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Snow Software and Anodot are embarking on a new partnership to address cloud cost management issues.
As part of the partnership, Snow will introduce a cloud cost management solution for multi-cloud and Kubernetes environments—including Amazon Web Services, Microsoft Azure and Google Cloud Platform providing actionable savings recommendations.
“We believe the traditional approach to managing cloud costs is no longer sufficient, and it’s time to address the next evolution of cloud cost issues,” said Vishal Rao, President and CEO of Snow. “Organisations that struggle to manage their investments often end up paying for more than they need. With our combined expertise, Snow and Anodot are uniquely positioned to make an immediate and meaningful impact to an organisation’s cloud investment because we are bringing together two key disciplines – ITAM and FinOps. Snow has a long history of providing organisations actionable insight into technology investments that goes beyond IT asset management, what we call technology intelligence. With this partnership, we are bringing technology intelligence to cloud cost management to give our customers more control, more visibility and more decision-making power over their cloud investments.”
Snow’s vision for technology intelligence enables organisations to accelerate data-driven decision making by providing complete visibility into all technology within their organisation, combined with built-in intelligence to optimise cost, usage, and risk. To make this vision a reality, Snow is broadening its ecosystem of technology partners that will bring the highest quality data and insight from all technology domains into the Snow Atlas platform. Anodot is joining this expanding ecosystem, bringing their machine learning backed business monitoring expertise.
“Businesses across the board understand the need to cut expenses in this delicate period, and cloud costs are a significant part of this,” said David Drai, CEO and Co-founder of Anodot. “Yet as investment in cloud services swells, we are seeing a new era of complexities that requires a different approach. The need to address this evolving challenge has led to a sharp rise in demand for our cloud cost management tools, which Snow has recognised. The sum of our joint expertise is far greater than its parts, and we are excited about the ways this joint solution will help businesses across industries get a handle on their cloud management and costs.”
FinOps, an evolving cloud financial management discipline and cultural practice, is increasingly adopted by organisations around the world. With more than 1,500 company members and 5,300 individual members, the FinOps Foundation is dedicated to advancing people who practice the discipline of cloud financial management through best practices, education, and standards. Snow has been an active member of the FinOps Foundation since July 2021 and currently has more than 35 FinOps certified team members across Sales, Product and Support. As cloud requirements continue to evolve, especially in FinOps, Snow is committed to contributing to FinOps Foundation working groups to collectively address cloud cost management issues with other industry leaders.
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