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ParkMyCloud Announces ‘SmartParking’ For Automated Cloud Cost Optimization

By   /  January 11, 2018  /  No Comments

by Angela Guess

A new press release states, “ParkMyCloud, the leading enterprise platform for continuous cost control in public cloud, announced today that it has released SmartParking(TM) for automated cloud cost optimization. The ParkMyCloud platform helps Amazon Web Services (AWS), Microsoft Azure, and Google Cloud customers save money on cloud resources by automatically integrating cost control into their DevOps processes. ParkMyCloud saves money by scheduling cloud resources to turn off when they are not needed – which they call ‘parking’. With the new SmartParking release, the ParkMyCloud platform will look for patterns in utilization data from AWS CloudWatch, and create recommend schedules for each instance to turn them off when they are typically idle. This minimizes idle time to maximize savings on cloud resources – saving customers 65% or more.”

The release goes on, “Like an investment portfolio, users can choose to receive SmartParking schedules that are ‘conservative’, ‘balanced’, or ‘aggressive’ — where conservative schedules protect all historic “on” times, while aggressive schedules prioritize maximum savings. ‘ParkMyCloud has helped my team save so much on our AWS bill already, and SmartParking will make it even easier,’ said ParkMyCloud customer Tosin Ojediran, DevOps Engineer at a FinTech company. ‘The automatic schedules will save us time and make sure our instances are never running when they don’t need to be’.”

Read more at PRweb.

Photo credit: ParkMyCloud

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