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What is Eco?

Automated Optimization for AWS Savings Plans and Reserved Instances simplifies the entire journey of planning, acquiring, and refining your cloud commitments portfolio. Eco plays a pivotal role in managing the lifecycle of reserved instances, developing a cloud commitment portfolio that maximizes return on investment while minimizing risk, specifically designed to meet your existing and prospective needs. By identifying and offloading unused capacity and securing appropriate short-term, third-party reservations from the AWS Marketplace, Eco enables you to benefit from long-term pricing options without incurring significant financial obligations. This methodology ensures that you maximize your return on investment from cloud commitment acquisitions through meticulous analysis, adjustments, and alignment of unutilized reserved instances and Savings Plans to meet resource demands. Furthermore, Eco automates the purchasing strategies for reserved instances throughout their lifecycle in the AWS Marketplace, ensuring that workloads consistently benefit from the most advantageous pricing structures. The collaboration between Finance and DevOps teams is significantly improved by offering complete visibility into compute consumption and automating the selection of the most suitable reserved instances, which ultimately results in a more effective cloud resource management strategy. Additionally, these features empower organizations to swiftly adapt to evolving requirements while effectively managing their cloud expenses, fostering a more agile and responsive cloud environment. Ultimately, the integration of such capabilities leads to enhanced operational efficiency and strategic alignment within the organization.

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.

Media

Media

Integrations Supported

Amazon Web Services (AWS)
AllCloud Enterprise (ACE)
Amazon EC2
Amazon ElastiCache
Amazon RDS
Chef
Cisco Packet Tracer
CloudCheckr
Docker
Google Cloud Platform
HashiCorp Boundary
IBM Cloud
Jenkins
Microsoft Azure
Rancher
RapidScale Identity as a Service
Spot by NetApp
Upsolver

Integrations Supported

Amazon Web Services (AWS)
AllCloud Enterprise (ACE)
Amazon EC2
Amazon ElastiCache
Amazon RDS
Chef
Cisco Packet Tracer
CloudCheckr
Docker
Google Cloud Platform
HashiCorp Boundary
IBM Cloud
Jenkins
Microsoft Azure
Rancher
RapidScale Identity as a Service
Spot by NetApp
Upsolver

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

Spot by NetApp

Company Location

United States

Company Website

spot.io/product/eco/

Company Facts

Organization Name

Parquantix

Date Founded

2017

Company Location

United States

Company Website

parquantix.com

Categories and Features

SaaS Management

License Management
Onboarding
Renewal Management
SaaS Operations Management
Shadow IT Detection
Spend Management
Subscription Management
Usage Tracking / Analytics
Vendor Management

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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