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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 Automat-it?

Incorporating effective cost management into engineering workflows prevents waste from infiltrating production, which can lead to a substantial reduction in expenses, often by 40-50% for startups leveraging AWS. By focusing on proactive expense optimization and waste reduction, potential challenges can be tackled before they expand. Additionally, refining engineering processes by removing infrastructure-related distractions can significantly mitigate the risk of unexpected budget overruns, utilizing tools such as anomaly detection, automated safeguards, and cost-effective workflows. Adopting a Shift-Left FinOps approach involves embedding anomaly detection, budget alerts, and AI-powered over-provisioning safeguards directly into your Continuous Integration/Continuous Deployment (CI/CD) pipeline. Achieving comprehensive visibility across the stack enables the identification of underutilized resources, unnecessary storage consumption, and hidden costs in all cloud environments. Furthermore, performing Blameless Cost Post-Mortems facilitates in-depth evaluations of incidents, transforming singular overspending events into lasting preventative measures. By embracing a FinOps-Native Engineering Practice, organizations can ensure that the financial implications are integrated into the delivery process of every feature, with automated lifecycle policies enhancing overall efficiency. Ultimately, these strategic measures foster a more sustainable and financially accountable engineering framework, paving the way for long-term success.

Media

Media

No images available

Integrations Supported

Amazon Web Services (AWS)
Amazon EC2
Amazon ElastiCache
Amazon RDS

Integrations Supported

Amazon Web Services (AWS)
Amazon EC2
Amazon ElastiCache
Amazon RDS

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Pricing Information

Custom pricing options
Free Version
Free Trial Offered?

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

Automat-it

Date Founded

2012

Company Location

Israel

Company Website

www.automat-it.com

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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