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Virtual Instruments acquires Metricly to help customers optimize cloud spending
Infrastructure performance management firm Virtual Instruments Inc. is adding cloud cost optimization to its repertoire of skills through the acquisition today of Metricly Inc.
Virtual Instruments provides tools that help companies to understand, manage, optimize and automate their hybrid information technology environments.
The company has been steadily expanding the types of services it offers. Last year, for example, it added a new migration tool that helps organizations simulate the experience of moving their applications to cloud infrastructure platforms, so they can identify any potential issues before they actually go ahead with the move.
Now, its users will also be able to work out just how much those cloud migrations will cost them. Metricly, which was previously known as Netuitive, sells tools that help companies to analyze and optimize workloads and services running on Amazon Web Services and other public cloud infrastructure platforms in order to get the most bang for their buck.
With the acquisition of Metricly’s platform, the company said in a statement, Virtual Instruments is expanding its hybrid information technology infrastructure management portfolio to encompass what it said is the full range of the cloud deployment models, including public, private, hybrid and multicloud environments.
The plan is to integrate Metricly’s tools with Virtual Instruments’ VirtualWisdom platform, allowing users to estimate the costs of, and gain more value from, cloud-based services including AWS Lambda, EC2 and ECS. Altogether, more than 80 new integrations will be added to VirtualWisdom as a result of the acquisition, including various software container, database and messaging services.
The ability to better optimize costs for these kinds of workloads should help to make Virtual Instruments a much more attractive proposition, said 451 Research Inc. analyst Nancy Gohring.
“[Enterprises] recognize that cost optimization is an important component of hybrid operations, where a clear understanding of cloud costs is an important factor in determining the best execution venue,” Gohring said.
Photo: Virtual Instruments/Facebook
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