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

Press Release: ParkMyCloud and CloudHealth Technologies Announce Integration for Optimized Cloud Cost Management

ParkMyCloud, Leader in Automated Cost Optimization, and CloudHealth Technologies, Leader in Hybrid Cloud Governance, Integrate to Provide End-to-End Multi-Cloud Cost Control

September 6, 2018 (Dulles, VA) – ParkMyCloud, the leading enterprise platform for continuous cost control in public cloud, and CloudHealth Technologies, trusted cloud management platform provider, today announced that they have furthered their partnership with a technology integration that provides customers with end-to-end multi-cloud cost control and visibility.

More than $12.9 billion will be wasted on unused cloud resources this year – which means public cloud users have an immediate need for automated savings and governance. Customers leveraging ParkMyCloud and CloudHealth’s integrated solution are empowered to reduce this cloud waste – in fact, customers already using both platforms currently save an average of more than $25,000 monthly on their cloud bills.

Our joint customers experience a seamless, integrated solution, including:

  • ParkMyCloud’s SmartParkingTM recommendations to optimize resource on/off time, which can be actioned for savings in a matter of clicks, now manageable through the CloudHealth platform
  • CloudHealth’s recommendations to optimize public and private cloud resources with complete security
  • Analytics and reporting on spending and savings by environment, department, application, resource and more, providing visibility to make smarter business decisions.

“What we need to manage and optimize our cloud environments is cost control, user governance, and detailed reporting,” said Melanie Metcalfe, Director of Project Support at Foster Moore. “It makes our cloud operations simpler and easier when solutions from different vendors are integrated out of the box, and we’re glad to see CloudHealth and ParkMyCloud making this a reality.“

“We’re seeing a trend of more and more companies using multiple clouds,” said ParkMyCloud CEO Jay Chapel. “What single- and multi-cloud customers have in common are skyrocketing bills, and they don’t have the time or resources to control these costs. We solve this problem by providing an automated cost control solution. By combining this with CloudHealth’s visibility and governance, customers can achieve end-to-end cloud cost optimization and governance.”

This announcement continues the momentum in the multi-cloud management space kicked off by last week’s news that VMware will acquire CloudHealth to provide multi-cloud operations at a global scale.

ParkMyCloud and CloudHealth first announced a business partnership earlier this year. To learn more about how the two companies are empowering customers, together, visit https://www.cloudhealthtech.com/partners/integration-partners/parkmycloud.

About ParkMyCloud

ParkMyCloud is a SaaS platform that automatically identifies and eliminates public cloud resource waste, reducing spending by 65% or more — think “Nest for the cloud.” AWS, Azure, Google Cloud, and Alibaba Cloud users such as McDonald’s, Sysco, Unilever, Fox, and Sage Software have used ParkMyCloud to cut their cloud spending by millions of dollars annually. ParkMyCloud helps companies like these optimize and govern cloud usage by integrating cost control into their DevOps processes. For more information, visit https://www.parkmycloud.com.

Contact

Katy Stalcup

kstalcup@parkmycloud.com

(571) 334-3291

About CloudHealth Technologies

CloudHealth Technologies provides the world’s most trusted software platform for accelerating business transformation in the cloud. More than 3,500 organizations globally rely on CloudHealth to manage over $5B in combined cloud spend, based on the platform’s ability to easily manage cost, ensure security compliance, improve governance and automate actions across multi-cloud environments. Known for offering the highest levels of data integrity throughout an organization’s entire cloud journey, CloudHealth is the platform of choice for leading enterprises and service providers, such as Pinterest, Yelp, Dow Jones, Zendesk, Skyscanner and SHI. With offices around the globe, the company is backed by Kleiner Perkins, Meritech, Sapphire Ventures, Scale Venture Partners, .406 Ventures and Sigma Prime Ventures.

For more information, visit us at www.cloudhealthtech.com or follow us @cloudhealthtech.