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Users of ProsperOps have found the platform to be incredibly valuable for optimizing their AWS Cloud spend. By automating the process of …
Overview
What is ProsperOps?
ProsperOps is a fully autonomous cost optimization solution for Amazon Web Services (AWS) that helps organizations save money and manage risk. It aims to help customers increase their Effective Savings Rate by an average of 68%, returning material dollars back…
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What is ProsperOps?
ProsperOps is a fully autonomous cost optimization solution for Amazon Web Services (AWS) that helps organizations save money and manage risk. It aims to help customers increase their Effective Savings Rate by an average of 68%, returning material dollars back to their cloud budgets. At the…
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Product Demos
ProsperOps Compute Savings Analysis Overview
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Product Details
- About
- Tech Details
What is ProsperOps?
ProsperOps is a fully autonomous cost optimization solution for Amazon Web Services (AWS) that helps organizations save money and manage risk. It aims to help customers increase their Effective Savings Rate by an average of 68%, returning material dollars back to their cloud budgets. At the same time, ProsperOps can reduce risk by aligning commitment timelines and shrinking term length.
Using real-time telemetry from the user's cloud environment, ProsperOps algorithmically optimizes coverage and utilization of discount instruments (e.g. Convertible Reserved Instances, Standard RIs, Savings Plans) to maximize savings, minimize commitment risk, and eliminate manual cloud financial management tasks.
As a result, the vendor states FinOps teams can eliminate manual financial optimization tasks and gain greater visibility into cost and savings consumption. DevOps teams are able to accelerate innovation, free from the fear of over- or under-utilizing discount instruments.
ProsperOps Features
- Supported: Automate time-consuming cost optimization tasks
- Supported: Maintain 95+% discount coverage with perfect utilization
- Supported: Understand Showback and commitment costs across accounts
ProsperOps Screenshots
ProsperOps Video
ProsperOps Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
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Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
Users of ProsperOps have found the platform to be incredibly valuable for optimizing their AWS Cloud spend. By automating the process of reservation and savings plan laddering, organizations have been able to achieve optimal effective savings rates while simultaneously reducing risk. Customers have reported significant cost reductions for AWS EC2 instances, even when utilizing more AWS resources for development. The product's success lies in its ability to automate AWS reservations, providing improved flexibility, coverage, and utilization, which leads to substantial discounts on EC2 spend.
Additionally, ProsperOps has proven effective in managing AWS platform costs and providing visibility for users, with discussions underway to include support for Microsoft Azure as well. Users have experienced lower AWS costs through the utilization of Reserved Instances and Savings Plans, resulting in lower overall expenses and higher profit margins for their businesses. With ProsperOps handling the management of AWS savings instruments on their behalf, customers have achieved high utilization rates across a large percentage of compute on-demand spend.
Engineers appreciate that ProsperOps solves the challenge of managing AWS EC2 reserved instances, saving them hours of manual management each month. The service autonomously identifies cost optimization opportunities within the AWS ecosystem and implements programmatic changes to generate substantial savings. Moreover, users value that ProsperOps requires minimal access privileges, ensuring peace of mind and dependability for customers. The platform's passive monitoring approach and simple IAM role for cost analysis ensure that application performance is unaffected, while posing no security risks. Overall, ProsperOps has become an essential tool for users looking to optimize their AWS infrastructure spend, saving both time and money in the process.
Reviews
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ProsperOps simply requires the least privileged level of access, which provides us peace of mind and dependability. Passive monitoring of our computing resources does not necessitate the use of any agents, and the cost analysis is handled by a simple IAM role. Because of this, we don't have to worry about ProsperOps' access privileges impacting our application's performance or posing a security risk.
- The arbitrage strategy is effective. It's hard to believe how good the service is.
- It is a plug-and-forget approach for ProsperOps.
- It costs ProsperOps a percentage of the savings they make.
- The inclusion of RDS and Elasticache in cost management is something I'd be all for.
- When it comes to EC2 capacity reservations, ProsperOps only includes reserved instances in the region where we are located.
- The process of setting up AWS was simple.
- In fact, they are professionals in the field of infrastructure cost-saving.
- ProsperOps has saved me a tremendous amount of time by allowing me to optimize our computing resources.
- Our Effective Savings Rate has risen since we started using ProsperOps.
- Our AWS bill savings will cover the cost of the service.
- As much as 95.4% of our compute on-demand costs are covered by ProsperOps, and all of the savings are put to good use.
To see the aggregated costs on AWS billings, we may purchase the service through AWS Marketplace instead of viewing it in ProsperOps' dashboard. Now that we're using it for AWS, we're talking with our clients about adding it to Microsoft Azure, too, so that we can make use of the tool's cloud cost control and visibility capabilities.