New Feature: Manage Cloud Spending with Kore Cost
We're excited to announce the launch of our cost prediction and visibility tool - Kore Cost. Kore Cost is integrated within the latest version of our Kore platform to compare costs from AWS, Azure and GCP at the planning and provisioning stage, as well as provide ongoing visibility of actual costs incurred by a team's infrastructure.
Kore Cost’s capabilities help stop project costs from spiralling out of control in early stage development so that you can embed a cost-first development approach and budget for the right size infrastructure from the get-go.
We built Kore Cost with a developer-centric approach, embedded into our self-service multi-cloud developer platform which automates Kubernetes setup for teams.
Why did we create Kore Cost?
We developed Kore Cost in response to the inordinate amount of time it can take for DevOps engineers and developers to identify the most competitive cloud solution for their projects. By enabling different solutions to be instantly compared, we predict that the average business will save up to 60% in cloud infrastructure costs and around two days of time provisioning.
Engineering teams are also able to see cost implications across different cloud providers and reusable cloud templates (plans), and immediately see how altering node pool sizes and instances would change these costs. Kore Cost also gives visibility over cloud consumption by the team or project, rather than just one single cost at the end of the month.
“The cloud has allowed businesses to innovate, develop and deploy on a scale that was unimaginable several years ago, but understanding what impact that might have on your bottom line has proved challenging. There’s so many factors to consider, that it could take days to draw up an accurate assessment of what a project might actually cost when everything is up and running.
“Developers have traditionally been out of the loop when it comes to the financials of a project, but they’re the ones with the skills and understanding of the build to be able to assess where costs can be saved." - Jonathan Shanks, Appvia Co-Founder and CEO
Benefits of Kore Cost
Cost Visibility: Compare cloud provider costs at the point of decision making and extend that visibility to development teams.
Granular Breakdowns: Applications and cloud services are grouped into categories to represent the total cost of a microservice, environment or application stack.
Real-time Updates: Near real-time visibility of costs split out by existing projects or teams to help you to keep budget under control.
Budget Awareness: Set budgets to provide teams with awareness of their ongoing spending against a listed allocation.
Time Saving: Costs are broken down for you in detail, so you can skip the long process of manually researching and comparing cloud costs.
Resource Optimisation: Mechanisms within Kore Cost allow you to pinpoint services that aren’t being used, further conserving your budget and resources.