The volume of cloud billing data -- which has grown 24 times larger over the past year -- is a blessing in disguise for companies.
Portland, OR (PRWEB) April 17, 2013
Cloudability today announced a new analytics tool for AWS customers struggling to keep up with the now-constant deluge of billing data pouring into their spreadsheets as a result of Amazon Web Services’ addition of hourly Detailed Billing Reports.
The volume of cloud billing data -- which has grown 24 times larger over the past year -- is a blessing in disguise for companies. A year ago, they could sift through a manageable monthly dump of data. Then Amazon added daily, followed by hourly reports. The now near-constant flood of data makes this a war companies cannot keep up with using the standard Excel spreadsheet method of analysis.
Enter Cloudability’s AWS Cost Analytics, which gives companies an easy way to turn all of that data into customizable reports.
“There are two kinds of AWS cloud customers today,” said Mat Ellis, co-founder and CEO of Cloudability. “Those that are diverting an incredible amount of employees’ time every month to sift through enormous spreadsheets to track and plan their AWS spending. And, worse, those that have given up and aren’t doing anything. Both camps have grown as the data exposed to them has multiplied. And neither is a good camp to be in a market where having insight is more important than just having the data.”
In an industry first, organizations of all sizes can use the tool’s AWS Tag Mapping feature to create custom billing reports for finance and management using any of the fields or metrics from the AWS Detailed Billing Reports. Until now there has been no efficient way for a company to segment its actual spending on AWS without creating multiple accounts, exacerbating an already unmanageable business process. Now, with Cloudability’s AWS Cost Analytics, companies can get insights that are unique to their business, using the tool to see spending by areas such as division, project or department. The company has taken an approach that allows customers to custom fit the tool to see what’s important to them, not what’s important to everyone else. Its custom fit approach is unique in an industry where one-size-fits all is the norm.
“Complexity is a killer,” said Ron Fuller, web manager, at Mentor Graphics. “We have multiple AWS accounts for departments, but we need to allocate spending by project and team. We knew we could tag our instances in AWS and use them to analyze detailed billing data, but that comes at a high price: CSV files dumped into an S3 bucket generating reports with close to 1.5 million data points. In order to make sense of all that data, we’d have to take app developers and front-end engineers off of customer-facing projects to build our own tool.”
The point-and-click interface of Cloudability’s new tool helps customers to see day-by-day spending trends and pinpoint historical trends, a departure from the typical spend in aggregate model. Additionally, Cloudability’s AWS Cost Analytics tool can differentiate reserved instances, allowing a side-by-side comparison with on-demand spending for the first time.
Cloudability has tested the service privately with large enterprise customers over the past two months.
The service is available as part of Cloudability’s free 30-day trial. You can sign up at http://cloudability.com.
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Cloudability is based in Portland, Oregon. Adobe, Pega Systems and Slideshare are among a roster of more than 6,000 organizations that use Cloudability to get better, actionable insight into their cloud spending and usage. Cloudability is a graduate of TechStars and Portland Internet Experiment, the company is backed by funding from Foundry Group, 500 Startups, Data Collective and Wieden + Kennedy.