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.