CloudBalance automates AWS cost optimization by analyzing and applying recommendations from AWS native tools like Compute Optimizer and Cost Explorer. The platform streamlines rightsizing of resources such as EC2 and RDS, and manages Compute Savings Plans and Reserved Instances. This automated FinOps approach helps small to medium businesses reduce their monthly AWS expenditure efficiently.
Funding
Funding not disclosed
Founders
Product
Problem
Organizations struggle to effectively leverage AWS native cost optimization tools, leading to missed savings opportunities and inefficient cloud spend. Manual analysis and implementation of recommendations from services like AWS Compute Optimizer and Cost Explorer are time-consuming and prone to error.
Solution
CloudBalance.ai automates the process of analyzing and acting upon AWS cost optimization recommendations. The platform integrates with AWS Cost Explorer, Compute Optimizer, and Optimization Hub to identify rightsizing opportunities and commitment planning strategies. It then streamlines the implementation of these recommendations, including automated application of changes and continuous monitoring with rollback capabilities. CloudBalance.ai functions as a virtual FinOps engineer, ensuring ongoing cost efficiency and performance optimization for AWS environments.
Target Audience
Small to medium-sized businesses (SMBs) operating on AWS seeking automated cloud cost optimization.
Features
- Automated analysis and prioritization of AWS native cost optimization recommendations.
- Streamlined implementation of rightsizing for EC2, EBS, Lambda, and RDS instances.
- Automated management of Compute Savings Plans, EC2 Instance Plans, and Reservations.
- Continuous monitoring of implemented changes with rollback functionality.
- Integration with AWS Cost Explorer, Compute Optimizer, and Optimization Hub.
- Provides insights into cost trends and drivers for identifying savings opportunities.