Vendors sure like to talk a big game. The most recent example: Cloudyn, which is boasting it’s “[ended] rampant need for overprovisioning in the cloud” with the general availability of its new SaaS cloud cost-management solution. In essence, Cloudyn is offering customers a way to “dynamically optimize” their usage of the Amazon Web Services cloud (with support for more providers coming soon), purportedly saving up to 40 percent of every dollar spent in the public cloud.

The idea is that users deploy Cloudyn’s hosted solution and it provides insight into cloud usage and spending, according to the press release. That’s step one. Next, it provides “personalized” next steps on choosing a pricing plan and maximizing the efficiency of users’ cloud deployments.

The press release quoted Paul Burns, president of cloud analysis firm Neovise, as he explained the market differentiation of Cloudyn:

In its beta form, Cloudyn monitored 50,000 virtual servers and came up with an average of 40 percent cost savings per customer, with over $1 million saved in aggregate, according to the company. As a promotional effort, Cloudyn is completely free through May 1, 2012, after which it’ll go to a subscription-based model.

Cloudyn will bring its multicloud API to whatever service provider the market demands, according to the company. We’ll be watching closely for updates, as the true cost of the cloud remains a hot topic, so stay tuned to TalkinCloud for more.