Customers to Realize Billions of Dollars in Reduced Cloud Spend and Waste Through Continuous Cost Control
June 6, 2017 (Dulles, VA) – ParkMyCloud, the leading enterprise app for optimizing and reducing cloud spend, today announced that it now supports auto-scheduling for Google Cloud Platform in addition to Amazon Web Services (AWS) and Microsoft Azure. ParkMyCloud launched its “Nest for the cloud” platform in September 2015 to enable public cloud users to automatically turn off idle instances, saving 20-60% on their cloud bills every month. The company has seen rapid customer growth, and customers include companies such as McDonald’s, Fox, Capital One, Sage Software, and Wolters Kluwer.
With the addition of Google Cloud Platform, ParkMyCloud now provides continuous cost control for the three largest cloud providers in the $23 billion public cloud market. This means ParkMyCloud enables enterprises to eliminate wasted cloud spend – a $6 billion problem in 2017 (with the growing public cloud market, that’s a $17 billion problem by 2020).
451 Research Vice President William Fellows said of the announcement, “ParkMyCloud is the first vendor in the single-purpose cost control space to support all three major public cloud providers, which is great news for Azure and Google Cloud users. As companies mature in their use of public cloud and Google’s cloud becomes more relevant, cost control becomes even more of a priority.”
“Google has made enterprises a priority target for their cloud offering this year, so we knew it was imperative that we support these users as quickly as possible,” said ParkMyCloud CEO Jay Chapel. “We’ve helped Fortune 500 and multinational corporations achieve millions in savings on AWS and Azure, and we’re looking forward to doing the same for users of Google Cloud Platform.”
Tosin Ojediran, a DevOps engineer at a financial technology company, explains how the savings and immediate usability of ParkMyCloud made a difference for his organization, saying, “We sent the savings numbers to our CFO, and he said, ‘wow, this is awesome.’ ParkMyCloud was up and running in 5-10 minutes, it was easy to integrate, easy to use, and delivers what it promises.”
With the major milestone of Google Cloud Platform support achieved, ParkMyCloud plans to broaden its offerings within each cloud provider by adding cost-savings functionality for services beyond compute, while continuing to provide innovative features that allow customers to integrate continuous cost control seamlessly into their DevOps processes.
ParkMyCloud is a SaaS platform that helps enterprises optimize their public cloud spend by automatically reducing resource waste — think “Nest for the cloud”. ParkMyCloud has helped customers such as McDonald’s, Capital One, Unilever, Fox and Sage Software dramatically cut their cloud bills by up to 65%, delivering millions of dollars in savings. For more information, visit http://www.parkmycloud.com.