Some people think about the public cloud is as a “utility” – you can buy services on demand, just like electricity, or water, or heating. Each of these utilities are consumable – as you grow you can consume more, as you shrink you can consume less.
Cloud waste occurs when organizations spend money on cloud services they are not actually using. According to estimates up to $6 billion is wasted on unused cloud services every year. This waste comes from servers left running when people are not using them oversized databases, servers not optimized for the applications they support and storage volumes not being used or “lost” in the cloud.
When significant portions of the budget are spent on unneeded services, it limits the resources available for more critical uses. Worse, cloud waste often goes unnoticed.
ParkMyCloud is a SaaS tool that customers can set up in under 10 minutes to automatically schedule start/stop times (“parking”) for their public cloud computing servers. This helps reduce wasted spending on idle, non-production servers. Servers used for internal purposes like development, testing, and staging can be turned off nights and weekends when they are not being used, saving about 75% per server.
With this uncomplicated, powerful approach, ParkMyCloud has delivered its customers millions of dollars in savings.
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