Audience
Cloud Cost Management platform designed to help companies
About BidElastic
It isn’t always straightforward to benefit from the rich features of cloud services. To make it easier for businesses to use the cloud, we developed BidElastic as a resource provisioning tool with two components: BidElastic BidServer cuts computational costs; BidElastic Intelligent Auto Scaler (IAS) streamlines management and monitoring of your cloud provider. The BidServer uses simulation and advanced optimization routines to anticipate market movements and to design a robust infrastructure for cloud providers’ spot instances. To match demand in volatile workloads, you need to scale your cloud infrastructure dynamically. But that’s easier said than done. There’s a traffic spike and only 10 minutes later are new servers online. In the meantime you’ve lost customers who may never come back. To scale your resources properly you need to be able to predict computational workloads. CloudPredict does exactly that; it uses machine learning to predict computational workloads.