Newvem is the leader in providing visibility, control and governance to Cloud users. Newvem offers an online analytical service complimented by a rich knowledge center curated from a broad base of Cloud users and experts. Newvem aims to assist executives, managers, operators, developers, and financial managers to use Newvem every day to get more out of their Cloud resources.
Newvem’s approach centers around unique technology that enables the cloud user to align cloud usage with its underlying business underpinnings offering a business view into your public cloud’s operations. The business underpinning is the source for a given workload residing off premise, whether for seasonal lifts or to unlock on-premise provisioning bottle necks or for global reach. Newvem also provides visibility, control and governance to off-premise Cloud resources in the same way that the IT world has learned to expect from on-premise resources, making sure off premise clouds function as an extension of the data center. Newvem also identifies when an off premise workload is a ready to find its way back to on-premise.
Newvem has added to its flagship Amazon AWS offerings a NEW Microsoft Azure offering that addresses the initial needs we have learnt from Azure users: greater visibility and transparency into their Azure resources providing a better understanding of consumption patterns and business alignment in their Azure resources.
In addition to visibility of cloud usage, business alignment, and reflecting consumption behavior shared between Newvem’s Azure and Amazon AWS offering, Newvem for Amazon AWS users actively tracks a public cloud’s health in order to help reveal and solve cloud irregularities related to cost, security, utilization, and availability, while ensuring IT governance and compliance.
Newvem, over the course of the past year, has worked with many AWS customers and learned that cloud care is the first step in blocking and tackling a growing and demanding Cloud environment. Newvem follows a three step process: reaching cloud health, getting more out of your AWS resources, and finally, profiting from your cloud operations.
Step 1 – Is Your Cloud Healthy?
After tracking more than $250 million in AWS EC2 spend over the past year, Newvem discovered that Amazon Web Services (AWS) users continue to come short in properly rolling out AWS’s shared responsibility model, in which users are expected to use AWS properly.
Newvem discovered that 50% of customer clouds have security exposures, 30% are vulnerable to AWS service degradations, and 15% have significant underutilization issues (See Newvem’s Cloud Radar reports).
- Emergency Triage – prioritizes significant risk to cloud health based on severity, cost, security, availability, and utilization.
- Cloud Activity Diagnostics – provides deeper level diagnostics over cloud costs, governance and risk for longer term care identifying issues that require further investigation and ongoing treatment.
- Cloud Vitals – tracks and presents cost and asset health trends over daily, weekly, monthly, and month-to-date time periods.
In addition, Newvem is offering premium Cloud Care services that include:
- Surgical reports of problematic resources with diagnostic and trend details.
- Business Groups – diagnostic and trend health scans for segmented business activities.
- Identification of consistent capacity utilization for no-regret Reserved Instance adoption.
- Reserved Instances Lifecycle – track the health of Reserved Instances after they are purchased.
- S3 Analysis – detailed health scan of S3 usage for better storage decision making.
Step 2 – Now that your Cloud is healthy, OPTIMIZE YOUR OPERATIONS and get more from your Cloud!
Getting onto the cloud has become easy, but effectively using the cloud has introduced a whole new level of complexity and chaos. As businesses grow and their clouds scale, it is hard for them to wrap their arms around all that is going on. With growing numbers of resources being deployed, it is easy not to implement all of AWS’s shared responsibility requirements. As a result, customers quickly find themselves exposed to many vulnerabilities. Many times quick spikes of growth have customers using Cloud resources in a sub optimal way that drives up unnecessary costs. Often, companies lack the visibility to see their growing number of resources and how these resources behave, and are not able to act in a timely manner when issues arise.
It is easy for Cloud consumers to feel they are working in the dark, overloaded with data coming from their remote cloud resources, and spending a lot of time and money trying to understand what is going on and what to do.
Newvem addresses this problem of operating in the dark.
Newvem’s approach is straight forward, collecting bottom up data from every Cloud resource being used on Amazon’s AWS Cloud Compute and Storage services. Newvem rolls up this data to provide a very clear and defined picture of how a certain Cloud is operating. Newvem presents a simple to understand baseline of current Cloud operations and recommends what steps should be taken to improve Cloud operations.
Newvem’s recommendations ensure you are able to get more out of your resources, eliminate waste, and avoid unnecessary vulnerabilities.
By capturing such rudimentary data, we allow our users to slice and dice their AWS usage across different groupings of AWS resources and provide them with segmented views of their AWS consumption as they support specific business units, business activities, and customers.
In doing so, Newvem quickly identifies, per specific business activity, cost and asset baseline, as well as sub-optimal use of cloud resources. Newvem also detects governance compliance, security, availability, and utilization vulnerabilities for each specified activity. Additionally, Newvem looks at how a business unit, group or service can better utilize its specific cloud resources and assess business related requirements. For example, the high service level need to support specific activities, as well as AWS charge backs to specific business units, including the allocation of any overhead costs in addition to actual AWS resource usage.
In summary, to get more out of your cloud, Newvem provides a Cloud Baseline status as a starting point for Cloud TCO improvements.
Newvem also provides many forms of guidance to better use AWS. We offer how-to guides, articles, a resource Center, getting started guide and more. We also facilitate outreach to a very vibrant community of Cloud users, Cloud experts, and industry leading partners who can be found on our web site.
The result: a suite of services that addresses the issues of both light cloud users, like SMBs and startups, as well as those with growing and large scale clouds, such as enterprises and large web-based organizations.
Step 3 – Profit from the Cloud: Align your cloud resources with business needs
Newvem is the leader in enhancing cloud usage effectiveness through data analytics. Newvem’s suite of tools utilize both cloud data analysis and crowd sourcing to enable CIOs and C-level executives, IT Managers, Cloud Operators, Developers and other Cloud Stakeholders to get more out of their cloud. By getting more out of your AWS resources, you are able to reduce your relative AWS resource unit cost and realize a significantly lower TCO for your Cloud lifts and bursts of variable workloads, and operate more efficient, compliant, secure, and cost effective clouds.
Now the cloud can become a predictable extension of a Customer’s data center to scale variable demand without having to incur a huge capital expenditure. If companies can master using the cloud to scale on the fly and meet unforeseen or variable demand, they will be able to capture additional revenue that otherwise would not have been achievable. When demand flattens, or – as we have witnessed over the last few years with the global recession – fluctuates or declines, it is critical to immediately scale back infrastructure and reduce costs to ensure the highest possible profit margin from new levels of demand.
Usage analytics allows users to see if their infrastructure is ready to scale to capture more revenue or if it should shrink to reduce unnecessary infrastructure cost. This approach increases the shareholder value of any company, as increasing margin directly impacts a company’s price/earnings ratio and grows a company’s valuation.