Cloudyn Announces Support of Amazon’s New EC2 Pricing Model with Comparison Capability to Original Pricing
San Francisco, CA (PRWEB) December 05, 2014 -- Cloudyn, the leading solution for cloud monitoring and optimization, today announced that its comprehensive suite of cloud tools has been recalibrated to now provide full support of Amazon Web Services (AWS) pricing models, both new and old. Cloudyn’s move comes on the heels of Amazon’s recent restructuring of its AWS pricing, specifically around the EC2 Reserved Instance (RI) options. The biggest difference between the new and older pricing models is that the old pricing structure was tied around utilization whereas the new pricing is according to how much of the RI is paid for upfront. The implication of this switch redirects the decision-making from a utilization-driven one made by DevOps to a pure financially driven decision made by the CFO.
“Within 24 hours of Amazon’s new Reserved Instance pricing changes, we were already providing our customers with RI buying recommendations around the new options,” said Sharon Wagner, Co-founder and CEO of Cloudyn. “By supporting all RI price models, Cloudyn customers have a small window of opportunity to receive the most accurate and cost-effective recommendations to optimize their AWS deployment.”
Notable Findings: Old RI Types May Yield Better ROI Bang
Interestingly, in many cases the old RI types deliver much better ROI and cost efficiency compared to the new financial-based model. However, customers in this scenario only have through February 1, 2015 to purchase utilization-based instances to continue to maximize their level of savings before Amazon discontinues these options entirely.
Another notable finding was AWS’ “Partial Upfront” one-time fee does not make sound financial sense. Based on calculations, including the cost of money (interest rates), the new Partial Upfront option shows that it is never the best choice. With some interest levels used the “No Upfront” yielded the best outcome, while at other times the “All Upfront” came out on top.
“Based on our findings, we do urge AWS customers to take advantage of the closing window of opportunity that have both new and old pricing models available, so they can compare and seize maximum savings,” added Sharon Wagner. “Cloudyn is committed to providing industry-leading tools so that our customers can make the best decisions around their cloud platform choices, utilization and savings. We’ll continue to be at the forefront and look for new ways we can outfit our customers with new or enhanced cloud optimization tools in this highly dynamic market.”
Free, Limited Trial of Cloudyn Premium
Available next week, all standard users will have access to Cloudyn Premium for the next 7 days. To take advantage of the free limited trial, interested parties that are not registered can click here to sign-up.
About Cloudyn
Founded in 2011, Cloudyn is the leading cloud monitoring, analytics and optimization solution for multi-cloud deployments. The company’s industry award-winning SaaS solution delivers unprecedented insights into usage, performance and cost, coupled with custom prescriptive actions for enhancing performance and reducing cloud spend. With more than 12,000,000 virtual instances monitored, Cloudyn helps businesses select the right mix of cloud vendors, increase operational performance, reduce cloud costs to bring them under optimum control, and capitalize on customer choice. More than 2,400 customers use Cloudyn’s technology worldwide including F500 industry leaders in aerospace, infrastructure, consumer online travel services, IT management consulting, and manufacturing. For more information, visit http://www.cloudyn.com.
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Press Contacts:
Carmen Hughes Laurie Ben-Haim
Ignite Public Relations Cloudyn
carmen(at)ignitepr(dot)com Laurie(at)cloudyn(dot)com
650.453.8553 646.300.9549
650.576.6444 972.527.831911
Carmen Hughes, Ignite Public Relations, +1 650.576.6444, [email protected]
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