ParkMyCloud and CloudHealth team up for greater multi-cloud optimisation tools
It’s certainly a sign that the cloud industry is seriously mature – when we’re not just talking about multiple clouds, but multiple cloud management providers.
ParkMyCloud and CloudHealth Technologies, two companies in the cloud optimisation and management space, have announced an extension of their partnership with multi-cloud in mind.
The integrated product aims to offer the best of both companies’ offerings. SmartParkingTM, part of ParkMyCloud which offers recommendations to optimise the ‘on’ and ‘off’ time of resources, is now manageable through the CloudHealth platform, alongside the latter’s recommendations to optimise public and private cloud resources.
The partnership was first announced at the start of this year with automation being the name of the game in terms of the contribution ParkMyCloud brought. One early customer who was utilising both successfully was Connotate, an AI startup that automates web data collection and monitoring, who was able to reduce costs by up to 65% automatically, as well as automated AWS, Azure, and Google Cloud Platform scheduling in 15 minutes.
Writing exclusively for this publication in July, Jay Chapel, co-founder and CEO of ParkMyCloud, cited on-demand instances and VMs, relational databases, load balancers, and containers as the four cloud resources most likely to squeeze budgets without due care and attention.
“Most non-production resources can be parked about 65% of the time – that is, parked 12 hours per day and all day on weekends,” wrote Chapel. “Many of the companies I talk to are paying their cloud providers an average list price of $220 per month for their instances. If you’re currently paying $220 per month for an instance and leaving it running all the time, that means you’re wasting $143 per instance per month.
“Maybe that doesn’t sound like much – but if that’s the case for 10 instances, you’re wasting $1.430 per month,” added Chapel. “One hundred instances? You’re up to a bill of $14,300 for time you’re not using.
“That’s just a simple micro example – at a macro level, that’s literally billions of dollars in wasted cloud spend.”
The move also marks the first business CloudHealth has announced since it was acquired by VMware at the end of last month.