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 12,303 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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SaaS spend waste drains financial resources that businesses need to spur growth and innovation. But that doesn’t have to be the case. In this latest post, we share key SaaS spend management tips we’ve picked up over the years. https://bit.ly/4iDWCrc #SaaSCostOptimization
SaaS Cost Optimization 101: Must-See Benefits And Key Strategies To Apply Immediately
cloudzero.com
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Swift deployment, seamless integration! CloudZero outpaced all others 🚀 https://bit.ly/4an9hJY #CloudCost #EfficiencyWins
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“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
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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
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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
CloudFront Pricing: How To Manage And Optimize Your CDN Costs
cloudzero.com
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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
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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
How Diaceutics Used CloudZero To Reduce Their AWS Costs By 41%
cloudzero.com
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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
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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