CloudThrottle: Your Cloud Cost Command for Effective Cloud Optimization
Venkatesh Krishnaiah, Founder and CEO
This value emerges as a crucial ally in the rapidly expanding cloud marketplace. As organizations scale their cloud resources to fuel growth, they encounter a pervasive and often overlooked challenge—cloud usage bills spiral out of control with each monthly billing cycle. This leads many to question how their cloud budget goes out of control.
CloudThrottle’s patented platform prevents budget overruns while fine-tuning cloud operations for maximum efficiency by automatically shutting down idle resources and scheduling them according to real-time usage patterns.
How is it done?
CloudThrottle takes into account an organization’s predetermined budget for the fiscal year, adapting to various fiscal schedules, whether it’s the U.S. federal government’s October to September cycle or the commercial sector’s January to December timeline.
By breaking down the allocated cloud infrastructure budget into manageable monthly allotments, CloudThrottle ensures spending remains within set limits throughout the year and prevents unnecessary resource usage, such as running development servers outside business hours.
The system is further reinforced with real-time monitoring to maintain budget discipline. Through real-time alerts and notifications, CloudThrottle keeps a vigilant eye on spending, warning clients as they approach their budget limits. If these caps are reached, additional cloud resource access is restricted.
But CloudThrottle doesn’t stop there. Its resource scheduler tool automatically scales down or shuts off underused resources, ensuring clients’ cloud capacity is always aligned with actual needs and accessed only during peak business hours. This scheduling approach enables clients to cut costs and reduce cloud waste while fully leveraging the real power of the ‘pay-as-you-go’ model, keeping operations lean and maximizing the value of every cloud dollar spent.
“This level of cost and usage control promotes a ‘FinOps’ culture, where financial operations are seamlessly integrated into cloud usage. Bringing together teams from developers to finance fosters a shared environment for clients to manage their cloud resources continuously aligned with business objectives and achieve a higher return on investment,” says Venkatesh Krishnaiah, founder and CEO.
What sets CloudThrottle apart is its design tailored for U.S. federal government use. Understanding the intricate dynamics of federal budgeting, the tool was first crafted to give government departments a clear visualization of their allocated funds, empowering them to stay within their budgetary confines.
The system is further reinforced with real-time monitoring to maintain budget discipline. Through real-time alerts and notifications, CloudThrottle keeps a vigilant eye on spending, warning clients as they approach their budget limits. If these caps are reached, additional cloud resource access is restricted.
But CloudThrottle doesn’t stop there. Its resource scheduler tool automatically scales down or shuts off underused resources, ensuring clients’ cloud capacity is always aligned with actual needs and accessed only during peak business hours. This scheduling approach enables clients to cut costs and reduce cloud waste while fully leveraging the real power of the ‘pay-as-you-go’ model, keeping operations lean and maximizing the value of every cloud dollar spent.
“This level of cost and usage control promotes a ‘FinOps’ culture, where financial operations are seamlessly integrated into cloud usage. Bringing together teams from developers to finance fosters a shared environment for clients to manage their cloud resources continuously aligned with business objectives and achieve a higher return on investment,” says Venkatesh Krishnaiah, founder and CEO.
What sets CloudThrottle apart is its design tailored for U.S. federal government use. Understanding the intricate dynamics of federal budgeting, the tool was first crafted to give government departments a clear visualization of their allocated funds, empowering them to stay within their budgetary confines.
CloudThrottle’s implementation at U.S. Patent and Trademark Office demonstrates CloudThrottle’s efficacy in action. By keeping cloud spending within predetermined limits, the platform reduced the agency’s costs and enhanced their overall budget predictability. This improvement led to a 30 percent reduction in total cloud expenses and a 40 percent decrease in resource waste, resulting in significant financial optimization and enhanced cloud operational efficiency.
This expansion brings a new frontier in cloud cost observability, giving organizations control over their cloud infrastructure, aligning usage costs within the budget and operational goals, ensuring every resource is used efficiently and every dollar spent is accounted for.
As cloud waste continues to be a multibillion-dollar issue annually, CloudThrottle empowers businesses to take control of their cloud strategy, steering operations toward greater efficiency and sustainability by preventing financial drain and ensuring resources are used effectively rather than just being available.
The robustness of CloudThrottle makes it an ideal tool irrespective of the industry. Its universal design principles make it an advantageous tool for any commercial sector looking to curb cloud spending. For instance, AWS, recognizing the solution’s potential, approached Krishnaiah with a bold proposition to bring CloudThrottle’s proven capabilities to the broader market. This made CloudThrottle available on commercial platforms like AWS and through other key vendors.This level of cost and usage control promotes a ‘FinOps’ culture, where financial operations are seamlessly integrated into cloud usage.
This expansion brings a new frontier in cloud cost observability, giving organizations control over their cloud infrastructure, aligning usage costs within the budget and operational goals, ensuring every resource is used efficiently and every dollar spent is accounted for.
As cloud waste continues to be a multibillion-dollar issue annually, CloudThrottle empowers businesses to take control of their cloud strategy, steering operations toward greater efficiency and sustainability by preventing financial drain and ensuring resources are used effectively rather than just being available.
