CIO Influence
CIO Influence News Cloud Financial Services

Harness’ Cloud Cost Management Features Save Customers 75%

Harness' Cloud Cost Management Features Save Customers 75%

New Artificial Intelligence and Automation Capabilities Add Layers of Intelligence

Harness, the leading platform for software delivery, announced that its Cloud Cost Management (CCM) product module will use intelligence and automation to reduce cloud costs, while providing individuals at all levels with insight into how those costs break down. Harness’ new features will help customers actually achieve the promise of the cloud – only paying for what they use.

Recommended ITech News: Verizon and AWS Cover 13 of Top 20 Metro Areas with Mobile Edge Computing

In a time where cloud costs are ever increasing, Harness is helping to decrease them automatically. Customers can manage cloud compute resources and automatically eliminate idle costs, additionally allowing users to slice and dice cloud cost information in ways that matter to them, understand how the cloud is impacting their business and more effectively inform business decisions.

“With cloud computing, what you mostly pay for is not what you use, but what you’ve allocated that sits idle. It can be very tricky to cut that waste down and optimize it,” said Dheemanth Ramesh, CTO, Discover Dollar. “Harness’ Cloud Cost Management brought a huge benefit to our cash flow. We’ve easily saved 60-70% of our bill.”

The Harness platform updates include four core components geared at optimizing cloud costs:

  • Intelligent Cloud AutoStopping (released in June 2021) – Allows organizations to automatically reduce cloud compute waste associated with software delivery by up to 75%;
  • Cloud Cost Business Intelligence (new feature) – Unlocks the value in cloud cost data and provides deep insights to inform business decisions;
  • More Kubernetes Optimization (new feature) – Surfaces Kubernetes optimizations at the node level to help customers realize bigger savings, faster – up to 40%;
  • Cost Perspectives that include recommendations, anomalies, and waste (improvement) – Provides personalized cloud cost information on a single screen – all the info customers want, none that they don’t.

Harness’ intelligent cloud cost management automatically eliminates idle costs to allow customers to only pay for what they use, and provides tailored recommendations for where to optimize the infrastructure based on idle or unallocated resources, thus reducing waste and toil required to implement cost savings. Secondly, customers can get more value out of their cloud, with less effort and only paying for what they use. By aligning cost centers to budgets, customers are provided an accurate forecasting model that helps budget owners understand how they’re trending, and when they need to take action. Finally, it creates a collaborative cost management culture across finance, engineering and FinOps while also using business intelligence to break down silos and simplify for any stakeholder.

Recommended ITech News:  CAST and IBM Help Enterprises Accelerate Hybrid Cloud Adoption

“Our own engineering team uses these new capabilities and they were able to reduce AWS non-production spend by 25% and Azure non-production spend by 50% — saving more than $125,000 annually,” said Jyoti Bansal, CEO and co-founder, Harness. “Most companies realize their cloud costs are astronomical, but how they turn it around is the hard part. Our new features provide transparency, optimization and governance and can unlock cost savings and more information to inform business decisions than ever before.”

Management of cloud costs has largely been a top-down responsibility. However, a large portion of that responsibility is shifting to already overburdened software engineers. By simplifying cloud cost management for all levels of the company, Harness’ platform enables its customers’ engineers to deliver software effectively and keep cloud expenses under control while also providing business intelligence and automation for the C-suite.

Harness Cloud Cost Management gives companies:

  • Transparency: CCM provides contextually relevant visibility into cloud costs – that can be broken down across AWS, GCP, Azure and Kubernetes – so that they can be understood and presented at any level of the organization, from high-level business intelligence to the individual resource level.
  • Optimization: Harness provides built-in validation and cost vs. performance customization so engineers can skip straight to implementation. Engineers can also automate idle resource management without taking on any risk. When cloud costs unexpectedly spike, CCM has immediate anomaly detection so customers can find the source and correct any issues to avoid pricey cost snowballs they normally wouldn’t see until the end of the month.
  • Governance: Harness Cloud Cost Management’s budget and forecasting capabilities keeps teams accountable for their spend and helps them to proactively avoid budget overruns. Customers can create and enforce cost policies for their cloud infrastructure, even integrating these into their CI/CD pipelines as part of the holistic Harness software delivery platform.

Recommended ITech News: Former Hewlett Packard Enterprise Engineering Program Manager Joins the Leading Provider of Data Center Liquid Immersion Cooling as Solutions Architect

Related posts

Barracuda Threat Report Reveals Evolving Ransomware Attack Patterns

Intel Advances Smart Capital, Introduces First-of-its-Kind Semiconductor Co-Investment Program for Manufacturing Build-Outs

Allvue Systems Selects Snowflake For New Centralized Data Solution

Leave a Comment