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Cloud Resource Management is Crucial in Growing Cloud Services Industry

Companies are increasingly adopting cloud-first strategies for their data and resource management systems. Gartner forecasts that the worldwide public cloud revenue will increase by 17.5% in 2019, an astronomical jump from the $182.4 billion market total in 2018. The total forecast for 2019 is $214.3 billion. Some companies are even opting for a cloud-only approach, making the most of virtual servers and off-site computing capabilities and decreasing the physical hardware required on-site. This could further increase the total market of the worldwide cloud services industry.

 

Increased cloud usage carries the risk of increased cloud resource wastage, costing companies a large portion of their hard-earned income. Here, a solid resource management plan is needed in order to whittle down cloud expenditure to include only what is actually necessary and in use. Cloud resources are “always on” by default and users pay for all instances that are on, regardless of whether those instances are idle or in use. Since most cloud resources are only used during office hours – especially in research and development institutions – this leads to cloud resource wastage of as high as 65%. There are two ways of managing this situation: appointing a person to manually switch resources on and off as needed or automation.

 

CloudSnooze finds and eradicates cloud resource wastage by automatically switching off all resources that are not currently in use – all according to settings and schedules defined by the user or smart realtime utilization These resources can automatically switched on again when needed, thus companies that use this resource management system pay only for what they’re actually using. The costs saved in this way can then be used elsewhere, enabling improved business growth and an increased bottom line.

 

CloudSnooze does not simply use blind shutdown and pattern matching in order to shut down servers. Blind shutdown could lead to servers being shut down while they are still in use. Pattern matching, on the other hand, will shut down servers when usage volumes drop by a predetermined percentage. In the case of development servers, this could also lead to resources being shut down while they are in use, since developers do not constantly use servers at full capacity. Instead, CloudSnooze offers SmartSnooze. Here, realtime server usage is monitored to enable smarter server management. Servers will be switched on and off and additional resources allocated and de-allocated as and when needed. This is the smart way of managing your cloud resources, cutting your cloud expenditure to the bone without sacrificing capacity and performance.


To find out more on how CloudSnooze can help you save on your cloud expenditure, visit our website.

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