Skip to content
usa post click

Usa Post Click

Your Latest USA News

  • Home
  • Business
  • Culture
  • Education
  • Retail
  • Travel
  • Toggle search form

ProsperOps Releases Flex Boost to Increase and Accelerate Cloud Savings for Customers

Posted on March 16, 2023 By P.C. editor
Flex Boost delivers greater cost reduction by adding autonomous discount management for EC2 Standard Reserved Instances with a cash back guarantee

ProsperOps Releases Flex Boost to Increase and Accelerate Cloud Savings for Customers
Maximize Cloud Savings with ProsperOps Flex Boost


AUSTIN, Texas, March 16, 2023 (Newswire.com) - ProsperOps, the autonomous cloud cost optimization platform, has announced the launch of Flex Boost, a new EC2 Standard Reserved Instance (RI) management capability that delivers more savings, faster to Amazon Web Service (AWS) customers. As a component of the company's Autonomous Discount Management service, Flex Boost further increases the Effective Savings Rate (ESR) for customers while continuing to give companies the flexibility to scale usage up and down without the risk of over- or under-commitment. 

ProsperOps' unique approach optimally blends the advantages of various commit discount instruments, which now include EC2 Standard RIs, to maximize savings while managing risk. Historically, ProserOps customers achieved ESRs of 45-50%, placing them in the 99th percentile of all AWS optimizers. Flex Boost increases that to 50-55%, meaning customers can now save more than half off their cloud compute bill, net of ProsperOps charges.

Flex Boost is also designed to create a powerful network savings effect for customers. As aggregate ProsperOps compute usage grows, Flex Boost customers save more and achieve higher ESRs, even if their compute usage is flat. Customers save more over time simply by being on the ProsperOps platform. 

Flex Boost is backed by the Flex Boost Genuine Buyback Guarantee, the only guarantee to provide up to $250,000 in cash back for unwanted Standard RIs. In contrast, alternative services offer no buyback or service credits capped at the provider's charge. The Flex Boost Genuine Buyback Guarantee makes Flex Boost a no risk, no regrets decision.

"Our scale, automation, and ability to blend the unique benefits of Convertible RIs, Compute Saving Plans, and now Standard RIs allows ProsperOps customers to achieve net savings outcomes that exceed any alternative," said Erik Carlin, Chief Product Officer. "This is our biggest feature release since building out the core platform. ProsperOps already delivered industry leading Effective Savings Rates, and Flex Boost means customers will now receive even more savings back into their cloud budgets, right at a time when every dollar matters."

"Flex Boost is yet another demonstration of the advanced and sophisticated thinking and capabilities of ProsperOps. It really changes the game as it increases savings in a broader scope with huge flexibility," said Michel Zitman, Cloud Financial Management Practice Lead at Xebia, a global IT consultancy and AWS partner.

ProsperOps Flex Boost Benefits

  • An automatically managed, blended AWS savings portfolio which leverages the unique strengths of Convertible RIs, Compute Savings Plans, and now Standard RIs to maximize cloud savings while managing overcommitment risk
  • Higher Effective Savings Rates with many customers now receiving more than 1/2 off their cloud compute bill, net of ProsperOps charges
  • A powerful network savings effect which means customers' Flex Boost savings grow over time as ProsperOps grows
  • No risk with the Flex Boost Genuine Buyback Guarantee
  • A fully autonomous experience that requires zero ongoing effort, including requiring no notification of expected usage declines

ProsperOps is approaching $1 billion of annual compute usage under management across hundreds of organizations and has returned nearly $500 million in cost savings to their customers.  

Additional Resources 

  • Introducing Flex Boost: Autonomous EC2 Standard Reserved Instance Management [Blog]
  • Get started on the AWS Marketplace [AWS Marketplace]
  • Request a Demo [Form]

About ProsperOps

ProsperOps is the leading FinOps automation platform that provides an intuitive, autonomous cloud cost optimization experience that automatically manages discount instruments to maximize compute savings and minimize commitment risk. ProsperOps is a founding and Premier member of the FinOps Foundation and a FinOps-certified platform, AWS Cloud Management Tool Competency & ISV-Accelerate Partner, and 2021 Gartner Cool Vendor in Cloud Computing. The company was founded in 2018 and is backed by H.I.G. Capital. Learn more and get started at www.prosperops.com.

Contact Information:
Jennifer Lankford
[email protected]


Original Source: ProsperOps Releases Flex Boost to Increase and Accelerate Cloud Savings for Customers

The post ProsperOps Releases Flex Boost to Increase and Accelerate Cloud Savings for Customers first appeared on Social Gov.

Business

Post navigation

Previous Post: 7 Benefits That Add Value for Employees
Next Post: Sustainalytics Upgrades INNIO Group’s ESG Risk Rating From Low to Negligible Risk, Ranking INNIO Number 1 Worldwide Among Industry Peers

More Related Articles

2023 SelectUSA Investment Summit: Commerce Secretary Gina Raimondo Announces Speaker Lineup, Includes White House Senior Officials, U.S. Cabinet, U.S. Governors, and Prominent Private Sector Leaders Business
Building a New American Workforce that Taps into the Limitless Potential of Women Business
Women’s History Month: Engaging Women Worldwide Through Trade Business
Fact Sheet: Investing in America: Biden-Harris Administration Boosts Manufacturing Ahead of Historic Internet Infrastructure Investment Business
U.S. Secretary of Commerce Gina Raimondo Announces Fiber Manufacturing Expansions in North Carolina Business
Now Released: 2022 Best Places to Work in The Federal Government Business
April 2023
MTWTFSS
 12
3456789
10111213141516
17181920212223
24252627282930
« Mar    
  • 2023 SelectUSA Investment Summit: Commerce Secretary Gina Raimondo Announces Speaker Lineup, Includes White House Senior Officials, U.S. Cabinet, U.S. Governors, and Prominent Private Sector LeadersApril 1, 2023
  • Building a New American Workforce that Taps into the Limitless Potential of WomenMarch 31, 2023
  • Women’s History Month: Engaging Women Worldwide Through TradeMarch 31, 2023
  • With Spring Now in Bloom, Kelly Leary and Revolution Dating Are Ready to Play MatchmakerMarch 31, 2023
  • Sisu Now Offers Mental Health Support to Teens and Families Before a Provider is AvailableMarch 31, 2023
  • Jiaherb’s Rhodiola Rosea Receives CITES CertificationMarch 31, 2023
  • Mimecast: 5 Tips to Avoid Phishing Email ScamsMarch 31, 2023
  • Mimecast: Spam Email StatisticsMarch 31, 2023
  • Spiritual Yogi is Launching a New Website Offering More Than Just YogaMarch 31, 2023
  • Fact Sheet: Investing in America: Biden-Harris Administration Boosts Manufacturing Ahead of Historic Internet Infrastructure InvestmentMarch 31, 2023
  • WeTripn Launches Revolutionary New Travel ServiceMarch 31, 2023
  • The Naked Truth: Inside the Sensational World of The Black Tape ProjectMarch 30, 2023
  • U.S. Secretary of Commerce Gina Raimondo Announces Fiber Manufacturing Expansions in North CarolinaMarch 30, 2023
  • Meggan Kaiser Shares Tips to Planning a Vacation or Staycation This Spring on TipsOnTVMarch 30, 2023
  • Mimecast: 6 Phishing Recovery Tips You Should KnowMarch 30, 2023
publish press release online
VUGA Enterprises
24Fashion TV - best fashion shows and social network. Free membership
24Fashion TV
breaking celebrity news
Free Reality TV
laser med spa in miami
plastic surgery, stem cell clinic in kiev

Copyright © 2023 Usa Post Click.