DevOps.com

  • Latest
    • Articles
    • Features
    • Most Read
    • News
    • News Releases
  • Topics
    • AI
    • Continuous Delivery
    • Continuous Testing
    • Cloud
    • Culture
    • DevSecOps
    • Enterprise DevOps
    • Leadership Suite
    • DevOps Practice
    • ROELBOB
    • DevOps Toolbox
    • IT as Code
  • Videos/Podcasts
    • DevOps Chats
    • DevOps Unbound
  • Webinars
    • Upcoming
    • On-Demand Webinars
  • Library
  • Events
    • Upcoming Events
    • On-Demand Events
  • Sponsored Communities
    • AWS Community Hub
    • CloudBees
    • IT as Code
    • Rocket on DevOps.com
    • Traceable on DevOps.com
    • Quali on DevOps.com
  • Related Sites
    • Techstrong Group
    • Container Journal
    • Security Boulevard
    • Techstrong Research
    • DevOps Chat
    • DevOps Dozen
    • DevOps TV
    • Digital Anarchist
  • Media Kit
  • About
  • AI
  • Cloud
  • Continuous Delivery
  • Continuous Testing
  • DevSecOps
  • Leadership Suite
  • Practices
  • ROELBOB
  • Low-Code/No-Code
  • IT as Code
  • More
    • Application Performance Management/Monitoring
    • Culture
    • Enterprise DevOps

Home » Latest News Releases » ParkMyCloud Adds Rightsizing to Enable Enterprises to Better Optimize Cloud Costs

ParkMyCloud Adds Rightsizing to Enable Enterprises to Better Optimize Cloud Costs

By: Deborah Schalm on November 26, 2018 Leave a Comment

Cloud cost optimization leader adds new method to address cloud waste to improve cloud users’ efficiency

Recent Posts By Deborah Schalm
  • Exabeam Reinvents Security Analytics with Fusion XDR and Fusion SIEM Cloud Products to Address Security Needs at Scale
  • New Study Reveals Importance of Optimized Strategy for the Selection, Support, and Maintenance of Open Source Software
  • Applitools Integrates With Rally for Fast and Automated Bug Management
More from Deborah Schalm
Related Posts
  • ParkMyCloud Adds Rightsizing to Enable Enterprises to Better Optimize Cloud Costs
  • ParkMyCloud Announces Scale Group Parking for Microsoft Azure and Google Cloud Platform
  • DevOps Chat: ParkMyCloud Saves Wolfpack App Over 50 Percent on Cloud
    Related Categories
  • Latest News Releases
    Related Topics
  • ParkMyCloud
Show more
Show less

November 21, 2018 (Dulles, VA) – ParkMyCloud, provider of the leading enterprise platform for continuous cost control in public cloud, announced today that its cost optimization platform has now expanded to provide “rightsizing”. Rightsizing is a way to reduce wasted cloud spend by resizing cloud resources, and can provide significant savings: just by moving a virtual machine down one size tier, 50% or more  — and resources are often so overprovisioned that multiple size transitions are possible, raising that savings to 75% or more.

DevOps Connect:DevSecOps @ RSAC 2022

This joins ParkMyCloud’s “parking” functionality, which automatically schedules non-production cloud resources, such as those used for development, testing, staging, and QA, to turn off when they’re not needed. With a typical schedule that parks a resource for 12 hours each night and on weekends, users can save 65% of the cost of their resources. Combined with rightsizing, this means that an average cloud user is poised to reduce overall costs in their cloud environment from 50-80% or more.

This release marks the first step to a fully automated instance “SmartSizing”, which ParkMyCloud will release in January 2019. SmartSizing will take rightsizing a step further by actually automating size corrections, requiring little management on the part of the user.

“With each release of the ParkMyCloud platform, we’re delivering customers another piece of the puzzle they need to fully automate multi-cloud cost optimization,” said Bill Supernor, ParkMyCloud’s Chief Technology Officer. “We developed rightsizing in close contact with customers based on their needs, and initial feedback has been positive.”

ParkMyCloud will demo the new functionality at AWS re:Invent, November 26th through November 29th, and invites attendees to visit the company in the expo hall at  booth #1709.

About ParkMyCloud

ParkMyCloud provides an easy-to-use platform that helps enterprises automatically identify and eliminate wasted cloud spend. More than 800 enterprises around the world – including Unilever, Sysco, Hitachi ID Systems, Papa John’s, and National Geographic – trust ParkMyCloud to cut their cloud spend by millions of dollars annually. ParkMyCloud’s SaaS offering allows enterprises to easily manage, govern, and optimize their spend across multiple public clouds. For more information, visit www.parkmycloud.com.

Filed Under: Latest News Releases Tagged With: ParkMyCloud

Sponsored Content
Featured eBook
The 101 of Continuous Software Delivery

The 101 of Continuous Software Delivery

Now, more than ever, companies who rapidly react to changing market conditions and customer behavior will have a competitive edge.  Innovation-driven response is successful not only when a company has new ideas, but also when the software needed to implement them is delivered quickly. Companies who have weathered recent events ... Read More
« Red Hat Injects DevOps Flexibility into RHEL 8
Logz.io Launches Metrics Application, Unveiling the Only Unified Solution for Monitoring, Troubleshooting, and Security built on ELK and Grafana »

TechStrong TV – Live

Click full-screen to enable volume control
Watch latest episodes and shows

Upcoming Webinars

Continuous Deployment
Monday, July 11, 2022 - 1:00 pm EDT
Using External Tables to Store and Query Data on MinIO With SQL Server 2022
Tuesday, July 12, 2022 - 11:00 am EDT
Goldilocks and the 3 Levels of Cardinality: Getting it Just Right
Tuesday, July 12, 2022 - 1:00 pm EDT

Latest from DevOps.com

Rust in Linux 5.20 | Deepfake Hiring Fraud | IBM WFH ‘New Normal’
June 30, 2022 | Richi Jennings
Moving From Lift-and-Shift to Cloud-Native
June 30, 2022 | Alexander Gallagher
The Two Types of Code Vulnerabilities
June 30, 2022 | Casey Bisson
Common RDS Misconfigurations DevSecOps Teams Should Know
June 29, 2022 | Gad Rosenthal
Quick! Define DevSecOps: Let’s Call it Development Security
June 29, 2022 | Don Macvittie

Get The Top Stories of the Week

  • View DevOps.com Privacy Policy
  • This field is for validation purposes and should be left unchanged.

Download Free eBook

DevOps: Mastering the Human Element
DevOps: Mastering the Human Element

Most Read on DevOps.com

What Is User Acceptance Testing and Why Is it so Important?
June 27, 2022 | Ron Stefanski
Rust in Linux 5.20 | Deepfake Hiring Fraud | IBM WFH ‘New No...
June 30, 2022 | Richi Jennings
Chip-to-Cloud IoT: A Step Toward Web3
June 28, 2022 | Nahla Davies
DevOps Connect: DevSecOps — Building a Modern Cybersecurity ...
June 27, 2022 | Veronica Haggar
The Two Types of Code Vulnerabilities
June 30, 2022 | Casey Bisson

On-Demand Webinars

DevOps.com Webinar ReplaysDevOps.com Webinar Replays
  • Home
  • About DevOps.com
  • Meet our Authors
  • Write for DevOps.com
  • Media Kit
  • Sponsor Info
  • Copyright
  • TOS
  • Privacy Policy

Powered by Techstrong Group, Inc.

© 2022 ·Techstrong Group, Inc.All rights reserved.