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What is Parquantix?

Tailored for AWS Partners and customers, Parquantix emerges as a leading strategic partner for organizations seeking to monitor, analyze, and optimize their AWS usage in real-time through our innovative AI-powered tool, which guarantees the efficient deployment of AWS resources consistently. Our advanced platform boosts cloud compute and database performance by promoting the proactive acquisition and administration of reserved instances and savings plans. By leveraging our AI-driven software, companies can realize savings of as much as 60% in comparison to traditional on-demand pricing models. For qualifying partners, we present the option to finance the upfront fees for reserved instances and savings plans, distributing the costs over the entire duration of their usage. Partners can choose to hold reserved instances solely for the period they require, thereby avoiding the limitations associated with lengthy 1 or 3-year contracts. Furthermore, they have the opportunity to sell any unused reserved instances on the AWS Marketplace and upgrade to the latest generation instances, ensuring optimal price performance. Regardless of your sector, whether it be technology, e-commerce, or media, the lack of an automated optimization solution can lead to excessive cloud costs. By adopting our service, organizations can achieve considerable reductions in expenses and enhance their resource management capabilities. This proactive approach not only streamlines cloud spending but also fosters a more sustainable operational model.

What is AWS Cost & Usage Report?

The AWS Cost & Usage Report serves as the most comprehensive source of data related to AWS expenses and utilization, including essential details on AWS services, pricing models, reserved instances, and savings plans. This report provides a detailed analysis of costs at both the account and organizational levels, organized by product code, usage type, and specific actions taken. To enhance cost management, it also utilizes cost allocation tags and categories, promoting better financial oversight. Offered in various formats—hourly, daily, or monthly—the AWS Cost & Usage Report allows users to monitor expenses at the instance level, revealing how purchase options like Reserved Instances and Savings Plans are being applied. It not only allocates related fees but also performs necessary calculations to support internal cost distribution and reporting, meeting the financial tracking needs of your organization. By adopting this thorough methodology, businesses can obtain more precise insights into their AWS spending and improve the efficiency of their cloud resource management, ultimately leading to smarter financial decisions. The ability to analyze data over different time periods further aids organizations in identifying trends and making informed adjustments to their cloud strategies.

Media

Media

Integrations Supported

Amazon Web Services (AWS)
Amazon EC2
Amazon ElastiCache
Amazon RDS
Elastic Observability
Yotascale

Integrations Supported

Amazon Web Services (AWS)
Amazon EC2
Amazon ElastiCache
Amazon RDS
Elastic Observability
Yotascale

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Parquantix

Date Founded

2017

Company Location

United States

Company Website

parquantix.com

Company Facts

Organization Name

Amazon

Date Founded

1994

Company Location

United States

Company Website

aws.amazon.com/aws-cost-management/aws-cost-and-usage-reporting/

Categories and Features

Cloud Cost Management

Cost Reduction Optimization
Dashboard
Data Import/Export
Data Storage
Data Visualization
Resource Usage Reporting
Roles / Permissions
Spend and Cost Reporting

Categories and Features

Cloud Cost Management

Cost Reduction Optimization
Dashboard
Data Import/Export
Data Storage
Data Visualization
Resource Usage Reporting
Roles / Permissions
Spend and Cost Reporting

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