IBM expands its FinOps portfolio with acquisition of Kubecost
By MYBRANDBOOK
IBM has acquired Kubecost, a leading FinOps startup specializing in Kubernetes cost management. This follows the company's significant investments in the FinOps space, including the $4.3 billion acquisition of Apptio in 2023.
Earlier, IBM has acquired cloud management firm Turbonomic and performance monitoring startup Instana.
With this recent acquisition of Kubecost, IBM intends to assist businesses in more effectively managing their complex cloud and on-premises infrastructures. Kubecost's focus on efficiency aligns well with IBM's broader strategy to provide comprehensive IT and FinOps solutions to enterprises. The acquisition of Kubecost is expected to strengthen IBM's FinOps suite, combining capabilities of Cloudability and Turbonomic.
Kubecost co-founder and CEO Webb Brown shared the company’s excitement about the acquisition in a blog post. "Since we started in 2019, our mission has been to optimize global infrastructure. We began with Kubernetes cost monitoring and have become the most widely used solution in the cloud native space. This merger allows us to further expand and deliver comprehensive cost management solutions to teams everywhere."
IBM intends to incorporate Kubecost into its FinOps Suite, which currently features Cloudability (acquired by Apptio in 2019) and Turbonomic. Additionally, there is speculation that IBM may integrate Kubecost/OpenCost into its OpenShift enterprise platform.
Kubecost is also behind OpenCost, an open-source project launched in 2022, which forms the core of its commercial offering. As per its official website, OpenCost is built by Kubernetes experts and basically a vendor-neutral open source project. It is widely used for cloud infrastructure and container costs in real time.
The cost of the deal is not yet disclosed.
BREAKING NEWS
TECHNO TRENDS
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
E-Magazine
TECHNOTAINMENT
Netflix adds 'Moments' feature for saving, sharing scenes from
Netflix has introduced a new “Moments” feature on its mobile app, whic
Jacqueline Fernandez come together with YouTuber Mr. Beast for
Jacqueline Fernandez has partnered with American YouTuber Mr. Beast to b
MOVERS & SHAKERS
Visa elevates Rishi Chhabra as new Country Manager for India
Rishi holds a Master’s in Industrial Engineering from The Ohio State Univ
Genesys welcomes Albert Nel as Senior VP and Regional Sales Le
Genesys continues to deepen its investment in the APAC region. Earlier this
OPEN YOUR EYES
INTERVIEWS
Alcatel-Lucent Enterprise Carrying a 100 year legacy ahead
A good amount of R&D works and global support services are operated out of
Cisco building a trusted and resilient future for the nation
Security is foundational to everything Cisco does and customers insist on e
HOT PICK
SonicWall Launches TZ80: A Powerful Solution for Remote Office
SonicWall announced today the launch of the TZ80, a groundbreaking securit
Gigabyte X3D Turbo: A Gaming Revolution
GIGABYTE X3D Turbo Mode is a cutting-edge feature that unifies cores distr
MAKE IN INDIA BRANDS
LAVA INTERNATIONAL LTD.
NUMERIC INDIA, A Group Brand Legrand
DATA SAFEGUARD INDIA PRIVATE LIMITED
PDRL - Passenger Drone Research Pvt. Ltd.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Icons Of India : MUKESH D. AMBANI
Mukesh Dhirubhai Ambani is an Indian businessman and the chairman and ...
ICONS OF INDIA : RAJIV MEMANI
As Chair of the EY Global Emerging Markets Committee, Rajiv connects e...
ICONS OF INDIA : SANJAY GUPTA
Sanjay Gupta is the Country Head and Vice President of Google India an...
PARTNER SPEAKERS
PSU
ITI - ITI Limited
ITI Limited is a leading provider of telecommunications equipment, sol...
TCIL - Telecommunications Consultants India Limited
TCIL is a government-owned engineering and consultancy company...
C-DAC - Centre for Development of Advanced Computing
C-DAC is uniquely positioned in the field of advanced computing...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - Aman Bhutani, CEO, GoDaddy
Aman Bhutani, the self-taught techie and CEO of GoDaddy, oversees a co...
Indian Tech Talent Excelling The Tech World - RAVI KUMAR S, CEO- Cognizant
Ravi Kumar S, appointed as CEO of Cognizant in January 2023, sets the ...
Indian Tech Talent Excelling The Tech World - Dheeraj Pandey, CEO, DevRev
Dheeraj Pandey, Co-founder and CEO at DevRev , has a remarkable journe...
STARNITE AWARDS 2024
ITFORUM 2024
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
