Enterprise Tech / Cloud Computing

Best Cloud Cost Optimization Companies

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What is Cloud Cost Optimization?

The cloud cost optimization market, also referred to as cloud financial management or FinOps, offers customers the opportunity to optimize their cloud computing expenses and maximize cost efficiency. By leveraging various tools and techniques, customers can analyze their cloud usage, identify cost-saving opportunities, and implement strategies to reduce unnecessary expenditures. This market provides solutions to monitor resource utilization, right-size infrastructure, and automate cost optimization processes. Customers should be interested in this market because it allows them to control and optimize their cloud spending, resulting in significant cost savings. Additionally, cloud cost optimization solutions enable better budget planning, resource allocation, and overall financial management in cloud-based environments.

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Top Cloud Cost Optimization Companies

Nutanix logo
Nutanix

United States / Founded Year: 2009

Nutanix focuses on cloud software, operating within technology and cloud computing. It offers a single platform for running applications and data across various clouds. Nutanix primarily serves businesses across various sectors. The company was founded in 2009 and is based in San Jose, California.

Microsoft Azure logo
Microsoft Azure

United States / Founded Year: 0000

Microsoft Azure is a cloud computing service created by Microsoft for building, testing, deploying, and managing applications and services through Microsoft-managed data centers.

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All Companies in Cloud Cost Optimization

Apptio logo
Apptio

United States / Founded Year: 0000

Apptio provides on-demand technology business management (TBM) solutions. It enables information technology(IT) leaders to manage the cost, quality, and value of IT services by providing actionable financial and operational insights. It primarily serves the IT sector. The company was founded in 2007 and is based in Bellevue, Washington. In June 2023, Apptio was acquired by IBM.

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CAST AI logo
CAST AI

United States / Founded Year: 0000

CAST AI develops a cost optimization platform to specialize in reducing cloud expenses for businesses. The company offers services such as automated scaling, provisioning, and monitoring to manage and reduce Kubernetes-related costs. Its platform is designed to provide real-time cost monitoring, workload rightsizing, and container security management to ensure optimal cloud resource utilization and security. The company was founded in 2019 and is based in Miami, Florida.

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CloudZero logo
CloudZero

United States / Founded Year: 0000

CloudZero develops a platform that automates the collection, allocation, and analysis of cloud cost data, providing insights for cost optimization and improved unit economics. The platform is primarily used by organizations in the cloud computing industry. The company was founded in 2016 and is based in Boston, Massachusetts.

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Corestack logo
Corestack

United States / Founded Year: 0000

Corestack is a company that focuses on providing AI-powered multi-cloud governance solutions in the cloud computing industry. The company offers services that help enterprises optimize cloud spend, mitigate security risks, assure regulatory compliance, and automate operations. Corestack primarily serves sectors such as financial services, healthcare, retail, education, telecommunications, technology, and government. It was founded in 2016 and is based in Bellevue, Washington.

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Datadog logo
Datadog

United States / Founded Year: 0000

Datadog specializes in cloud monitoring solutions. The company offers infrastructure monitoring, network performance monitoring, log management, application performance monitoring, and cloud security management. It primarily serves financial services, manufacturing and logistics, healthcare, retail and e-commerce, and the technology industry. It was founded in 2010 and is based in New York, New York.

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Harness logo
Harness

United States / Founded Year: 0000

Harness focuses on the software delivery market. The company offers an intelligent software delivery platform that enables engineers to deliver software more efficiently and with higher quality. This platform includes services such as continuous integration, continuous delivery, feature flags, cloud cost management, service reliability management, security testing orchestration, and chaos engineering. The company primarily sells to sectors that are accelerating their cloud initiatives and adopting containers and orchestration tools. It was founded in 2017 and is based in San Francisco, California.

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HashiCorp logo
HashiCorp

United States / Founded Year: 0000

HashiCorp focuses on multi-cloud infrastructure automation. The company offers a suite of products that provide solutions for infrastructure such as code, identity-based security, secure remote access, multi-cloud service networking, and workload orchestration. These products primarily cater to sectors such as financial services, healthcare, telecom, media and entertainment, and the public sector. It was founded in 2012 and is based in San Francisco, California.

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Kubecost logo
Kubecost

United States / Founded Year: 0000

Kubecost specializes in Kubernetes cost monitoring and management within the cloud computing industry. The company offers cost visibility and insights, cost allocation, unified cost monitoring, optimization insights, and alerts and governance for Kubernetes environments. Kubecost was formerly known as Clusterwatch. It was founded in 2019 and is based in San Francisco, California. In September 2024, Kubecost was acquired by IBM.

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nOps logo
nOps

United States / Founded Year: 0000

nOps provides an AI FinOps platform optimizing AWS cloud usage and costs. It offers automated solutions for cost management, resource provisioning, and spend analytics, designed to help businesses reduce its AWS expenses. It serves organizations looking to manage their cloud infrastructure allocation, rightsizing, and resource scheduling. The company was founded in 2017 and is based in San Francisco, California.

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OpenText logo
OpenText

Canada / Founded Year: 0000

OpenText focuses on information management solutions, offering a suite of cloud-native platforms across various business sectors. The company provides products and services that enable organizations to manage, secure, and leverage their data, integrating artificial intelligence to enhance functionality and efficiency. OpenText's offerings cater to a diverse range of industries, including banking, insurance, healthcare, public sector, and manufacturing. It was founded in 1991 and is based in Waterloo, Canada.

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Orange Business Services logo
Orange Business Services

France / Founded Year: 0000

Orange Business Services is a network and digital integrator operating in the technology and telecommunications industry. The company offers a range of services including digital infrastructure orchestration, employee experience enhancement, customer relationship personalization, and industrial process digitalization. It also provides cybersecurity solutions, cloud services, and consulting for digital transformation. It was founded in 2006 and is based in Paris, France.

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Singapore Telecommunications logo
Singapore Telecommunications

Singapore / Founded Year: 0000

Singapore Telecommunications focuses on communications technology, offering a range of services in the telecommunications sector. The company provides mobile, fiber broadband, and television services to consumers, as well as a suite of business technology solutions including workforce mobility, data hosting, cloud, network infrastructure, analytics, and cyber security capabilities. It caters to both individual consumers and businesses, delivering communication and technology services. It was founded in 1992 and is based in Singapore.

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Tangoe logo
Tangoe

United States / Founded Year: 0000

Tangoe is a company that focuses on technology expense and lifecycle management in the IT sector. The company offers a comprehensive platform for controlling cloud, mobile, and telecom costs, with services including telecom expense management, managed mobility services, and cloud expense management. Tangoe primarily serves businesses of all sizes across various sectors, helping them optimize their IT spending and technology assets. It was founded in 2000 and is based in Orange, Connecticut.

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Our Methodology

The ESP matrix leverages data and analyst insight to identify and rank leading private-market companies in a given technology landscape.

What is Cloud Cost Optimization?

The cloud cost optimization market, also referred to as cloud financial management or FinOps, offers customers the opportunity to optimize their cloud computing expenses and maximize cost efficiency. By leveraging various tools and techniques, customers can analyze their cloud usage, identify cost-saving opportunities, and implement strategies to reduce unnecessary expenditures. This market provides solutions to monitor resource utilization, right-size infrastructure, and automate cost optimization processes. Customers should be interested in this market because it allows them to control and optimize their cloud spending, resulting in significant cost savings. Additionally, cloud cost optimization solutions enable better budget planning, resource allocation, and overall financial management in cloud-based environments.

Expert Collections

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Market Map

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Do you compete within Cloud Cost Optimization?

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Your future customers are researching their next tech solution on CB Insights. Make sure they can find you.