Name: Parquantix
Author: Parquantix

Help Desk

Live Chat

Web and Video Conferencing

Customer Support

Academic Advising

Alumni Management

School Management

Education

Business Intelligence (BI)

Collaboration

Desktop Publishing

Enterprise Legal Management

Meeting Management

Workflow

Enterprise

Accounting

Crypto Asset Management

Merger and Acquisition

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Cloud Storage

Consulting and Advisory Services

Data Center Virtualization

Fraud Detection

Graph Database

IT Asset Disposal

Infrastructure Capacity Planning

Integration Platform as a Service (iPaaS)

Managed Hosting

Mobile Device Management (MDM)

Network Behavior Analysis

Network Performance Monitoring

Network Traffic Analysis (NTA)

SaaS Management

Security Analytics

Software-Defined WAN

System Monitoring

Unified Endpoint Management (UEM)

Information Technology

A/B Testing

Ad Serving & Retargeting

Affiliate

All-in-One Marketing

App Store Optimization (ASO)

Computer-Assisted Translation

Content Management

Contest Management

Customer Journey Mapping

Digital Asset Management

Email Marketing

Headless CMS

Marketing Automation

Press Release Management

Product Information Management (PIM)

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Project Management

Professional Services

Call Recording

Customer Communication Management

Customer Relationship Management (CRM)

Quote to Cash

eCommerce Analytics

Sales

Camp Management

Clinical Data Management

Dental

Financial Services CRM

Internet of Medical Things

Loan Servicing

Patient Engagement

Warranty Management

Vertical-Specific

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Parquantix is an automated cost optimization solution for Amazon Web Services (AWS) offered by Parquantix LLC. According to the vendor, it is designed to help businesses monitor, analyze, and optimize their AWS usage in real-time to ensure efficient deployment and cost savings. Parquantix is tailored for AWS Partners and AWS Customers of all sizes, from small startups to large enterprises. It caters to a variety of professions and industries, including technology companies, online retailers, media companies, DevOps teams, and IT departments.

## Key Features

**Cost Optimization**: According to the vendor, Parquantix helps businesses optimize their AWS costs by monitoring, analyzing, and optimizing their AWS usage in real-time. It provides AI-driven tools to identify areas of inefficiency and recommend cost-saving measures. The solution actively manages Reserved Instances and Savings Plans to ensure optimal utilization and maximum savings. Parquantix offers automated procurement and management of Reserved Instances and Savings Plans to eliminate upfront fees and save up to 60% compared to on-demand rates.

**Real-time Monitoring and Analysis**: The vendor states that Parquantix provides real-time monitoring and analysis of AWS usage. It offers AI-driven tools to track and analyze resource utilization, identify cost-saving opportunities, and optimize cloud compute and database utilization. The solution helps businesses gain visibility into their AWS spend and make data-driven decisions to optimize costs.

**Flexible Reservation Management**: According to the vendor, Parquantix allows businesses to keep Reserved Instances (RIs) for only as long as needed, rather than being locked into long-term contracts. It offers the flexibility to sell unused RIs in the AWS Marketplace and upgrade to the latest generation instances for better price performance. The solution automatically manages RI reservations, reallocating them to match usage and maximizing savings. Parquantix assumes the risk for any unused reservations, covering the hourly cost until they are sold or their usage resumes.

**AWS Marketplace Integration**: Parquantix integrates with the AWS Marketplace, according to the vendor, allowing businesses to sell unused Reserved Instances and recover costs. It provides a seamless process for listing and selling RIs in the marketplace, maximizing the value of unused reservations. The integration enables businesses to easily manage their RI inventory and optimize their AWS spend.

**Automated Cost Optimization**: The vendor claims that Parquantix automates the cost optimization process, eliminating the need for manual monitoring and analysis. It continuously monitors AWS usage, identifies cost-saving opportunities, and takes proactive actions to optimize costs. The solution leverages AI-driven algorithms to make data-driven decisions and ensure efficient AWS deployment at all times. Parquantix aims to reduce the complexity of cost optimization and free up resources to focus on other business priorities.

Free

Virtana Platform

A solution to bring cloud security, billing, operations and management together. Rackspace Fabric offers a single platform for automated multicloud management. Service includes access to Rackspace cloud technology expertise, and provides a unified interface management for all cloud resources across Azure, AWS, GCP, and VMware, in a single, SaaS like operating environment.

Minimum Service

Rackspace Fabric

Parquantix

Cloud Management

Cloud management tools provide a degree of administrative control over public, private and hybrid clouds

Cloud Management Security

Provision of various security capabilities such as Identity Access Management, encryption, and endpoint security

Automation and Orchestration

Provision of automated services for application migration, VM images, and configuration management

Cost Management

Provision of tools for cloud instance rightsizing and user chargeback and billing

Cloud Management Performance Monitoring

Monitoring of storage, network and application performance metrics to achieve business service levels

Governance and Compliance

Risk assessment analysis, audits and resource governance capabilities

Resource Management

Ability to manage and deliver cloud resources such as resource discovery and tagging, asset and license management and cloud-to-cloud migration

Systems Integration

Integration of internal and external systems to support multi-cloud management

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What is Parquantix?