Operations | Monitoring | ITSM | DevOps | Cloud

The irony isn't lost on us - observability platforms are built to be proactive about system health, yet when it comes to managing observability costs themselves, teams are forced to be reactive. Today, that changes with Cost Meter, now live in our platform. Cost Meter transforms observability spend management from a monthly billing surprise into a proactive, data-driven process with hourly aggregated metrics that give you complete visibility into your telemetry ingestion patterns.

Kubernetes, also known as K8s, is an open-source, portable, and scalable container orchestration platform. With K8s, you can reliably manage distributed systems for your applications, enabling declarative configuration and automatic deployment. Yet, K8s can be resource-intensive and costly, with a rather steep learning curve. But in 2019, a lighter, faster, and potentially more cost-effective alternative appeared: K3s. Still, K3s is not a magic wand that works for all Kubernetes deployments.

If you’re struggling to contain cloud costs in this suddenly volatile AI-fixated environment, it might be time to consider FinOps as an exercise in granular allocation and unit economics, with a focus on outcome.

Cloud cost management is a big deal right now. For instance, 58% of organizations say their cloud costs are too high, according to our State of Cloud Cost report. Over the last five years, several other studies have shown that controlling cloud spend is a top cloud computing challenge. There’s more. As AI adoption accelerates, a new challenge has emerged: managing the rapidly growing costs of AI in a scalable and intelligent way.

Fall is here again! These headlines might not be as good as a maple-sugar doughnut and a pumpkin-spiced coffee, but they’re excellent news for FinOps practitioners nonetheless (and they won’t put you into a sugar coma).

We’ve seen the same story play out time and time again in numerous SaaS companies: The problem often begins when engineers — with a technical understanding of cloud costs and a deep understanding of how to build robust products — struggle to communicate the actual business impact of their efforts to company leaders.

Finance and engineering both thrive on efficiency. So when companies realize they’re wasting cloud spend, but aren’t sure where or how, both teams become frustrated. It’s remarkable how common this scenario has become, particularly over the past five years. Before the pandemic, Gartner reported that companies wasted over $14 billion on cloud services. During the cloud adoption surge in 2020, IDG found that 70% of US businesses overspent by as much as 62%.