Cloud spending overages are commonplace in today's market. According to Gartner, 80% of organizations will overshoot their cloud IaaS budgets through 2020 due to a lack of cost optimization approaches. As business owners, IT departments, or MSPs look to rectify the overspend on cloud services, they are turning to cloud cost management tools. This has opened the door for many tools to emerge in the market and solve this problem.
Earlier this week, we mentioned ParkMyCloud's expanded cloud cost management capabilities. Now, the spotlight shifts to Scalr -- which has announced expansions to the firm's Hybrid Cloud Management Platform. The enhancements allow business users to consume cloud workloads at self-service without putting budgets, security or compliance at risk, the company claims.
Scalr's enhancements, according to the company, include:
- 360-Degree Visibility: A single pane of glass over all objects and services, including those that Scalr's tools didn't provision.
- Reserved Instance (RI) Management and Recommendations: Reserved instances can offer significant cost savings over standard instances. Scalr provides RI recommendations based on usage trends, and in the context of customer's organization and applications, the company says.
- Rightsizing Recommendations and Execution: Enables users to rightsize workloads. Remediation can be automated or IT can choose to be alerted to recommendations for consideration.
- Cloud Inventory: This involves goal-oriented reports about cloud usage, trending and tracking how the organization is using multi-cloud.
Scalr is positioning the offerings for partners as well as end-customers. Brett Johnson, VP of sales, said in a prepared statement: "Our partners can use Scalr software to easily deliver straightforward cloud assessments for their customers, with a breakdown of current spend and opportunities for savings, and then leverage the full Scalr CMP to provide end-to-end cloud management."
