ProsperOps is dedicated to helping AWS customers prosper in the cloud, which is why we’re excited to introduce Flex Boost. Flex Boost is our new autonomous EC2 Standard Reserved Instance management capability, now available in our platform. Flex Boost accelerates and increases savings potential for customers while continuing to give companies flexibility to scale usage up and down without the risk of over- or under-commitment.
Maximizing savings in a stable workload scenario is fairly straightforward. But, what if your organization has cyclical volatility patterns? Join our Chief Product Officer, Erik Carlin, as he explores a solution for achieving more savings in the face of cyclical volatility.
We recently announced an investment led by H.I.G. Growth Partners and a few other strategic investors. There’s no better time to expand our reach and deepen our capabilities, given the nascent maturity of FinOps as a discipline, not to mention the recession in tech. This blog double clicks into our plans for the future of cloud FinOps automation.
Erik Carlin, cofounder and CPO at ProsperOps, recently joined the FinOps Guys podcast to talk about FinOps metrics and Effective Savings Rate (ESR). The discussion centered on the evolution of automated cloud financial management and the establishment of a better metric to track cloud savings.
Most organizations are stuck cyclically managing cloud costs. Cloud Cost Optimization 2.0 represents a shift forward in your approach to cloud financial management (FinOps). Away from reactive, manual cloud cost optimization tools to automated, intelligent platforms.
Why is it so difficult to navigate pricing for cloud cost optimization tools? How can organizations compare and identify the best cloud cost optimization tool? To do so, we need to redefine what “price” means for cloud cost optimization solutions and objectively determine the value, or net savings.
ProsperOps hosted a webinar with the CFO Leadership Council about cloud FinOps and AWS cost optimization to help finance leaders understand their role in implementing cloud financial management practices. Learn how commitment management, discount programs and optimizing discount rates can drive down your cloud costs, immediately.
We are excited to announce that ProsperOps achieved Amazon Web Services (AWS) Cloud Management Tools (CMT) Competency status in the Resource & Cost Optimization tools category. This competency designation helps AWS customers identify the best cloud technologies for their specific use case(s). As an AWS Independent Software Vendor (ISV) Accelerate partner, we’re committed to helping AWS customers achieve world class Effective Savings Rates with savings instruments, like Reserved Instances (RIs) and Savings Plans.
The same way DevOps unites engineering and operation teams for streamlined application delivery, FinOps aims to optimize how teams build and buy in the cloud. This article highlights how organizations can capitalize on the versatility and potential of modern DevOps, establish centralized cloud financial management, and maintain control over IT purchasing.
Ten years ago today, on March 12, 2009, AWS’ Jeff Barr announced the launch of EC2 Reserved Instances (RIs). At the time, Jeff spoke about the business model innovation that would give EC2 customers a discounted price in exchange for a term commitment. Over the subsequent years, AWS has continued to innovate in the RI