Operations | Monitoring | ITSM | DevOps | Cloud

As businesses shift to a digital-first environment, cloud computing will play a dominant role in delivering greater flexibility and faster innovation. In a recent report by Deloitte, nearly 90% of US-based senior decision makers proclaim cloud to be the cornerstone of their digital strategy. Covid accelerated cloud migration initiatives, with no signs of slowing down. Gartner forecasts worldwide end-user spend on public cloud services will grow by 20.4% in 2022 to a total of $494.7 billion.

We are excited to share that Anodot’s Cloud Cost Management solution has been named a Challenger and Fast Mover in the 2022 GigaOm Radar for Evaluating Financial Operations (FinOps) Tools report.

Cloud spend is a significant line item in every company’s IT budget, and controlling it is especially important in today’s challenging economic climate. A steep decline in share prices, valuations, and a slowdown in venture capital funding have led CEOs to cut costs within their large line items, reduce their workforce, and reevaluate their unit economics — especially their margin per customer. The question is, how many organizations know their margin per customer?

We are excited to share that Anodot’s Cloud Cost Management solution has been named a Challenger and Fast Mover in the 2022 GigaOm Radar for Evaluating Financial Operations (FinOps) Tools report.

More enterprises are adopting cloud computing to ensure that they can accelerate innovation, stay competitive, and enjoy cost savings. This trend has only increased in the last two years with the rise of remote work necessitated by the COVID-19 pandemic. With the rise of cloud adoption, multi-cloud and hybrid cloud deployments are increasing in popularity as well. According to a Gartner survey, 81% of survey respondents are using two or more cloud providers.