Amazon Cloud Costs: Startup Finds Hidden Savings
Amazon cloud pricing confusing you? Look how analytics player Newvem helps AWS customers see possible ways to save.
Startup Newvem is offering a combined view of all of a firm's workloads in the Amazon Web Services (AWS) cloud. More important, the service assesses how those workloads have been running and suggests the best way to optimize them to take advantage of Amazon's varied pricing scheme.
It's one thing to review a spreadsheet of how many hours your servers have been running this month. It's another entirely to see that a certain percentage has been idle and another percentage could be running as Reserved instances--a cheaper alternative to on-demand instances--and what savings might result. Newvem claims to bring this automated pricing intelligence to cloud monitoring.
The Managerial View service is available online as a free Web portal where a CIO or IT manager can log in and obtain detailed analytics on current and historical usage of Amazon Web Services.
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