AWS Acquires Cloud Cost Optimization Technology Company TSO Logic

Cloud Computing News

AWS_Acquires-Cloud-Cost-Optimization-Technology-Company-TSO-Logic AWS Acquires Cloud Cost Optimization Technology Company TSO LogicAmazon Web Services, earlier this month, has acquired Vancouver-based TSO Logic delivers a platform that supports enterprises right-size their environments and determine the total cost of ownership. The company’s solution is generally utilized by solution providers to make a decision where to host workloads, whether in Public Cloud or private, by precisely comparing their respective costs. However, both companies didn’t disclose the terms of the deal.

The Cloud cost optimization tech company provides an integrated, open platform to optimize application delivery in any data center ecosystem. The software delivers visibility into IT operations, actionable analytics and automated controls for advancing performance. TSO Logic said in a statement that its technology consumes volumes of data points, including age, generation, and configuration of all hardware and software they’re operating and each instance’s past utilization from user’s existing environment. Then that data combined with Machine Learning algorithms that are utilized to generate a statistical model of compute patterns to forecast an exact spend, and notify users of where resources are over-provisioned, and where savings can be realized.

Amazon Web Services, January 13, also acquired CloudEndure, which provides technology utilized in the shifting process and for disaster recovery as well. Founded in 6-years ago in 2013, TSO Logic delivers analytics and algorithmic decisions for transforming enterprise computing, by its current CEO, Aaron Rallo. It is part of a rising entity of startups that utilize data to find paths to optimize Cloud workloads and quickly evaluates millions of data points and suggests actions for rightsizing and right-costing compute throughout multiple Cloud environments.