The majority of businesses are opting to use multiple cloud services, with Microsoft Azure, Amazon Web Services and Google Cloud being the main 3 and as such we are seeing an increasing need to compare public cloud provider costs. In recent article Eric Blum, vice-president and chief technology officer of BMC, said “multi-cloud enables better cost optimisation because one cloud provider could have a lower price, compared to rivals, for one application but a higher one for another. From our survey, results revealed that 53% of UK respondents said they did not know how much their organisation were spending on cloud services, compared to 40% globally. The majority of global (80%) and UK (85%) respondents said they need new tools for cloud management. Additionally, 78% of global IT leaders are considering using AI as a solution for this, while the UK was 64%.”
Cloud Ctrl is a new solution at the forefront of cloud billing management and is the only truly “predictive” virtual resource optimization and cost management solution available. Our platform utilizes advanced data analytics and an artificial intelligence (AI) engine that tracks historical usage and trends for all types of virtual services. With this usage and trend data, the AI algorithms can accurately predict future costs for virtual services and help administrators optimize the deployment and usage of cloud services across any supported cloud provider. Our blueprint technology enabled through our Price Explorer feature allows you to easily compare providers.