Oracle Cloud Customers Can Use CloudVane to tackle Cost Management Challenges in Multi Cloud Deployments

Zagreb, Croatia – 10 April 2020

News Facts

NEOS, a leading provider of Multi Cloud Cost Control software and a member of Oracle PartnerNetwork(OPN), today announced that its industry unique product CloudVane has achieved Powered by Oracle Cloud and Powered by Oracle Autonomous Database Cloud status after thorough performance, security and stability testing, offering added value to Cloud customers in general.

CloudVane is based on FinOps methodology and will empower organizations with visibility, predictions, cost allocation, budgeting and automation through three iterative phases – Inform, Optimize and Operate.

Start to understand your cloud cost by giving teams visibility on a near-real-time basis using configurable dashboards and reports. Drill down into granular cost allocation using organization hierarchy and define budgets and actions on predefined thresholds.

CloudVane uses monitoring data and feeds it into predictive models to provide a list of optimal rightsizing recommendations.

Anomaly detection will detect changes in your cloud infrastructure and make sure you are the first to know about it. Automate your day to day tasks and act on recommendations with a single click. Quickly start and stop your development environments by grouping resources and assigning predefined, scheduled actions.

The CloudVane runtime environment is hosted in the Oracle Cloud and fully managed by NEOS.

• Oracle Autonomous Database is used as a database service. It provides an intelligent self-driving, self-securing and self-repairing database that can instantly scale to meet demands in a real-time.
• Oracle Cloud Infrastructure Load Balancing service is used to handle all traffic and transport security.
• Oracle Cloud Infrastructure Web Application Firewall is used for intelligent application and infrastructure protection, providing protection for 250 predefined OWASP rules, and more.
• Oracle Kubernetes Engine cluster is used for all container management.
• Oracle API platform is used for managing APIs.
• Application components are designed as microservices, dockerized and deployed in OKE.

The Oracle Cloud Marketplace is a one-stop shop for Oracle customers seeking trusted business applications and service providers offering unique business solutions, including ones that extend Oracle Cloud Applications. Oracle Cloud is a Generation 2 enterprise cloud that delivers massive, non-variable performance and next generation security across a comprehensive portfolio of services including SaaS, application development, application hosting, and business analytics. Customers get access to leading compute, storage, data management, integration, security, HPC, artificial intelligence (AI), and Blockchain services to augment and modernize their critical workloads. Oracle Cloud runs Oracle Autonomous Database, the industry’s first and only self-driving database.

“CloudVane is a cloud native application, developed and built on Oracle Cloud Infrastructure using its services to provide end user with the best experience while tackling multi-cloud management and cost optimization.” said Davorin Capan, CEO, NEOS. “We look forward to continue leveraging the power of the Oracle Cloud and future enhancements to help us achieve our business goals.”

“The cloud represents a huge opportunity for our partner community,” said David Hicks, vice-president, Worldwide ISV Cloud Business Development, Oracle. “Neos’s commitment to innovation with the Oracle Cloud and quality execution to help our mutual customers receive cloud-enabled cost control and management solutions ready to meet critical business needs.”

Powered by Oracle Cloud and Powered by Oracle Autonomous Database Cloud recognizes OPN members with solutions that have been validated to run on Oracle Cloud. These achievements separately offer customers confidence that the partner’s application has been validated and, where applicable, is supported by the Oracle Cloud Infrastructure SLA, enabling full access and control over their cloud infrastructure services as well as consistent performance.

About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) is Oracle’s partner program designed to enable partners to accelerate the transition to cloud and drive superior customer business outcomes. The OPN program allows partners to engage with Oracle through track(s) aligned to how they go to market: Cloud Build for partners that provide products or services built on or integrated with Oracle Cloud; Cloud Sell for partners that resell Oracle Cloud technology; Cloud Service for partners that implement, deploy and manage Oracle Cloud Services; and License & Hardware for partners that build, service or sell Oracle software licenses or hardware products. Customers can expedite their business objectives with OPN partners who have achieved Expertise in a product family or cloud service.  To learn more visit: http://www.oracle.com/partnernetwork

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Oracle and Java are registered trademarks of Oracle and/or its affiliates.

CloudVane is registered trademark of Neos.