Cloud Cost Optimization Simplified For Quick Return On Investment

Cloud Cost Optimization Simplified For Quick Return On Investments

Nilesh Deo
Senior Technical Product Marketing Manager
Published:
Mar. 18, 2019
2 minute read

I am happy to announce that the next-generation of public cloud cost management from CloudHealth is here. The latest capabilities are designed to radically change how our customers, who are leveraging thousands of resources in public cloud, manage their cloud environments.

Enterprises turn to the cloud for its promise of agility, security, and faster time to market, but all too often cost challenges derail these efforts and prevent businesses from capitalizing on the cloud’s full potential for transformation.

We addressed this challenge head-on and are happy to announce a solution that mitigates your cost management concerns at scale. So, what are we announcing? Let’s take a look at some of the features:

 

Unified visibility across all clouds (and containers)

Our new Multicloud report helps you understand your environment better across Amazon Web Services, Google Cloud Platform, VMware vSphere, and Microsoft Azure. All of this in a single report which you can customize further based on your needs. We’ve also added complete Kubernetes cluster visibility from one single report. Now you can understand the cluster consumption by team, function, application, or person.

Dynamic on-demand reporting 

This new way of reporting lets you import more data than before and enables you to slice and dice information more effectively. You can pull resource usage, capacity planning, and governance level information into a single report for complete transparency of your cloud environment. Is your organization struggling to model showback or chargeback? This report gets you one step closer to your goal of increased accountability and control.

One report to close the books

As your organization’s cloud use matures, it becomes important to understand your complete cloud consumption cost—not just how much an instance costs—but also how to amortize it over its life. If you’re a heavy consumer of AWS this is an overwhelming task often relying on spreadsheets and long hours. That’s why we created a single unified amortization report for six reservable AWS services: EC2, RDS, RedShift, Elasticsearch, Elasticache, and DynamoDB. With one single report, you can close your books on time and accurately.

Save time (and money!) with Convertible Reservation Exchange Automation

Purchasing Amazon EC2 Reserved Instances (RIs) is one of the most effective ways to reduce your cloud spend, however, RIs require continuous monitoring and management. Many organizations prefer Convertible RIs for their flexibility, but calculating Convertible Exchanges with spreadsheets presents the possibility of error and takes countless hours. The CloudHealth EC2 Convertible RI Exchanger now provides the highest savings while limiting additional investment, saving you tens or even hundreds of thousands of dollars in a matter of minutes by automating the entire RI Exchange process with the click of a button.

This is just scratching the surface of some of the new and exciting enhancements we’re announcing today. We’ve also added enhancements to our AWS EC2 Rightsizing, granular analysis of Amazon Workspaces, and more. Stay tuned for future blog posts outlining these enhancements.

We are proud to announce such a rich feature set for our advanced cloud customers who need more visibility to balance their spending and efficiencies while adding more accountability. This is a big step towards solving your next-gen public cloud challenges. We are ready for this journey, are you?