CloudZero upgrades optimization story on April 26, 2022
CloudZero stopped selling cost visibility as the finish line. On April 26, 2022, from Boston, MA, the company announced an expansion of its cloud cost optimization offering. It added a new dashboard for discount optimization and two technology partners that promise autonomous compute savings. The dashboard is live immediately for every CloudZero customer, partners or not.
The announcement frames the move as a FinOps maturity play. CloudZero says the offering helps customers move from basic cost visibility to advanced intelligence, like complex unit economics. That’s the part teams actually feel when budgets tighten.
Discount dashboard gives teams granular control
The headline is the discount dashboard. It’s built to give granular insight into cloud discounts such as Reserved Instances, Savings Plans and Spot Instances.
CloudZero positions it as the starting point. You get visibility into the instruments you’re already paying for, and you can see where you’re leaving money on the table. The dashboard ships to all customers now. Visit cloudzero.com to learn more.
The release is explicit: the dashboard is available now to all CloudZero customers, whether or not they choose to utilize CloudZero partners.
ProsperOps brings autonomous Reserved Instance and Savings Plan management
ProsperOps is the first partner. The company delivers what it calls a simple, fully autonomous cloud cost optimization experience that algorithmically maintains an optimal portfolio of Reserved Instances and Savings Plans in real time.
The claim is blunt: the platform automatically generates world-class savings outcomes which place customers in the top 1% of cloud optimizers.
Erik Carlin, co-founder and CPO of ProsperOps, said: “Next generation FinOps solutions move beyond cost reporting to a world of automated savings outcomes and cloud intelligence.” He added: “Together, CloudZero and ProsperOps deliver a combined set of capabilities that accelerate and simplify the FinOps journey. Welcome to Cloud Cost Optimization 2.0.”
About ProsperOps: founded in 2018, it’s described as the leading AIOps platform for cloud financial management. It automatically manages AWS discount instruments to maximize savings and minimize commitment risk. By removing the effort, latency and risk associated with manually managing rigid and long-term discount instruments, ProsperOps simplifies cloud financial management.
Credentials listed in the release: founding member of the FinOps Foundation, a FinOps Certified Platform, an AWS Advanced Technology Partner, and a 2021 Gartner Cool Vendor in Cloud Computing. Learn more and get started at prosperops.com.
Together with CloudZero, the combined capabilities are meant to accelerate and simplify the FinOps journey.
Xosphere makes Spot Instances reliable enough for production
Xosphere tackles the other hard problem: Spot Instances.
Xosphere Instance Orchestrator software transforms unreliable Spot Instances into robust resources that have the same reliability as On-Demand, yielding unparalleled savings up to 80%. With intelligent cloud orchestration, they empower enterprises to seamlessly move applications to the right place at the right time that produce optimum results.
Alan Hand, founder and CEO of Xosphere, said: “Extraordinary cloud optimization is attainable by combining visibility and action.” He added: “Together, with CloudZero, we’re helping companies simultaneously do both.”
The pairing is deliberate. CloudZero provides visibility; Xosphere provides action that doesn’t require a human on call.
About Xosphere: founded in 2017, headquartered in Southern California, it’s called the world’s only intelligent cloud orchestration company empowering enterprises to seamlessly move applications to the right place at the right time to reduce cloud expense and increase reliability.
Xosphere Instance Orchestrator is a cloud-native, self-hosted subscription software application which transforms unreliable Spot Instances into robust resources that have the same reliability as On-Demand but at a fraction of the cost, yielding unparalleled savings.
The release notes its optimization engine maximizes savings with the fastest speed of implementation in the industry. It’s an AWS Advanced Technology Partner. Your cloud savings begin at xosphere.io.
From visibility to unit economics
This is where the story lands. CloudZero’s platform puts spend into the context of your business. By aligning engineering, infrastructure and finance teams around metrics like cost per product feature, customer and development team, CloudZero enables better strategic decisions, improved unit economics and efficient spending.
Trusted by top cloud-driven companies like Rapid7, Ping Identity and Malwarebytes, CloudZero works with organizations of all sizes to take the next steps toward cloud cost maturity.
The press release positions the expansion as helping customers throughout their FinOps journey — from uncovering basic cost visibility to achieving advanced intelligence, such as complex unit economics.
The dashboard gives teams the numbers. ProsperOps and Xosphere give them a way to act on those numbers without building a dedicated savings team.
That’s the shift. Reporting is table stakes now. Automated savings outcomes and cloud intelligence is the next bar.
About the companies
CloudZero is the cloud cost intelligence platform that puts spend into the context of your business. By aligning engineering, infrastructure and finance teams around metrics like cost per product feature, customer and development team, CloudZero enables better strategic decisions, improved unit economics and efficient spending. Trusted by top cloud-driven companies like Rapid7, Ping Identity and Malwarebytes, CloudZero works with organizations of all sizes to take the next steps toward cloud cost maturity. Visit cloudzero.com to get started today.
ProsperOps is the leading AIOps platform for cloud financial management. Founded in 2018, ProsperOps delivers a simple, fully autonomous cost optimization experience that automatically manages AWS discount instruments to maximize savings and minimize commitment risk. By removing the effort, latency and risk associated with manually managing rigid and long-term discount instruments, ProsperOps simplifies cloud financial management. ProsperOps is a founding member of the FinOps Foundation and a FinOps Certified Platform, an AWS Advanced Technology Partner, and a 2021 Gartner Cool Vendor in Cloud Computing. Learn more at prosperops.com.
Xosphere is the world’s only intelligent cloud orchestration company empowering enterprises to seamlessly move applications to the right place at the right time to reduce cloud expense and increase reliability. Xosphere Instance Orchestrator is a cloud-native, self-hosted subscription software application which transforms unreliable Spot Instances into robust resources that have the same reliability as On-Demand but at a fraction of the cost, yielding unparalleled savings. For enterprises that want to reduce cloud costs, Xosphere’s optimization engine maximizes savings with the fastest speed of implementation in the industry. Founded in 2017, Xosphere is headquartered in Southern California and is an AWS Advanced Technology Partner. Your cloud savings begin at xosphere.io.
