[ad_1]

The multicloud managed service provider DoiT International Inc. said today its popular automated cloud cost optimization tool Flexsave is now available to customers as a standalone product, without the need for a full partner or MSP relationship.

Flexsave is an interesting offering that premises some steep discounts on cloud compute costs, without any customer lock-in or commitments. The company says it works by using machine learning algorithms to achieve discounted prices on Amazon Web Services Inc.’s and Google Cloud’s public cloud infrastructure. According to DoiT, Flexsave saves customers the trouble of forecasting their cloud usage and making any commitments to use specific services.

As DoiT explains, AWS and Google Cloud both offer compute capacity volume discount plans to customers who commit to using their clouds over a period of one year or three years. Those discounts can be pretty significant, but the problem for customers is that demand and usage can be difficult to predict, especially when juggling multiple workloads, machine types, regions and other variables. As such, most cloud customers find themselves either over- or under-committed to their cloud provider and are continuously re-evaluating their agreements and needs.

“Time and again we see customers struggle with commitments and constant rescaling,” said DoiT Chief Executive Yoav Toussia-Cohen.

DoiT says Flexsave is the answer to these problems, delivering the flexibility of on-demand compute capacity priced at a one-year discount rate, but without the need to make a one-year commitment.

While it’s not possible to verify such claims, DoiT says its customers benefited from an average reduction of 17% in their cloud compute costs in 2021. At the same time, it says they also freed themselves from the hassle of trying to forecast cloud usage, saving hundreds of hours of management time and effort. In a helpful info sheet, DoiT said some customers enjoyed more than a 30% reduction on on-demand cloud compute spend.

One of those customers was Taboola Inc., which reiterated how complicated it is to take advantage of discounted cloud compute pricing.

“Finding the balance between flexibility of capacity and a commitment that locks you in takes time and expertise to plan, and mistakes can be costly,” said Ariel Pisetzky, Taboola’s vice president of information technology. “Since using Flexera, we’ve received the savings you typically get with annual commitments, without actually purchasing any. We have all of the flexibility we need with none of the lock-in risk.”

Image: kalhh/Pixabay

Show your support for our mission by joining our Cube Club and Cube Event Community of experts. Join the community that includes Amazon Web Services and Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger and many more luminaries and experts.

[ad_2]

Source link

Load More By Michael Smith
Load More In Technology
Comments are closed.

Check Also

Autocar magazine 1 February: on sale now

[ad_1] This week in Autocar, we put Porsche’s new 911 ‘SUV’ through its paces, break the s…