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March 8, 2012 11:30 pm GMT

Newvem Wants To Help AWS Customers Spend Less Money On The Cloud

newStealthy startup Newvem is debuting today with new SaaS based service for Amazon/AWS customers that aims to help businesses spend less money and gain more value from Amazons cloud infrastructure. Basically, the free app is built for Business Managers, IT Managers and Dev Ops to get to know their clouds, so they can better see what resources are being used and not used. Cloud spending can be expensive and Newvem wants to help users pinpoint where to optimize their resource usage and budget consumption. Integrated with AWS, Newvem tracks down-to-the-minute resource usage, learns the behavior of every resource, and identifies service level variations and life-cycle events.

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