Newvem Launches Cloud Analytics For IT Managers and C-Level Executives

Newvem Launches Cloud Analytics For IT Managers and C-Level Executives

Newvem Reveals High-Level Usage View of Amazon Web Services (AWS) Cloud Costs, Assets and Risks

San Francisco (October 17, 2021)

In response to popular requests by IT executives, Newvem (www.newvem.com), a leader in providing cloud analytics for Amazon Web Services (AWS) customers, today released its new “Managerial View” cloud usage analytics. Developed as a counterpart to its existing web-based usage analytics for developers and operators, Newvem’s “Managerial View” gives IT managers and chief information officers a concise, high-level snapshot of their company’s AWS cloud usage and performance, allowing them to quickly identify unexpected costs trends, operational risks and inventory bursts as well as recommended adjustments to meet overall business performance — from one single web pane.

Newvem understands that cost directly correlates with how efficient and effective cloud performance is with meeting a company’s key business goals. The web-based Managerial View illustrates this correlation by offering quick visibility into the daily trends and factors that influence the cost and performance of cloud consumption, including:
• AWS compute costs, such as cost aggregations over daily, weekly or 30-day periods and an estimated predicted monthly cloud bill
• Amazon Elastic Compute Cloud (Amazon EC2) assets, such as compute instances and the Amazon Elastic Block Store (Amazon EBS) volumes running behind them, associated costs with Amazon EC2 assets and quick detection of any level of severity for abnormal behavior
• Recommended actions to improve usage efficiency and effectiveness of AWS cloud resources and reduce relevant costs of the current operational usage level
• Prioritized operational cloud risks, highlighting security vulnerabilities, utilization levels, and availability exposures

“At Newvem, we want to help the busy executive and their high-level managers to find profit in the AWS cloud by making it simple to sync cloud deployment with business performance,” says Zev Laderman, CEO and co-founder of Newvem. “Our new Managerial View helps achieve this goal by offering IT managers and CIOs a concise, powerful view of their AWS cloud, which eliminates any guesswork by visually laying out their cloud’s past and expected trends. This quick snapshot helps them to determine whether their underlying infrastructure is in-line with the behavior of the company’s business so that cloud costs are aligned with revenues and target margins.”

Since its beta launch earlier this year, Newvem Analytics have been tracking and analyzing hundreds of thousands of Amazon Web Services (AWS) servers, successfully showing users how to save millions of dollars and improve cloud costs through the company’s usage analytics. Initially, Newvem Analytics focused on giving developers and operators the detailed information needed to run a more efficient and effective AWS cloud. Now, through the Managerial View, Newvem provides high-level managers with actionable insights to help ensure that their AWS cloud usage and costs are in sync with the company’s business performance.

Added Ilan Naslavsky, CTO and co-founder of Newvem: “For IT managers and chief information officers, making the right infrastructure decision can be very time intensive and complex. Now, the Managerial View takes away the complexity by providing only the most critical and relevant data to help managers ensure they reach the most efficient and effective usage decision for their infrastructure and overall business performance.”

For more information on or to sign up for Newvem Analytics, please go to www.newvem.com.

About Newvem
Newvem enables CTOs, IT managers, and DevOps to profit from the cloud by syncing cloud deployment with business performance. Helping AWS users to ensure that their cloud grows with revenues and shrinks with decreasing demand, “Newvem Analytics” analyzes AWS cloud behavior, reveals insights related to costs, assets and risks, and recommends solutions to manage their cloud more efficiently and effectively.

The company is led by industry professionals and has raised $4M in Series A funding with participation from Greylock Partners, Eric Schmidt’s Innovation Endeavors, and Index Ventures. For more information and to sign up for free, please visit  www.newvem.com.