CloudHealth Technologies, the leader in cloud service management, and ParkMyCloud, the leading enterprise platform for continuous cost control in public cloud, today announced they are partnering to marry the hybrid cloud governance of CloudHealth with the automated cost control of ParkMyCloud.

Customers leveraging the integrated solution will experience greater return on their cloud investments. They will be able to automate cloud cost control, simplify management, and consequently free up teams to focus on driving more strategic projects within their organizations.

Public cloud provides agility, efficiency and flexibility; however, as organizations ramp up in the public cloud, they often find consumption growing rapidly, leading to overspending and inefficient resource utilization. For many, this rising cost is unaccounted for. According to Gartner, "With increasing business unit IT spending on cloud services, IT leaders must prevent new risks, sprawl, cost overruns and missed SLAs. Dynamic optimization technology can help balance the benefits of agility with required governance controls for cloud services and virtualized infrastructure."1

With CloudHealth's expertise in cloud governance and management, and ParkMyCloud's specialization in cloud cost control, they can together provide complete visibility and control over multi-cloud environments, enabling customers to drive better business value. Joint customers will experience a seamless, integrated solution, including:

• Improved Cloud ROI: Users will realize immediate cost savings with non-disruptive, policy-driven automation that helps to eliminate tedious tasks and enable teams to roll out new offerings and updates faster to market.
• Ability to Drive More Strategic Projects: Rather than focusing on "keeping the lights on," technical experts can shift their efforts to continuously innovate and thereby maintain a competitive advantage—not just business as usual.
• Simplified Hybrid Cloud Governance: Broken down by environment, department, application, resource and more, this integrated offering empowers teams to implement better resource management through simple and easy-to-use, customizable dashboards for different personas such as CFO and CTO, among others.
• Better Analytics: Users gain unparalleled insight and can use this visibility to make smarter business decisions.

"There are huge business gains to be reaped in the public cloud, but business transformation also brings complexity," said Tom Axbey, CEO and President of CloudHealth Technologies. "In partnering with ParkMyCloud, we're eliminating cloud management inefficiency and bridging the divide between cost and utilization. We're uniting disparate cloud environments, business ops and DevOps teams by equipping them with the tools they need to be agile and productive."

"Our goal at ParkMyCloud has always been to help our customers do more with their cloud by saving time and money," said Jay Chapel, CEO and Founder of ParkMyCloud. "That's why we provide them with automated cost control, which we do by finding and turning off idle resources in AWS, Azure and Google Cloud. By collaborating with CloudHealth Technologies, we are providing customers with end-to-end visibility and control over their environments for optimized cloud usage and spend."

"With ParkMyCloud, anyone in your organization can be responsible for their own cloud costs," said Reed Savory, Connotate. "That's immensely valuable and brings real cost savings. CloudHealth offers unparalleled rightsizing capabilities, among other things, so we know we aren't leaving money on the table. Integrating these solutions will only further the simplicity and efficiency with which our team operates – even as we manage a rapidly scaling cloud environment."

To learn more about how CloudHealth and ParkMyCloud are empowering customers through this partnership visit, https://www.cloudhealthtech.com/partners/integration-partners/parkmycloud.

[1] Gartner, Innovation Insight for Dynamic Optimization Technology for Infrastructure Resources and Cloud Services, Donna Scott and Milind Govekar, Refreshed: 6 February 2017 | Published: 29 February 2016.

About CloudHealth Technologies

CloudHealth, the recognized worldwide leader in the growing Cloud Service Management industry, provides integrated reporting, recommendations and active policy management to help companies control the problems associated with "cloud chaos." Our comprehensive platform gives enterprise companies and MSPs the ability to visualize, optimize and govern their cloud and hybrid environments. By providing analysis and deep insight into historical trends, capacity planning, resource optimization and resource automation, CloudHealth enables stakeholders ranging from C-level executives to engineers, cloud specialists, architects, IT directors and LOB managers to improve performance and drive value through their cloud ecosystems. Well-known organizations that rely on CloudHealth's capabilities and expertise include Amtrak, Dow Jones, Acquia, and Sumo Logic, among others. Based in Boston, the company is backed by Kleiner Perkins, Sapphire Ventures, Scale Venture Partners, .406 Ventures and Sigma Prime Ventures. For continuous product updates, industry news and engagement, visit us at www.cloudhealthtech.com or follow us @cloudhealthtech.

About ParkMyCloud

ParkMyCloud is a SaaS platform that helps enterprises optimize their public cloud spend by automatically reducing resource waste — think "Nest for the cloud". ParkMyCloud has helped customers such as McDonald's, Capital One, Unilever, Foster Moore, and Sage Software dramatically cut their cloud bills by up to 65%, delivering millions of dollars in savings for customers using Amazon Web Services, Microsoft Azure, and Google Cloud Platform. For more information, visit http://www.parkmycloud.com.