Tag: anodot

Anodot uses Intel hardware and software to improve performance of machine learning models. Read more...

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ASHBURN, Va., Nov. 22, 2022 /PRNewswire/ — Anodot, the augmented FinOps company, today announced the integration of its patented machine learning anomaly detection technology into the company’s cloud cost management solution. Anodot’s autonomous FinOps solution gives organizations greater visibility, control and insight into cloud costs. The company’s AI and ML-powered solution allows for automated savings recommendations and accurate forecasts that enable customers to minimize cloud waste and reduce overall cloud spend. Read more...

Overspending in the cloud is a growing problem as organizations struggle with a lack of visibility and increasing complexity. According to a prediction from Gartner, Inc., “60% of infrastructure and operations leaders will encounter public cloud cost overruns that negatively impact their on-premises budgets” through 2024.   Read more...

ASHBURN, Va., Aug. 17, 2022 /PRNewswire/ — According to a new report published today by Anodot, the business monitoring company, nearly half of businesses (49%) find it difficult to get cloud costs under control, and 54% believe their primary source of cloud waste is a lack of visibility into cloud usage. The findings highlight an ongoing visibility crisis in which organizations are struggling to gain appropriate insights into the breakdown of cloud costs and efficiency of cloud use and therefore cannot effectively reduce wasted spend – even as cloud migration continues to rise and cutting costs is a priority. The report is based on a survey of 131 US-based IT directors and executives. Read more...