Originally published on Cloud Computing Magazine

Cloud computing technology has revolutionized processes throughout every industry, enhancing every facet of production, service, and welfare. This sector is growing exponentially; as Gartner reports, worldwide end-user spending on public cloud services is expected to grow 20.4% in 2024, reaching $678.8 billion by the end of the year.

This surge in cloud spending has been accompanied by huge success for adoptive companies who’ve fully integrated the most up-to-date cloud technologies into their infrastructure and have subsequently reaped the benefits. 

However, many SMBs have encountered problems in multiple areas. With the cacophony of cloud solutions made available on the market, making an absolute decision for a specific use case can prove challenging. Moreover, as competitors pull ahead and the pressure to adopt more powerful technology heightens, cloud strategies can become confused. Mistakes and carelessness become reflected in the cloud infrastructure itself, often leading to a variety of inefficiencies that cannot be fixed without the proper tools.

For companies already grappling with their budgets, a cost-effective alternative is required to reduce the risk in cloud adoption and optimize the technology already in use. Managed Service Providers (MSPs) can provide this service. By outsourcing the responsibility for maintaining cloud infrastructure, MSP clients can take advantage of innovative technology and expansive knowledge without budget expenditure toward directly employed staff or purchasing the latest equipment.

Just as important as the MSP themself is the equipment they use. Kalibr8, creators of a robust optimization platform, recently unveiled Kalibr8 2.0, a considerable update to their previous offering, which provided a ‘single pane of glass’ approach to cloud and IT optimization and management. 

Ben McGahon, founder and CEO of Kalibr8, explained. “Our optimization platform is designed specifically for MSPs and two-tier distributors of cloud-based services. We provide the only 100% channel-focused automated cost optimization SaaS platform in the market.” He continued. “This major release, enriched by AI and Machine Learning techniques, allows our platform to implement ongoing policies and optimize cloud growth while controlling expenses in a completely automated manner. Simply by licensing Kalibr8 solutions, MSPs and their end customers can immediately reduce cloud spend 25%-60%.” 

As part of the release of Kalibr8 2.0, two new powerful tools, Navig8 and Illumin8, were also introduced.

Navig8 is an automatic discovery and navigation service designed specifically for the use case of MSPs, enabling them to create cost-saving projects for their customers through a five-step process. Navig8 discovers decommissioning, rightsizing, reserved instance analysis, and optimization recommendations in minutes, delivering a detailed report of potential cost savings. 

On the other hand, Illumin8 is a cloud-based analytics platform that provides actionable financial and operational data and business insights. With insights across all MSPs’ customer Azure resources, Illumin8 is an essential part of Kalibr8’s updated SaaS platform. Leveraging the latest machine learning and AI techniques, Illumin8 delivers highly accurate and valuable financial and business insights.

MSPs utilizing these powerful solutions can easily onboard as many customers as they want, with clear definitions showing precisely how much is being spent on cloud consumption and where the spend can be reduced in near real-time. This unified multi-cloud management experience empowers MSPs to streamline the use of cloud resources and optimize their cloud spending depending on each client’s specific scenario.

By leveraging Kalibr8’s solutions through frontrunning MSPs, companies can take control of their multi-cloud management and optimize their cloud spending. Using advanced technology, a cloud-native and channel-only approach, and a suite of capabilities, MSPs adopting the Kalibr8 approach can effectively navigate the complexities of multi-cloud environments and deliver efficient and cost-effective IT service delivery to their customers.