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CloudBolt Accelerates FinOps with StormForge Acquisition

Modern Cloud Environments and the Importance of Kubernetes

Modern cloud environments rely heavily on containerized workloads as the cornerstone of application deployment and scalability. While containers offer portability and efficiency, they are not immune to vulnerabilities in the form of fragile integrations, misconfigurations, and issues with access control.

Kubernetes and Container Orchestration

Kubernetes, one of the most widely used container orchestration platforms, addresses some of the challenges through deployment automation, scalability, and efficient resource management. It has become indispensable for modern cloud-native deployments that prioritize both performance and cost efficiency.

CloudBolt Acquires StormForge

Recognizing the critical role Kubernetes plays, CloudBolt, a cloud cost management company, has acquired StormForge, a machine learning-driven Kubernetes resource optimization specialist. The acquisition builds on the partnership between the two companies that began in early 2024 when StormForge became the inaugural member of CloudBolt’s Technical Alliance Program (TAP).

The Acquisition and Its Impact

CloudBolt positions itself as a platform to maximize return on investment for cloud spending. The platform is built on FinOps principles, not those related to financial services, but on the foundational principles of aligning financial strategies and operational efficiency. With the acquisition of StormForge, CloudBolt gains machine learning-powered Kubernetes optimization capabilities, which will now be integrated into its FinOps platform.

The Integration and Its Benefits

The company claims that the integration of StormForge’s capabilities will speed up "insight-to-action" time, allowing quicker implementation of recommendations to improve how resources are allocated and boosting efficiency in containerized environments.

The Market Need

The market has been calling for a more unified, streamlined, and intelligent way to manage costs and optimize Kubernetes operations. CloudBolt shared a recent Cloud Native Computing Foundation survey that showed that 49% of organizations surveyed reported a rise in their cloud spending. More than two-thirds (70%) attribute this rise to workload overprovisioning.

Conclusion

The integration of StormForge’s capabilities also supports CloudBolt’s Augmented FinOps vision, which it shared in January 2024. As part of that vision, CloudBolt aims to equip organizations with tools for comprehensive cloud optimization, blending cost management, automation, and operational efficiency.

FAQs

Q: What is the significance of Kubernetes in modern cloud environments?
A: Kubernetes is a container orchestration platform that addresses challenges in deployment automation, scalability, and efficient resource management.

Q: What is the purpose of CloudBolt’s acquisition of StormForge?
A: The acquisition aims to integrate machine learning-powered Kubernetes optimization capabilities into CloudBolt’s FinOps platform.

Q: What are the benefits of the integration?
A: The integration will speed up "insight-to-action" time, allowing quicker implementation of recommendations to improve resource allocation and boost efficiency in containerized environments.

Q: What is the market need for CloudBolt’s solution?
A: The market needs a more unified, streamlined, and intelligent way to manage costs and optimize Kubernetes operations.

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