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Logicworks Debuts Cost Management for AWS Customers

PRESS RELEASE — NEW YORK – July 26, 2016 Logicworks, an Amazon Web Services (AWS) Premier Consulting Partner in the AWS Partner Network (APN) and a member of the AWS Managed Services Program, announced today the launch of CostLogic, a comprehensive cost management solution that helps customers plan, monitor, and manage their AWS spending.

With CostLogic, Logicworks performs gap analysis and develops cost strategies that adjust and/or eliminate underutilized instances. This enables customers to reduce waste, improve performance, and more accurately predict future costs. In addition, CostLogic’s analysis recommends the purchase of on Amazon Elastic Cloud Compute (Amazon EC2) Reserved Instances where appropriate, further cutting on-demand costs. Cost tagging simplifies reporting, provides transparency into resource usage, and enables bill backs and return on investments tracking. Lastly, Logicworks automation can match Infrastructure as a Service (IaaS) supply with end-user demand, handle scheduled shutdowns to streamline resources, and eliminate waste.

“As a global eCommerce business, PartyLite depends on reliable, secure, cost-efficient infrastructure resources to power our global eCommerce platform,” says Sandra Duphily, Director of Technology, PartyLite. “Logicworks helps make AWS costs more transparent, reduce our usage costs through Reserved Instance planning and Auto Scaling, and makes us confident that we are getting the most out of the cloud.”{ad}

Logicworks also brings the advantages of Amazon EC2 Spot Instances to customers through integration with and management of Spotinst, a cloud utilization optimization company. This combination of the Spotinst algorithm coupled with the Logicworks proprietary automation platform lets companies more reliably use Spot Instances by leveraging a prediction engine that anticipates the failure of Amazon EC2 Spot Instances and automatically launches and integrates a new instance based on customer needs.

“Implementing a cohesive spend management and budget strategy has become increasingly difficult due to lack of visibility or predictability in the cloud due to its dynamic nature and still maturing best-practices,” said Jason McKay, CTO and SVP of Logicworks. “CostLogic was designed to both give customers this visibility, but also to drive significant cost savings, freeing up resources to migrate more projects, faster, and realize even more value from AWS.”

CostLogic is available for Logicworks and AWS customers today. For more information, please visit http://Logicworks.net

About Logicworks
Logicworks is a leading provider of DevOps cloud automation and managed services for the enterprise. As an AWS Premier Consulting and a member of the AWS Managed Services Program, Logicworks has proven expertise in managing complex cloud infrastructures for enterprise clients in the healthcare, financial services, and commerce industries. Contact Logicworks at 212-625- 5300 or visit www.logicworks.net.


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