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CloudHealth, ParkMyCloud Partner on Cloud Cost Management Tools

Many businesses move to the cloud because they believe it will save them money. Once the company’s digital transformation is complete, they often find themselves spending more on cloud services than originally expected. This is largely due to overspending on cloud resources they don’t use or need — and perhaps don’t even track.

CloudHealth CEO Tom Axbey

With those challenges in mind, numerous software and cloud companies now offer management solutions that can help businesses manage hybrid and distributed environments, and others offer cloud cost analysis and savings solutions. Now, two companies are partnering up to offer both management and cost control through one integrated solution.

The effort involves CloudHealth Technologies (which VMware is acquiring) and ParkMyCloud. Their partnership will integrate CloudHealth’s governance capabilities with ParkMyCloud’s automated cost control features. ­­­Together, CloudHealth Technologies and ParkMyCloud provide end-to-end multi-cloud cost control, which saves you significant time and money while making managing cloud easy.

According to ParkMyCloud, joint customers will gain:

  • Improved Cloud ROI: Policy-driven automation helps eliminate mundane tasks and enables teams to roll out new offerings and updates faster to market, the company asserts.
  • Ability to Drive More Strategic Projects: Rather than focusing on simply maintaining, technical experts can shift their efforts to continuously innovate.
  • Simplified Hybrid Cloud Governance: Broken down by environment, department, application, resource and more, this integrated offering allows teams to implement better resource management through customizable dashboards for different personas such as CFO and CTO, among others.
  • Analytics: Users gain insight and can use this visibility to make smarter business decisions.

Tom Axbey, CEO and president of CloudHealth Technologies said in a prepared statement:

“In partnering with ParkMyCloud, we’re eliminating cloud management inefficiency and bridging t­­he divide between cost and utilization. We’re uniting disparate cloud environments, business ops and DevOps teams by equipping them with the tools they need to be agile and productive.”

The partnership comes a few days after VMware confirmed plans to acquired CloudHealth. VMWare intends to combine the CloudHealth platform with its existing Wavefront, Secure State, and Cloud Automation services.

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