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

“It’s really that mindset of continual cost management — not because you’re pinching pennies, but because it’s good fiscal policy.” Hear Rob Mason, CTO of Applause, discuss how CloudZero helps him proactively maximize cloud efficiency. #Cloud #CloudCost #CostOptimization

Meetups, networking, learning opportunities — you can get access to it all by joining the FinOps Foundation, one of the most forward-thinking communities in the cloud space. CloudZero has long been a member, and here’s what we love most about it. #FinOpsFoundation #FinOps #Cloud

The CDN market is projected to grow to $127+ billion by 2033. Amazon #CloudFront is one of the leading #CDN services, but its costs can be complex to manage. In this post we explain how the CloudFront pricing model works and tips for optimizing costs. https://bit.ly/3VDaoAe

Big shoutout to Thalia, one of our FinOps Account Managers at CloudZero! She's a cost-saving wizard, identifying opportunities that saved one of our customers $45,000 annually without compromising functionality. #FinOps #CloudCost

Snowflake, AWS, Datadog, Databricks — no problem. Check out our latest case study to learn how Diaceutics unified a complex multi-cloud environment, engaged their engineers in FinOps goals, and exceeded savings targets. https://lnkd.in/g5PvfMpD #CloudCost #FinOps #CustomerStory

Cost accountability takes targeted, real-time data. Hear Rob Mason, CTO of Applause, discuss how he uses CloudZero Analytics to drive team-specific cost accountability. #Cloud #CloudCost #CostOptimization

You can implement FinOps, but without automating certain areas of it you’re missing out on some major benefits. Here’s why … #CloudCostStrategy #FinOps #Cloud

We issued a grand quest to our engineering team: reduce cloud spending without compromising our product. Every shiny feature demands resources to maintain, and many come with hefty price tags. Over time, these costs added up to millions of dollars a year! (We’d like to tell you the exact amount, but our lawyers said no. 😝) The result of our efforts? We raked in 20% savings (annualized) in just a few months, thanks to hard work from our engineers and third party tools like CloudZero! 🤯 Julie Wang and Virginia Cheng shared their key learnings from this effort. Read more at the article below ⬇️ #engineering #duolingo

Congratulations you’ve made it to Wednesday in Vegas! Continue your lucky streak and head on over to Booth 447 to pick up some swag and see a live product demo! #AWS #Cloud #AWSreInvent #DevOps #FinOps