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StormForge joins CloudBolt: Turning FinOps insights into action

  • CloudBolt Software Inc. has acquired StormForge Inc. in a move that highlights the shift from cloud cost awareness to intelligent, automated cost optimization tools.
  • Only 13% of organizations have a mature FinOps program, according to the FinOps Foundation, and companies are now seeking outcomes rather than just insights.
  • CloudBolt's differentiating factor is its ability to reduce the time between insight and action, offering automation to resolve cost anomalies in real time.
  • The integration of StormForge and CloudBolt aims to deliver deeper cost visibility, while also expanding beyond Kubernetes to bring ML-powered automation to other areas of the cloud.

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