Auto-Scheduling for Microsoft Azure Cloud Added to ParkMyCloud App

Bit Ninja

ParkMyCloud, an enterprise app for optimizing and reducing cloud spend, now supports auto-scheduling for Microsoft Azure in addition to Amazon Web Services (AWS Cloud). The announcement follows the news that ParkMyCloud raised a $1.65 million Series Seed round.

ParkMyCloud launched its ‘Nest for the cloud’ platform in September 2015 to enable AWS Cloud customers to automatically turn off idle instances, saving significantly on their cloud bills every month. The company has seen rapid customer growth, with current clients such as McDonald’s, Sage Software, Neustar, Avid, and Wolters Kluwer.

jay chapel parkmycloud
“During 2016, our customers saved over $1.6 million on their cloud bills using our innovative approach to cost savings,” said Jay Chapel, CEO of ParkMyCloud.

With Azure, ParkMyCloud would significantly broaden its public cloud appeal. AWS Cloud would have the largest Infrastructure-as-a-Service (IaaS) market share at about 30%, while Azure comes in second at 11%. Adding the second-largest provider means that a greater share of public cloud users can now manage and optimize their resources and get savings on their cloud environments.

ParkMyCloud now supports not only customers who primarily use one provider or the other, but also the ones who have a multi-cloud environment crossing both AWS and Azure.

Google Compute Engine 

“After ParkMyCloud’s work in 2016 deepening their functionality in AWS, supporting Azure helps them target this additional market,” said William Fellows, Vice President, 451 Research. “The single-purpose tool approach helps ParkMyCloud efficiently address the cloud cost control market and Azure customers should appreciate the new opportunity for simple savings.”

ParkMyCloud plans to support Google Compute Engine early this year. Following this expansion, ParkMyCloud will broaden its cost-saving offerings to cover databases, storage, and rightsizing.

“During 2016, our customers saved over $1.6 million on their cloud bills using our innovative approach to cost savings,” said Jay Chapel, CEO of ParkMyCloud. “Support for Azure was the top requested feature, so today’s launch will help us drive even bigger growth during 2017 as we become a go-to resource for DevOps and IT users on all the major cloud service providers.”

ParkMyCloud plans to support Google Compute Engine early this year. Following this expansion, ParkMyCloud will broaden its cost-saving offerings to cover databases, storage, and rightsizing.