& cplSiteName &

CloudHealth, ParkMyCloud Partner to Rein in Enterprise Cloud Costs

Mitch Wagner

Looking to corral cloud spending? CloudHealth and ParkMyCloud are partnering to help.

The two companies said Thursday that they are combining technologies to let cloud users gain visibility into spend and automate optimizing workloads to reduce costs.

CloudHealth is about four years old, with 240 employees, headquartered in Boston, with 1,800 customers in every industry, and 100 managed services provider partners. Customers include companies born in the cloud, such as Airbnb and Trello, as well as established companies making the transition, CloudHealth CEO Tom Axbey tells Enterprise Cloud News.

CloudHealth's service provides visibility into spending and tools for optimization and governance, for enterprise IT and finance organizations. The service works with Amazon Web Services Inc. , Microsoft Azure , and is in beta with Google Cloud Platform .

"People have no visibility into the predictability of their cloud spend," Axbey says. "They don't know what services they're using in the cloud in different departments. We give them that insight."

Keep up with the latest enterprise cloud news and insights. Sign up for the weekly Enterprise Cloud News newsletter.

Enterprises now over-commit on cloud resources and spend too much for their needs, Axbey says. He compared today's situation to the old days of client/server computing, when enterprises over-provisioned server hardware because they did not understand those needs.

The problem, he says, will disappear in a few years when enterprises understand the cloud better. "They'll have different problems then," he said.

ParkMyCloud brings automation to the partnership. The company, with 325 customers and ten partners in 20 countries, automates the ability to turn off services when they're not being used, supporting AWS, Azure and Google, ParkMyCloud CEO and founder Jay Chapel tells Enterprise Cloud News.

For example, a developer team might only need servers for ten hours per weekday, and not on nights or weekends; ParkMyCloud's service shuts off cloud services automatically when they are not needed, using information from CloudHealth and other platforms.

CloudHealth provides recommendations to finance and IT, says Chapel: "Our platform allows the operational people to automate it and make it repetitive."

Axbey says, "You've got the straight line of operational efficiency from DevOps and people who do the task, all the way to finance and management."

Multiple vendors are competing to provide tools to reduce cloud costs -- including some big industry guns.

Cisco Systems Inc. (Nasdaq: CSCO) acquired cloud optimization specialist Cmpute.io last month to help enterprises cut multicloud costs. (See Cisco Acquiring Cloud Optimization Specialist Cmpute.io.)

In June Microsoft Corp. (Nasdaq: MSFT) acquired a small Israeli company, Cloudyn, that helps enterprises control costs of running applications on Azure as well as Amazon, Google and OpenStack clouds. (See Microsoft's Cloudyn Buy Boosts Multi-Cloud Strategy.

Hewlett Packard Enterprise launched OneSphere in November to help enterprises manage multiple cloud services. (See HPE OneSphere Looks to Manage Multiple Clouds Through SaaS.)

And VMware Inc. (NYSE: VMW) updated its vRealize cloud management platform in June to let users move workloads on the fly to wherever they're least expensive, with support for Amazon Web Services, Microsoft Azure and on-premises VMware-based private cloud. (See VMware Lets You Fiddle With Your Hybrid Cloud to Cut Costs.)

Related posts:

— Mitch Wagner Follow me on Twitter Visit my LinkedIn profile Visit my blog Follow me on Facebook Editor, Enterprise Cloud News

(5)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
More Blogs from Wagner’s Ring
IBM and Cisco are working with Europe's largest port to reduce fuel consumption and other costs and improve safety.
In which we receive an alarming email from Oracle.
SD-WAN is about more than saving money – it also provides application delivery, insights and reliability. Find out more in this podcast sponsored by Citrix.
Platform is designed to enable enterprises to build big data analytics apps that move easily between public and private clouds.
Buying Evident.io extends Palo Alto's portfolio with API-based security capabilities and compliance automation.
Featured Video
From The Founder
John Chambers is still as passionate about business and innovation as he ever was at Cisco, finds Steve Saunders.
Flash Poll
Upcoming Live Events
September 12, 2018, Los Angeles, CA
September 24-26, 2018, Westin Westminster, Denver
October 9, 2018, The Westin Times Square, New York
October 23, 2018, Georgia World Congress Centre, Atlanta, GA
November 6, 2018, London, United Kingdom
November 7-8, 2018, London, United Kingdom
November 8, 2018, The Montcalm by Marble Arch, London
November 15, 2018, The Westin Times Square, New York
December 4-6, 2018, Lisbon, Portugal
All Upcoming Live Events
Hot Topics
Adtran Will Be a 5G Winner, Says Analyst
Iain Morris, News Editor, 7/19/2018
Telecom Jargonosaurus Part 1: Repeat Offenders
Iain Morris, News Editor, 7/13/2018
Get Off My Wireline Lawn!
Carol Wilson, Editor-at-large, 7/17/2018
Trump Trashes EU's $5B Google Fine
Dan Jones, Mobile Editor, 7/19/2018
Eurobites: EU Socks Google With $5B Monster-Fine for Android Control-Freakery
Paul Rainford, Assistant Editor, Europe, 7/18/2018
Upcoming Webinars
Webinar Archive
Animals with Phones
Casual Tuesday Takes On New Meaning Click Here
When you forget your pants.
Latest Comment
Live Digital Audio

A CSP's digital transformation involves so much more than technology. Crucial – and often most challenging – is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company — Tribold — from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.

Like Us on Facebook
Twitter Feed