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Hystax OptScale Offers the First-Ever Open Source FinOps & Multi-Cloud Cost Management Solution


News provided by

Hystax

Aug 23, 2022, 10:00 ET

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OptScale, a FinOps and multi-cloud management platform, is fully available to cloud capacity managers and engineers as an OPEN SOURCE solution under the Apache 2.0 license. OptScale is designed to optimize cloud and K8s costs and improve IT infrastructure usage by implementing a FinOps strategy.

SUNNYVALE, Calif., Aug. 23, 2022 /PRNewswire-PRWeb/ -- Hystax, the leading FinOps and multi-cloud management solution provider, announced today that its OptScale platform will become the first open source FinOps and multi-cloud cost management solution available under Apache 2.0.

Hystax is currently the solution of choice for PwC, Ives Rocher, Nokia, DHL, Airbus, and more iconic brands for its FinOps enablement with the ability to offer them a platform that promotes complete cloud cost visibility and countless optimization recommendations.

Hystax developed an OPEN SOURCE project, OptScale - Kubernetes / cloud cost management and FinOps solution under the Apache 2.0 license. It is available in a form of source code or SaaS hosted by our team.

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"The Hystax team has always believed that an open exchange of ideas, transparency, and community-oriented development are necessary to drive true innovation," said Nick Smirnov, Founder & CEO of Hystax. "Now, businesses of all sizes and professionals from different countries, companies, and backgrounds, can collaborate more effectively. The open source solution will allow for greater progress to be made on FinOps strategies and solutions to common cloud challenges."

Access to the OptScale open source solution will be granted to users by the Apache 2.0 license. It enables Hystax to deliver the OptScale platform to a wider range of cloud capacity managers, engineers, and FinOps enthusiasts and accelerate the adoption of cloud cost optimization and FinOps methodology globally.

Users can get the solution and find its full source code on our GitHub page. Moreover, OptScale users have the opportunity to contact Hystax experts for consulting if they encounter any issues.

Hystax's SaaS solution will be more affordable than ever before to allow businesses of any size to optimize cloud & K8s costs and improve IT infrastructure usage through proper FinOps adoption.

OPTSCALE KEY FEATURES AND CAPABILITIES
Via the OptScale solution, users can dive deeply into their resource lifecycle management and discover company pitfalls, which often lead to overspending, more easily. Users are empowered to make data-driven decisions and craft an efficient cloud usage experience to increase their business performance.

With OptScale users get:

  • FinOps strategy and adoption
  • Dozens of cost optimization scenarios and security recommendations
  • Cost allocation, budget constraints, daily limits, and quotas with instant alerts
  • Anomaly detection to avoid bill shocks
  • Kubernetes cost optimization and rightsizing
  • Best-in-class VM rightsizing engine and network traffic visualizer

OptScale is designed to establish a long-term FinOps process by providing complete cloud cost transparency, improving resource utilization, identifying wastage, and providing hundreds of cost optimization recommendations for Kubernetes, AWS, MS Azure, GCP, and Alibaba Cloud.

You can learn more about the Hystax OptScale platform and its unique capabilities at https://hystax.com.

JOIN OUR FINOPS COMMUNITY Hystax drives FinOps methodology, and has crafted a robust community, which users can join here. The community discusses FinOps and cost optimization best practices, our experts offer users how-tos and technical recommendations, and provide ongoing details and updates regarding the open source OptScale solution. OptScale and its community help users implement FinOps principles by engaging engineering teams in cloud optimization and cost-saving processes.

ABOUT HYSTAX
Our mission is to help companies in building a culture of efficient IT workload usage by providing all necessary instruments for test environments and cloud cost management. We offer OptScale designed as a unique B2B SaaS platform, that optimizes IT infrastructure cost and helps to enable FinOps practices, offers complete visibility and control over Kubernetes, AWS, Microsoft Azure and Alibaba costs. Medium-sized and enterprise companies gain up to 45% of cloud cost savings in the first three months of product usage. The company was founded in 2016 and has customers in 48 countries. The most remarkable customers are Airbus, Nokia, Burger King, Bentley.

Get more details about OptScale, the first open source FinOps and multi-cloud cost management platform, here: http://www.hystax.com
OptScale live demo: https://my.optscale.com
GitHub page with full source code: https://github.com/hystax/optscale
Reach out with questions, feedback, or ideas. We are always at your disposal [email protected]

Media Contact

Edwin Kuss, Hystax, 1 628 251 1280, [email protected]

SOURCE Hystax

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