by Angela Guess
A new article out of the company reports, “Cloudability, a leading cloud cost management provider, today announced it has acquired DataHero, a leading provider of self-service cloud BI. The acquisition positions Cloudability to better meet the demands of the rapidly growing cloud computing market. DataHero’s San Francisco location will become Cloudability’s first Bay Area location and a key part of future expansion.”
Mat Ellis, CEO of Cloudability, commented, “As companies spend more to run applications on public clouds, effectively managing deployment costs becomes increasingly important and complex. Mastering the cloud at scale requires thinking about spending as ‘what did it cost us to do some important business activity?’ instead of ‘how much did I spend on IT last month?’. The activity can be almost anything: a webpage served, a widget sold, a ride taken across town or even a flight to the other side of the planet… For the last few years, DataHero has been helping their customers analyze and understand the business activities that matter most. That kind of innovation and expertise will be invaluable to our users.”
The article continues, “The cloud computing and infrastructure market is expected to grow to $43 billion by 2018, according to Goldman Sachs. But the flexibility of the cloud is a double-edged sword. The cloud provides incredible access to computing resources, and as deployments grow, organizations face increasing visibility and management challenges. Cloudability makes it easy to monitor spending, optimize costs and govern cloud deployments, saving organizations an average of 30 percent on cloud costs in the first six months.”
photo credit: Cloudability