What is BidElastic?

Navigating the complex landscape of cloud services presents significant challenges for many organizations. To address these obstacles, we developed BidElastic, a comprehensive resource provisioning solution that consists of two components aimed at improving cloud efficiency: BidElastic BidServer, which minimizes computing costs, and BidElastic Intelligent Auto Scaler (IAS), which streamlines the management of cloud service providers. The BidServer utilizes advanced simulation methods and optimization algorithms to anticipate market fluctuations and create a robust infrastructure for spot instances available from cloud vendors. Adapting to varying workloads requires the agile scaling of cloud resources; however, implementing this can be quite difficult. For example, a sudden increase in user demand can lead to delays of up to 10 minutes for new servers to become operational, potentially resulting in permanent customer attrition. To facilitate effective resource scaling, precise predictions of computational demands are crucial. This is where CloudPredict comes into play, as it employs machine learning techniques to accurately forecast workloads, allowing companies to quickly adjust to shifting requirements. By combining these cutting-edge solutions, organizations can greatly improve their cloud service performance and enhance overall customer satisfaction, leading to a more competitive edge in the market. Additionally, such integration not only boosts operational efficiency but also encourages innovation in service delivery.

Screenshots and Video

BidElastic Screenshot 1

Company Facts

Company Name:
BidElastic
Company Location:
Poland
Company Website:
bidelastic.com/products-and-services/

Product Details

Deployment
SaaS
Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

BidElastic Categories and Features

Cloud Cost Management Software

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