RAANANA, Israel--()--Cloud users will no longer have to guess what they need for reserved instances with a new calculator from Cloudyn. The independent, advanced tool provides users with an accurate calculation of how many reserved instances, which type of instance and for what period of time they should purchase reserved instances to meet their operational requirements, all enabling them to reduce their cloud costs. Based on data from its growing set of customers, Cloudyn has seen the number of companies using reserved instances jumping from 29% to 48% in nine months.
“In the last six months, we have witnessed distinct changes in cloud usage trends”
The calculator provides recommendations based on comprehensive monitoring and analysis of each AWS customer’s usage patterns and costs, combined with customer preferences regarding utilization level, commitment term etc. Using the calculator guarantees cost and efficiency savings.
“In the last six months, we have witnessed distinct changes in cloud usage trends,” said Sharon Wagner, CEO of Cloudyn. “For example, we found that customers are moving away from Medium Utilization Instances and increasing their use of Heavy and Light. Heavy usage has jumped from 26% to 36%, illustrating a deeper understanding of its financial advantages. The uptake in Light Utilization from 2% to 10% shows a paradigm shift in usage patterns where unused reservations have become acceptable and still economical. Furthermore, Cloudyn’s ability to give customers insight into real usage enables rightsizing that matches the reality of a business’ cloud environment.”
Cloudyn’s reserved instance calculator is free and can be found here: www.cloudyn.com. Sign up requires read-only credentials and takes only a few minutes. Accurate and in depth results follow shortly after that.
The tool is a complementary service to the newly introduced AWS Reserved Instance marketplace. Cloudyn’s reserved instance recommendations, allow users to easily determine which instances they should be buying or selling.
Customers worldwide now rely on Cloudyn's robust analysis tools to work in a more efficient, timely and cost-effective manner. Cloudyn is partnering with numerous cloud solution providers and over the coming months will release additional tools which will further clear the fog and ambiguity around cloud deployments
To further boost these activities, Cloudyn is kicking off “The Cloud Unleashed", an interview series with cloud industry insiders. This series will provide insight into the latest trends and hot news items. There is a strict, “no death by PowerPoint,” policy. Join us on October 23rd for the first in the series: http://blog.cloudyn.com/the-cloud-unwired-an-interview-series-with-cloud-industry-insiders/ and stay tuned for more.
Founded in 2011, Cloudyn offers organizations clarity and control of cloud costs, actionable recommendations for cost savings and maximized utilization of resources in a dynamic cloud environment. Already actively managing hundreds of thousands of cloud resources today, Cloudyn delivers an average of 40% cloud-related cost reductions to organizations with significant cloud investments in various industries worldwide. Privately held and backed by Elron Electronic Industries Ltd. (TASE: ELRN), Cloudyn’s team of software veterans combines extensive experience in cloud computing and network optimization with a proven track record in transforming innovative ideas into viable and valuable products. For more information on the company visit: http://www.cloudyn.com or the company blog at http://blog.cloudyn.com/.