On February 16, 2023, Orca Security, a pioneer in agentless cloud security, announced that the Orca Cloud Security Platform now includes a cloud cost optimization framework, which assists organizations in reducing unnecessary cloud consumption and optimizing cloud costs while providing unrivaled security with the deepest and broadest visibility.
By using its proprietary SideScanning™ technology, Orca is now applying unparalleled insights into cloud environments, thereby allowing organizations to track and manage cloud spend. Unlike other cloud cost management tools, Orca's platform has the ability to identify more opportunities for cloud cost savings by having a deeper understanding of cloud workloads and their operations.
Despite considering cost efficiency a motivator for cloud adoption, several organizations are experiencing high expenses in their monthly cloud bills, mainly due to underutilization and forgotten cloud infrastructure resources. The 2022 State of the Cloud Report by Flexera indicates that organizations lose up to 32% of their monthly cloud expenses.
Orca's Cloud Cost Optimization feature addresses the problem of wasteful cloud spending by continuously aggregating relevant alerts about unnecessary cloud infrastructure spending across all supported cloud service providers. These providers include Microsoft Azure, Amazon Web Services, Google Cloud, and Alibaba Cloud. In addition, the Orca platform simplifies the cost optimization process by categorizing alerts based on cloud infrastructure that is causing excessive spending, such as virtual machines, databases, keys, and load balancers, making deallocation quick and easy for organizations.
Even though Stopped VMs on Google Cloud and AWS and deallocated VMs on Azure do not incur charges, many organizations are unaware that they still incur costs for the resources associated with those VMs until they are deleted. Orca assists organizations in recognizing resources attached to stopped or deallocated VMs to avoid incurring undesired charges, including Elastic IP addresses and EBS volumes on AWS, OS and data storage disks on Azure, and persistent disks and external IP addresses on Google Cloud.
About Orca Security
Founded in 2019, Orca Security is a leading global firm that provides agentless cloud security solutions to hundreds of enterprises. Its Cloud Security Platform can detect, prioritize, and fix security risks and compliance issues across cloud environments such as Azure, AWS, Google Cloud, and Kubernetes. The company's patented SideScanning™ technology and Unified Data Model make security possible for organizations moving to and scaling in the cloud and enable them to secure their cloud infrastructure while providing comprehensive coverage and visibility of all risks. With continuous first-to-market innovations, the Orca Platform ensures security teams can quickly identify and remediate risks, keeping businesses secure.