CloudZero

The 2024 State Of Cloud Cost Report is now live! Highlights include: 👉 Engineering ownership equals a better understanding of cloud cost. Data points to a positive correlation between engineering ownership and better business outcomes, like greater confidence in reporting accuracy. 81% of respondents said their cloud costs are “about where they should be” when engineering has some level of ownership. 👉 Job stability concerns tied to cloud costs. 75% of employees said they fear losing their jobs if cloud costs abruptly surge by 50% or more. This unease is heightened among employees at larger companies, with 100% of those at organizations with over 9,000 personnel fearing their positions are vulnerable. 👉 There’s been a shift in cloud cost attribution confidence. In 2022, public companies fared worse than venture-backed or private equity-owned companies when it came to cost attribution. But in 2024, venture-backed companies report having the least confidence in attributing cloud spend (32%). 👉 Nearly nine in 10 respondents say poor cost visibility affects their ability to perform. Not only does low cost visibility cause a lot of disruption, but it also has a big impact on job performance. A whopping 89% of respondents said that lack of cloud cost visibility has an impact on their ability to carry out their role. Just under half report a significant impact, while only 11% said it has no impact at all. The survey is available for viewing here: https://lnkd.in/esnEwbBX #Cloud #FinOps #SaaS

We're excited to share that CloudZero will be at DevOpsDays Boston on October 21-22! Discover how we empower DevOps teams to optimize cloud spending while keeping innovation at full speed. 📍 Where: DevOpsDays, Boston 🗓️ When: October 21-22 Learn how CloudZero seamlessly integrates cost management into your DevOps workflow, ensuring every deployment is cost-effective and aligned with your goals. - Live platform demos - One-on-one sessions with our cloud cost experts - Networking with fellow DevOps professionals We can't wait to connect with you! Register today to meet up with us! https://bit.ly/3Zz2ESL #DevOpsDays #FinOps #CloudCostManagement #DevOps

You don’t have to say it — but we love it when you do. Thanks Stephen Hazleton at Elliptic for such a generous quote. We look forward to it, too. #HappyCustomer #CloudCost #CustomerQuote

Only a third of organizations reported an exact understanding of their business expenses 🤷 This shift aligns with what we’ve heard from practitioners: companies of all sizes have had to focus more on efficiency across their business in the past two years. Full report: https://bit.ly/3VQWPwE #Cloud #FinOps #DevOps

HighRadius leverages CloudZero to pinpoint precise resource-level inefficiencies in cloud spend, a task challenging with standard analytics. This granular insight allows for targeted optimizations, transforming vague line items into actionable intelligence. #Cloud #FinOps

Our founder & CTO Erik Peterson is in San Francisco this week. Connect with him at the AWS Startup Partner Summit or on Thursday for FinOps & Sushi.

One of the biggest advantages for orgs that have implemented FinOps is simply the presence of a consistent, smooth, and well-planned route through the software development cycle. (A well-engineered route for engineers, if you will!) #SoftwareDevelopment #FinOps #Cloud

Is migrating to Amazon EBS GP3 or GP2 volumes a no-brainer or is there more to this than meets the eye? 🤔 Before switching, consider these details as we compare the two. https://bit.ly/4cxBWxe #Amazon #GP2 #GP3 #CloudStorage

There are small steps, and there are giant leaps. CloudZero’s new Boston Collaboration Center is decidedly the latter. A company is only as strong as the relationships it fosters. CloudZero’s Boston Collaboration Center is designed to strengthen ties and build meaningful connection between our exceptional people, and to act as a hub for knowledge sharing, creativity, and innovation. A NEVY for Hottest Startup. A Business Insider “Most Promising Startup” citation. Nearly $50M in funding and more than $5B cloud spend under management. It’s been a torrid 12 months of growth for CloudZero … we could get used to the view from the top. #CloudCost #FutureOfWork #LifeAtCloudZero

Two-thirds of companies can’t accurately report unit costs 😮 When asked how well they can attribute cloud spend to different aspects of their business (e.g., customers, products, features), 42% of respondents said they’re only able to give an estimate. #Cloud #FinOps #DevOps