CloudBolt, the Cloud ROI Company, is debuting the new CloudBolt Platform, a cloud lifecycle optimization platform designed to deliver Augmented FinOps—CloudBolt’s method of proactively and retrospectively ensuring value balance in the cloud. By centering AI- and machine learning (ML)-based insights, the CloudBolt Platform works to maximize the value of enterprises’ cloud investments.
Key to the development of the CloudBolt Platform is the company’s vision of overcoming the limitations of existing FinOps solutions, ultimately extending FinOps capabilities to any cloud at every stage of the resource lifecycle, according to the company.
“Industry research bore out that 91% of the market believes FinOps will never be able to fully scale or achieve true effectiveness without tooling powered by AI/ML-driven insights. At the start of this year, CloudBolt shared a clear path forward aimed at making Augmented FinOps a reality,” said Craig Hinkley, chief executive officer of CloudBolt. “Technology providers are notorious for making visionary promises and then never actually following through. In stark contrast, I couldn’t be prouder of the depth of dedication and the speed of innovation delivered by the entire CloudBolt team in releasing the bedrock of our vision—the new CloudBolt Platform—and proving that we keep the promises we make. This is only the beginning.”
The CloudBolt Platform is fundamentally engineered for modernity, anticipating the need for AI/ML-powered insights, continuous optimization, and unified cloud management. By extending FinOps visibility and resource optimization to both public and private clouds, the CloudBolt Platform supports simplified cloud financial management across the entire cloud resource lifecycle.
“It’s tremendously validating to see the FinOps community's evolving priorities align strongly with our vision for the future of this space,” said Kyle Campos, chief technology and product officer at CloudBolt. “Whether it be the increasing demand for more mature automation solutions to scale FinOps outcomes, the continued exploration of AI applications and uses, or the questioning of the boundaries of FinOps scope, we are confident that we are building solutions that are enabling the next evolution of FinOps. We’ve learned a lot from the community over recent years and we’ll continue to be both a practitioner and a provider.”
To learn more about CloudBolt, please visit https://www.cloudbolt.io/.