It’s that time of year again at ParkMyCloud’s cloud optimization headquarters. Summer is in full swing, the 4th of July is on Thursday, and the USWNT is in World Cup semi-finals – let’s GO USA. And, of course, ParkMyCloud is four years old. 

Anniversaries in Review

We always like to take a moment of reflection on these anniversaries –– here are our previous ones, if you’re curious:

These snapshots really give perspective to both how the company and the market are changing!

Our 4th Year: Cloud Cost Optimization Meets Application Resource Management

This past year has been a big one for ParkMyCloud. As you may be aware we were acquired in May by Turbonomic, the leader in application resource management. In the short time since that acquisition, things have been nothing but positive for ParkMyCloud and our customers. ParkMyCloud remains a separate brand and we continue to invest in the product and add new features to the platform to help our customers automate cost control for AWS, Azure and Google clouds. We now have more than 1,100 organizations in more than 50 countries using ParkMyCloud, achieving an average ROI of 815%. Yes, you read that correctly – 815%!

A few interesting trends found in the cloud usage tracked in our platform over the last 12 months: 

  • There are now more Google Cloud projects being managed in the ParkMyCloud platform than Azure subscriptions, but conversely are more Azure resources than Google resources.
  • We now see ParkMyCloud customers using both Azure and Google Cloud together. This is new – in the past we have seen combinations of AWS and Azure as well as AWS and Google Cloud. 
  • Every large enterprise that was using AWS exclusively 2-3 years ago now also has some Azure resources in the platform. Combined with the last data point, you can see how multi-cloud is truly the current reality.
  • The resource count in the platform is up over 600% over the last year. Obviously organic growth and the acquisition of new customers drives this, but we have seen a big uptick in the use of scale groups and analytics workloads, an effect of greater needs for elasticity.

Looking Ahead: Bigger and Better Cloud Optimization and Automation Coming Soon

The big news for our customers this year has been the addition of rightsizing to the platform. We currently support automated rightsizing for AWS and Google Cloud, and will have Azure complete in a few weeks. Soon, we’ll also be offering scheduled resizing which will give you flexibility to align resizing with your internal maintenance windows and other specific times to minimize downtime. During the second half of this year, we plan to add support for containers, snapshot management and the ability to identify AWS Reserved Instances. This last addition will help users see how they are utilizing their Reserved Instances and whether their utilization needs to match their reservations. Users will also be able to plan Reserved Instance purchases based on their uptime needs, better matching reservations vs. on-demand resources with schedules. 

How do we develop this roadmap and stay on a path of constant improvement? We have a lot of customer conversations and get great input from our customers on our Slack channel. We hear about containers, serverless and other more advanced PaaS offerings that users would like to manage in addition to the main culprit of cloud waste, oversized and idle resources.

As always, we are open to feedback on what’s most important to you. What would help you optimize your cloud environment? Let us know in the comments below (or if you prefer, Slack or email.) 

If we don’t hear from you, we will make these ground-breaking decisions on a warm Tuesday evening at Crooked Run Brewery in Sterling, VA (that’s where some of our best ideas come from). If you are in the vicinity, swing by for a beer!

About Jay Chapel

Jay Chapel is the CEO and co-founder of ParkMyCloud. After spending several years in the cloud management space, Jay saw that there was no simple solution to the problem of wasted cloud spend - which led him to start ParkMyCloud in 2015. Before that, he spent 10+ years with Micromuse and IBM Tivoli, a provider of business infrastructure management software. After an acquisition by IBM, he led the successful sales integration and subsequent growth of the IBM Tivoli/Netcool business in Europe. He also held several regional and worldwide sales roles in Switzerland, the UK and the US. Jay earned both a BA in Finance and an MBA from West Virginia. Those few hours a month that Jay’s not busy with ParkMyCloud’s growth and success, you can find him on the ski slopes, on the soccer field, or on the golf course often accompanied by his three kids.

Want tips, tricks, and insights for an optimized cloud?

> No, I like wasting time and money.