Wanclouds, a leading multi-cloud SaaS and managed service provider, today released version 2.0 of its Multi-Cloud Spend Visibility and Cost Optimization feature. The feature is now available for AWS cloud environments on Wanclouds VPC+ solution as part of its multi-cloud Disaster Recovery as a Service (DRaaS) and Migration as a Service (MaaS). It provides enterprise-wide spend visibility and cost tracking for all AWS VPC resources, Kubernetes (EKS) clusters, and endpoints. The feature release comes on the heels of a recent study from Wanclouds, which highlighted that 54% of IT decision-makers report being hit with unexpected cloud costs.

“Wanclouds multi-Cloud Spend Visibility and Cost Optimization 2.0 eliminates sticker shock for SMEs from unanticipated AWS cloud costs and provides larger organizations a singular spend dashboard to optimize resources.”

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“When it comes to resource tracking across different accounts and visibility on spending, Amazon provides basic tools, but they generally fall short of providing real-time and enterprise-wide insights on how to optimize costs,” said Faiz Khan, CEO of Wanclouds. “Wanclouds multi-Cloud Spend Visibility and Cost Optimization 2.0 eliminates sticker shock for SMEs from unanticipated cloud costs and provides larger organizations a singular spend dashboard to optimize resources by identifying underutilized and idle instances that can be backed up and restored in the future.”

With more organizations adopting hybrid and multi-cloud environments, they increasingly utilize multiple AWS cloud accounts with different resources. Wanclouds latest version of its Multi-Cloud Spend Visibility and Cost Optimization feature makes it easy to add each one of these accounts and AWS resources to VPC+, so companies get a holistic view into their total AWS spend. This easy-to-read cloud cost management is now available to Wanclouds AWS users at around the cost of $0.01 per day. Wanclouds plans to add additional cloud spend visibility support for those working with Google Cloud, IBM Cloud, and Microsoft Azure shortly.

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Functionality of the Multi-Cloud Spend Visibility and Cost Optimization 2.0 feature includes:

  • Sorting of costs by resources such as VPCs, Elastic IPs, and EKS Clusters
  • Tagging of cloud resources based on the engineering stage: development, testing, production
  • Visibility of cloud spending on a cost-per-day and cost-per-month basis

“Beyond just providing end-to-end, AWS cloud visibility for an enterprise, organizations can use this feature to identify real cost-savings opportunities,” added Khan. “For instance, an organization could identify and then back up a testing resource over a long holiday weekend to save as much of 20% of their daily cloud spend before restoring it when they return to the office.”

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