The new Cost Prediction and Visibility tool from Appvia is integrated with the latest version of its Kore platform, and provides cloud cost visibility at the planning and provisioning stage.
In addition, the tool provides users with ongoing visibility of actual costs incurred by infrastructure, as well as identifying cost efficiencies, which will allow for enhanced budgeting and will prevent costs to go beyond a team’s means, and automating Kubernetes processes.
Engineering teams are also able to see cost implications across various cloud providers, and gain immediate visibility into how altering node pool sizes and instances would change costs.
Appvia has predicted that the average company will save 20-60% in cloud infrastructure costs and around two days of time provisioning by using its new tool.
How to avoid cloud vendor lock-in and take advantage of multi-vendor sourcing options
“The cloud has allowed businesses to innovate, develop and deploy on a scale that was unimaginable several years ago, but understanding what impact that might have on your bottom line has proved challenging,” said Jonathan Shanks, CEO of Appvia.
“There’s so many factors to consider, that it could take days to draw up an accurate assessment of what a project might actually cost when everything is up and running.
“Developers have traditionally been out of the loop when it comes to the financials of a project, but they’re the ones with the skills and understanding of the build to be able to assess where costs can be saved – empowering them to make these decisions will bring benefits across your business and operations.”