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
CloudZero
Software Development
Boston, Massachusetts 11,696 followers
Build cost-efficient software without slowing down innovation
About us
CloudZero is the leader in proactive cloud cost efficiency. We enable engineers to build cost-efficient software without slowing down innovation. CloudZero's next-generation cloud cost optimization platform automates the collection, allocation, and analysis of cloud costs to uncover savings opportunities and improve unit economics. We are the only platform that enables companies to understand 100% of their operational cloud spend and take an engineering-led approach to optimizing that spend. CloudZero is used by industry leaders worldwide, such as Coinbase, Klaviyo, Miro, New Relic, Nubank, and Rapid7.
- Website
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https://www.cloudzero.com
External link for CloudZero
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- Boston, Massachusetts
- Type
- Privately Held
- Founded
- 2016
- Specialties
- Cloud Computing, DevOps, Site Reliability, FinDevOps, AWS, Machine Learning, Cloud Cost Intelligence, and FinOps
Products
CloudZero
Cloud Monitoring Tools
CloudZero is the world’s leading cloud cost intelligence platform, providing accurate visibility and continuous savings to drive profitable innovation.
Locations
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Primary
Boston, Massachusetts 02111, US
Employees at CloudZero
Updates
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We’re thrilled to announce that CloudZero is now an official MongoDB Technology Partner – the first cloud cost management and optimization platform in the MongoDB Partner Ecosystem! Through our new integration with MongoDB Atlas, CloudZero customers can now easily visualize, analyze, and optimize their MongoDB spend, enabling faster insights and streamlined cost management. Together, we’re empowering businesses to maximize the value of their MongoDB investments, enhance accountability, and drive cloud efficiency. Learn more by checking out our press release announcing the partnership: https://bit.ly/3URTqxE #MongoDB #CloudCostManagement #FinOps
CloudZero Partners With MongoDB To Enable Mapping Of Cloud Spend | CloudZero
cloudzero.com
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Real tech credibility & red-hot customer service! Skyscanner praises CloudZero for handling tough questions with ease. https://bit.ly/4c4EJhZ #CustomerSuccess #CloudCost
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Join us on Thursday, November 21, at 11:00 AM ET for a brief yet informative live demo of CloudZero. In this 30-minute session, we’ll introduce CloudZero’s approach to cloud cost optimization, showcase key features of our platform, and answer your questions in real time. Plus, as a small thank-you, everyone who registers and attends will receive a $5 eGift card for coffee or Amazon after the demo. Whether you're experienced in FinOps or just starting out, this session offers a glimpse into how CloudZero can simplify your cloud cost management. https://bit.ly/3UDvjTm #Cloud #FinOps #CloudCostManagement
Demo: How CloudZero Can Transform Your FinOps Practice
cloudzero.com
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Different departments use the cloud differently — and drive different levels of cloud costs. Hear Rob Mason, CTO of Applause, discuss how he uses CloudZero to monitor and manage cloud spend across Applause’s departments. #Cloud #CloudCost #CostOptimization
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Just beginning to investigate ways to reduce your organization’s cloud costs? Start by automating these processes at minimum. #CloudCostManagement #FinOps #Cloud
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There are 33 AWS Regions available right now, and service pricing varies by location. To optimize your #AWS costs and prevent surprise costs from multi-region deployments, here are the things you need to know. https://bit.ly/3Ap267K #CloudCostClarity #CostOptimization
How AWS Regions Affect Cloud Costs (And How To Reduce Fees)
cloudzero.com
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NinjaCat's success story: Savings from CloudZero not only covered the cost but also freed up budget for essential tools. It's more than cost management; it's maximizing the ROI of every cloud dollar you invest. https://bit.ly/4a3WM5Z #BudgetBoost #CloudSavings
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AI is transforming martech. But can martech companies afford to win? In our latest blog, explore a marketing landscape transformed at every point by AI — and how martech firms can poise themselves for long-term profitability. https://bit.ly/4ffydWE #Martech #AI #CloudCost
The AI Time Bomb: How Martech Can Prepare For Surging OpEx Costs
cloudzero.com
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Embarking on a #FinOps journey, Forcepoint enhanced engineer engagement by integrating CloudZero. This led to insightful meetings and collaboration around cloud cost efficiency. The result? One team discovered 90% savings with RIs, proving the power of informed decisions. #Cloud #Efficiency #DevOps