Welcome to the Cloud Wars Minute — your daily cloud news and commentary show. Each episode provides insights and perspectives around the “reimagination machine” that is the cloud.
In today’s Cloud Wars Minute, co-host Kieron Allen discusses IBM’s recent acquisition of Kubecost.
Highlights
00:03 — IBM acquired Kubecost, a FinOps startup helping customers monitor and optimize their Kubernetes clusters to increase cost efficiency.
00:20 — Kubecost co-founder and CEO Webb Brown noted how the company has “become the most widely adopted solution in the cloud-native ecosystem.” As a result of this merger, Kubecost is positioned to accelerate its mission of delivering broader, end-to-end cost management software.
00:47 — IBM will integrate Kubecost into its existing FinOps suite. With companies dealing with a complex web of cloud and on-premise resources, there’s an increasing demand for dedicated FinOps solutions.
01:04 — From a market perspective, this integration could be very lucrative for IBM. Recent reports demonstrate forecast the market will grow from $13.5 billion in 2024 to $23.3 billion in 2029.
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