Why Businesses are Switching to this Cloud Costs Auto-Pilot Tool
Cloud computing has become ubiquitous in today's business environment, as companies are looking for ways to reduce costs and increase efficiency.
However, this has created a new set of challenges for organizations in managing their cloud environments. As more workloads and data are moved to the cloud, the complexity of managing cloud infrastructure has grown exponentially. Cloud management has become a major challenge for companies, and they need to find ways to address this issue.
According to a recent survey, nearly half of businesses (49%) find it difficult to get cloud costs under control, and 54% believe their primary source of cloud waste is a lack of visibility into cloud usage. This indicates that companies are struggling to keep track of their cloud usage and are not able to optimize their cloud costs. This can lead to unnecessary expenses and reduced ROI on cloud investments.
Moreover, Anodot’s 2021 State of Cloud Cost Report revealed that the pandemic greatly accelerated many companies’ shift to the cloud, and the latest survey confirms that the transition is making businesses discover the scalability that the cloud provides. The report also states that 91% of respondents reported they currently have IT infrastructure in the cloud, and 60% said that they are set to migrate to cloud computing in the coming year.
However, the existing cloud management solutions are like a cloud tax: expensive and inefficient. Companies need to empower their engineers to take action by providing better visibility into the AWS pricing plans and automated tools to help them navigate the complexity of the cloud. This can be done by implementing cloud cost management tools that provide real-time visibility into cloud costs and usage. What’s more, this will enable companies to optimize their cloud costs and make informed decisions about their cloud usage.
Empowering Businesses with Automated Cloud Solutions
One of the tools that have been making headlines in streamlining cloud cost management is nOps, an automated FinOps platform that helps customers reduce their AWS costs by up to 50% on auto-pilot. The company’s mission is to empower customers with automated solutions to create an effortless experience to optimize cloud resources, giving them the freedom to focus on innovation, growth, and customer experience.
The nOps platform offers two primary benefits to our customers. Firstly, they can save money by paying only for what they use, without any financial risk. Secondly, nOps automates the process of pausing idle resources, enabling customers to use less and save money on their AWS bills.
Using nOps, customers can also take advantage of Reserved Instances (RIs) savings without any financial risk. The platform automatically purchases and sells RIs based on changes in the capacity of its infrastructure. Moreover, it leverages AI to learn customers’ usage patterns and identify stagnant resources that can be turned off to save money.
Moreover, nOps offers ShareSave, a one-click integration and automation feature with AWS EventBridge. This certified integration makes it easy to configure resource schedules and act on scheduling opportunities immediately. nOps automatically deploys EventBridge sources and configures them to signal the nOps Scheduler Lambda, which is capable of scheduling both EC2 and RDS instances.
In conclusion, cloud management has become a major challenge for companies, and they need to find ways to address this issue. Companies can empower their engineers by providing better visibility into the AWS pricing plans to help them navigate the complexity of the cloud. This will enable them to optimize their cloud costs and make informed decisions about their cloud usage. Most importantly, companies should invest and implement automated cloud management tools to effectively manage their cloud environments and reap the benefits of cloud computing.
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