Automation engine from AWS cost optimization leader ParkMyCloud will eliminate wasted cloud spend, making dent in $5.6 billion problem
Sterling, VA, October 24th, 2016 – ParkMyCloud announced that it has released “Zero-Touch Parking” – a first-of-its-kind automation engine that applies start/stop schedules and policies to cloud instances. Zero-Touch Parking is a game-changing addition to ParkMyCloud’s cloud cost optimization platform, as it allows users to “take their hands off the wheel” and let ParkMyCloud apply the parking schedules — automatically.
Up to $5.6 billion is wasted every year on public cloud resources that are not being used during evenings and weekends for development, testing, and staging environments. In its first year, ParkMyCloud’s programmable “light switch” for cloud environments has already saved its customers over $1 million (an average ROI of 1700%). As its reach grows, ParkMyCloud expects this to grow 500% to over $5 million in savings during year 2.
In addition to automated cost savings with Zero-Touch Parking, ParkMyCloud’s new policy engine increases security and eases governance. Administrators can create rules to automatically assign instances to teams of users, and to protect certain instances, such as mission-critical production environments, from accidentally being turned off by users.
“Zero touch parking and the associated policy engine enables ParkMyCloud to take its position as a ‘Nest’ for the cloud cost optimization market using analytics and automation,” said CTO Dale Wickizer. “This new, powerful engine – our most-requested feature – will help our users save a significant amount of time managing their cloud resources.”
Next on the horizon for ParkMyCloud is expansion to support additional cloud providers beyond Amazon Web Services (AWS). ParkMyCloud plans to support Microsoft Azure at the beginning of 2017, with Google Cloud Platform to follow.
ParkMyCloud is a simple, single-purpose SaaS tool that enables users to automatically schedule on/off times for their idle cloud computing servers (also known as “parking”). Users save up to 60% on cloud server spend by paying only for the time they actually use to avoid wasted spending. Customers include McDonald\\\’s, Sage Software, Neustar, Avid, Wolters Kluwer and Tristar Medical Group. For more information, visit http://www.parkmycloud.com.