number continuing to grow.”

About ParkMyCloud

ParkMyCloud provides an easy-to-use platform that helps enterprises automatically identify and eliminate wasted cloud spend. More than 900 enterprises around the world – including Sysco, Workfront, Hitachi ID Systems, Sage Software, and National Geographic – trust ParkMyCloud to cut their cloud spend by millions of dollars annually. ParkMyCloud’s SaaS offering allows enterprises to easily manage, govern, and optimize their spend across multiple public clouds. For more information, visit www.parkmycloud.com.

Media Contact

Katy Stalcup, ParkMyCloud

kstalcup@parkmycloud.com

ParkMyCloud Now Supports AWS GovCloud

ParkMyCloud Now Supports AWS GovCloud

Automated Cloud Cost Optimization Now Available for Public Sector Cloud Users on Amazon Web Services

February 26, 2019 (Dulles, VA) –  ParkMyCloud, provider of the leading enterprise platform for continuous cost control in public cloud, announced today that it now supports AWS GovCloud (US). ParkMyCloud provides automated cost optimization through resource “rightsizing” and automated scheduling based on usage, which together can help cloud users eliminate wasted spend and reduce costs by 65%. In addition to AWS GovCloud, ParkMyCloud supports Amazon Web Services (AWS) commercial regions, Microsoft Azure, Google Cloud Platform, and Alibaba Cloud.

AWS GovCloud (US) is Amazon’s cloud region for sensitive data and regulated workloads. It is used by government customers, organizations in government-regulated industries, and other entities that meet security requirements. The region is highly secure,  subject to FedRAMP baselines, operated by employees who are U.S. citizens on U.S. soil, and requires customers to pass a screening process.

ParkMyCloud for AWS GovCloud resides in a standalone ParkMyCloud SaaS deployment within AWS GovCloud. All ParkMyCloud products meet users’ security guidelines by requiring least-privilege access to cloud resources, so only the state of the resource can be accessed or managed – never the contents. Support includes both regions of AWS GovCloud: the US-West region that was launched in 2011, and the US-East region that was announced in November 2018.

“We currently use ParkMyCloud to manage our AWS commercial resources, which saves us about 45% of the cost,” said Pratap Chilukuri, Lead Enterprise Architect at an IT service management company. “We’ve been looking forward to ParkMyCloud’s AWS GovCloud support so we can achieve the same savings on our GovCloud resources.”

“AWS GovCloud customers have not had a lot of available options for automated cloud cost control and governance,” said ParkMyCloud CEO Jay Chapel. “We’ve received a growing number of requests for this support over the past several months, and we’re happy to deliver it.”

For more information or to request access, please visit www.parkmycloud.com/public-sector.

About ParkMyCloud

ParkMyCloud provides an easy-to-use platform that helps enterprises automatically identify and eliminate wasted cloud spend. More than 800 enterprises around the world – including Sysco, Workfront, Hitachi ID Systems, Sage Software, and National Geographic – trust ParkMyCloud to cut their cloud spend by millions of dollars annually. ParkMyCloud’s SaaS offering allows enterprises to easily manage, govern, and optimize their spend across multiple public clouds. For more information, visit www.parkmycloud.com.

Media Contact

Katy Stalcup, ParkMyCloud

kstalcup@parkmycloud.com

ParkMyCloud Now Available on AWS Marketplace

ParkMyCloud Now Available on AWS Marketplace

ParkMyCloud’s SaaS Offering Available on AWS Marketplace, Providing Easy Adoption for AWS Customers

December 18, 2018 (Dulles, VA) – ParkMyCloud, provider of a leading enterprise platform for continuous cost control in the cloud, announced today that it is now available on Amazon Web Services (AWS) Marketplace. This allows AWS customers to purchase ParkMyCloud directly on AWS Marketplace, making it easier for enterprises to automatically identify and eliminate wasted cloud spend.

Identifying the need to have their services leverage AWS to meet customer demand, ParkMyCloud partnered with Tackle.io to get their listing up and running in less than 4 weeks. ParkMyCloud subscription purchases made on AWS Marketplace will be integrated into a customer’s AWS account and monthly bill for simplified purchasing processes. AWS customers who are enrolled in AWS Enterprise Contracts can purchase ParkMyCloud using pre-approved enterprise licensing terms to simplify and streamline procurement.

“Here at ParkMyCloud, we’re all about providing automation and simplification to our customers,” said ParkMyCloud CEO Jay Chapel. “Streamlining the purchasing process for our customers by extending our SaaS offering through AWS Marketplace is a no brainer.”

This announcement builds on an existing relationship between AWS and ParkMyCloud. ParkMyCloud is an Advanced Technology Partners in the AWS Partner Network (APN), and more than 600 AWS customers worldwide use ParkMyCloud to automatically optimize cloud costs.

Find out more information about ParkMyCloud’s solution on AWS Marketplace.

About ParkMyCloud

ParkMyCloud provides an easy-to-use platform that helps enterprises automatically identify and eliminate wasted cloud spend. More than 800 enterprises around the world – including Sysco, Workfront, Hitachi ID Systems, Sage Software, and National Geographic – trust ParkMyCloud to cut their cloud spend by millions of dollars annually. ParkMyCloud’s SaaS offering allows enterprises to easily manage, govern, and optimize their spend across multiple public clouds. For more information, visit https://www.parkmycloud.com.

Media Contact

Katy Stalcup, ParkMyCloud

kstalcup@parkmycloud.com

ParkMyCloud Adds Rightsizing to Enable Enterprises to Better Optimize Cloud Costs

ParkMyCloud Adds Rightsizing to Enable Enterprises to Better Optimize Cloud Costs

Cloud cost optimization leader adds new method to address cloud waste to improve cloud users’ efficiency

November 21, 2018 (Dulles, VA) – ParkMyCloud, provider of the leading enterprise platform for continuous cost control in public cloud, announced today that its cost optimization platform has now expanded to provide “rightsizing”. Rightsizing is a way to reduce wasted cloud spend by resizing cloud resources, and can provide significant savings: just by moving a virtual machine down one size tier, 50% or more  — and resources are often so overprovisioned that multiple size transitions are possible, raising that savings to 75% or more.

This 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.

This release marks the first step to a fully automated instance “SmartSizing”, which ParkMyCloud will release in January 2019. SmartSizing will take rightsizing a step further by actually automating size corrections, requiring little management on the part of the user.

“With each release of the ParkMyCloud platform, we’re delivering customers another piece of the puzzle they need to fully automate multi-cloud cost optimization,” said Bill Supernor, ParkMyCloud’s Chief Technology Officer. “We developed rightsizing in close contact with customers based on their needs, and initial feedback has been positive.”

ParkMyCloud will demo the new functionality at AWS re:Invent, November 26th through November 29th, and invites attendees to visit the company in the expo hall at booth #1709.

About ParkMyCloud

ParkMyCloud provides an easy-to-use platform that helps enterprises automatically identify and eliminate wasted cloud spend. More than 800 enterprises around the world – including Unilever, Sysco, Hitachi ID Systems, Sage Software, and National Geographic – trust ParkMyCloud to cut their cloud spend by millions of dollars annually. ParkMyCloud’s SaaS offering allows enterprises to easily manage, govern, and optimize their spend across multiple public clouds. For more information, visit www.parkmycloud.com.

Contact

Katy Stalcup, ParkMyCloud

kstalcup@parkmycloud.com