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Product updates
Octo
Cloud Cost Optimization
October 1, 2024

Product Release Notes September 2024

Charlene Acson
Technical Writer
Translations are provided by machine translation. In the event of any discrepancy, inconsistency or inconsistency between the translation provided and the English version, the English version shall prevail.
Table of contents

September Updates You Can’t Miss!

As cloud environments become more complex, managing costs effectively becomes increasingly challenging - and that’s exactly why your organization needs Octo.

Welcome to another edition of Octo’s Product Release Notes! This month has been both fun and productive as our team worked hard to develop exciting new features and smart recommendations. In this article, we’ll take a look back at all the enhancements made to Octo and how they will help you better manage your cloud costs to maximize your ROI. We are committed to making Octo the ultimate cloud cost management tool, to perfectly tailor it to your organization’s needs, and ensuring an enhanced and seamless product experience.

Catch up on the latest developments from this final month of the quarter and discover how these new features can benefit you.

Check Out This Month’s Game-Changers

This month, we’ve packed in four new features and eleven recommendations to supercharge your cloud management, making it more effective and efficient than ever before. Let’s dive in and see what September has installed for us!

Fresh Look for Optimization Recommendations

First Up, we’ve given the Recommendations page a complete makeover to make navigating and understanding your usage and rate optimization easier. With this improved design, everything feels more intuitive, giving you a smoother experience.

Here’s the scoop: We’ve split usage and rate optimization into dedicated tabs for better organization. The filters are now conveniently placed on the left, and the recommendations table sits on the right, creating a cleaner, more efficient layout that’s easy on the eyes and super simple to use.

Here take a look!

Insights Report: Discover Your Hidden Savings Opportunities!

We are also introducing a brand-new section to your Insights Report, the ‘Estimated Unrealized Rate Optimization Opportunities!’ This feature highlights untapped potential savings in your cloud environment.

Heads up: You’ll need to generate a new Insights Report to check out this new awesome addition.

And here’s what you’ll find in this section:

Estimated Unrealized Rate Optimization Savings by Account

Get a breakdown of the top 6 accounts where optimization opportunities are ripe for the taking but haven’t been used yet. These accounts are ranked by potential monthly savings you’re leaving on the table, from highest to lowest.

Top AWS Unrealized Rate Optimization Recommendations for the Quarter

You can also see the top 10 AWS  Recommendations for the Quarter, ranked by potential monthly savings. This section shows you a list of recommendations where you could be cutting costs and max your savings.

Check this out and see where you can max your savings

Time Zone Magic

Just the right time!

With our new Time Zone implementation, you can now pick your preferred time zone so all your updates and times sync perfectly with your setting. 

Oh, you’re not a fan of manual work? No problem!

Stay in sync!

If you haven’t got the time to set your time zone, we got your back! The system automatically adjusts to your local time zone. Plus, we’ve added an auto-detect option that does that for you! When enabled, it detects your current location’s time zone and applies it instantly on your app. It’s set to auto by default, making sure you’re always in sync without lifting a finger.

Group By…Category!

For the last feature, you can say goodbye to digging through endless expenses for individual services like DynamoDB, EC2, or S3! The new Group By Category filter in cost group takes the complexity out of cloud cost analysis by bundling these services into easy-to-understand categories like compute, storage, databases, and networking. With this, creating insights has never been easier. Plus, you can level up your analysis by combining this category view with other filters like daily or monthly time period for extra insights.

And the best part? This feature works across GCP, Azure, and AWS, giving you a consistent, big-picture view of your spending across all platforms.

An intuitive way to analyze cloud cost

Recommendations Unleashed!

We’ve also added a bunch of recommendations from AWS that focus on cost optimization and best practices to help you level up your AWS resource management. These tips are designed to minimize your cloud spending, boost system performance, and keep you securely compliant.

Here are the new recommendations you need to check out:

  • AWS Account Not Part of AWS Organizations
  • AWS Well-Architected high risk issues for cost optimization
  • S3: S3 version-enabled buckets without lifecycle policies configured
  • S3: S3 Bucket Lifecycle Policy Configured
  • EC2: Instances Consolidation for Microsoft SQL Server
  • EC2: Instances Over-provisioned for Microsoft SQL Server
  • ECR: Repository Without Lifecycle Policy Configured
  • Route53: Latency Resource Record Sets
  • Inactive NAT Gateways
  • Inactive AWS Network Firewall
  • Network Firewall Endpoint Independence

As always, if you want to know more about the details of these recommendations, feel free to check out our documentations.

Unlock the Next Level of Cloud Cost Management with Octo!

Keep leveling up your cloud cost management with Octo! With these exciting new features and smart recommendations, you'll unlock unstoppable savings and maximize your cloud potential like never before.

Don’t miss out on these similar exciting updates! Visit our website to learn more: www.alphaus.cloud/en

For comments and suggestions, contact us at: support@alphaus.cloud

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