Latest news with #FinOps
Yahoo
5 days ago
- Business
- Yahoo
IT Teams are Losing Visibility as Tech Cost Pressures Mount, According to Flexera 2025 State of ITAM Report
New industry report highlights growing SaaS waste, persisting audit costs and evolving priorities as ITAM teams navigate increasing financial scrutiny ITASCA, Ill., June 18, 2025 (GLOBE NEWSWIRE) -- Flexera, the global leader in technology spend and risk management, today released the Flexera 2025 State of ITAM Report, which reveals a concerning decline in complete visibility across the technology stack - down to 43% from 47% year-over-year. Yet, as pressure mounts to optimize costs, the collaboration of IT asset management (ITAM) with cloud (44%) and FinOps (38%) teams is on the rise, suggesting that ITAM teams are increasingly working across organizational silos to address comprehensive visibility challenges, increase financial accountability and drive operational efficiency. Flexera's annual report surveys global IT professionals to explore how the evolution of ITAM, FinOps, security, software asset management (SAM) and hardware asset management (HAM) teams influences the value they deliver. It also examines IT investment trends across public, hybrid, and SaaS technologies. 'Complete visibility across IT assets is foundational to every good technology decision,' said Becky Trevino, Chief Product Officer at Flexera. 'The fact that it's slipping at a time when organizations are under intense pressure to rationalize costs is a real concern. You can't optimize what you can't see and without clear insight into the entire technology stack, it's nearly impossible to eliminate waste, ensure compliance, or make cost-effective investment decisions. This year's report showcases why the collaboration between ITAM and FinOps is no longer optional—it's a strategic imperative.' Highlights from the latest Flexera State of ITAM Report include: Minimizing SaaS sprawl is an increasing imperative: Thirty-five percent of respondents say SaaS waste has increased over the past year, suggesting that the financial impact of underutilized SaaS subscriptions is taking a toll on budgets. In addition, SAM professionals are doubling down on SaaS oversight, with 59% actively tracking usage and 56% rightsizing contracts and subscriptions to eliminate unnecessary spend. Software use rights take the spotlight: The report also highlights a dramatic rise in the challenge of managing software use rights—now ranked as the number one concern for SAM teams, up from sixth place just a year ago. This surge is largely attributed to the growing complexity of cloud-based licensing models and the rapid migration of enterprise resources to cloud environments. Audits still plague organizations (and their bottom line): Nearly half (45%) of surveyed organizations report spending over $1 million on software audits over the past three years, a figure one percentage point less than 2024. Twenty-three percent of organizations spent more than $5 million on audits in 2025, a slight increase from 2024. The findings suggest that the intricacies of software use rights and the continued shift to the cloud are keeping audit defense high on the agenda of IT teams. Microsoft continues audit streak: Half of respondents said Microsoft audited their organization in the past three years. The tech giant has remained at the top of this list for the past several reports, followed closely by IBM (37%). There was a slight increase in audits reported from SAP (32%) and ServiceNow (21%) compared to last year's findings. Adobe (24%) remained unchanged, but Oracle decreased from 31% to 24% and Salesforce dropped from 25% to 20% year over year. This year's findings underscore the urgent need for smarter, more agile SAM strategies as organizations strive to balance innovation with fiscal responsibility. 'The role of ITAM is shifting from operational to transformational,' said Phil Perfetti, senior product marketing manager at Flexera. 'While visibility into cloud licenses is gradually improving, the complexity of managing hybrid IT environments is also increasing, and any serious blind spots are a problem that modern organizations can no longer afford.' The full survey results are available in the Flexera 2025 State of ITAM Report, which explores the thinking of 506 global IT professionals across industries and context areas. To download the full report, please visit: Follow Flexera on LinkedIn on X (formerly Twitter) on Instagram About Flexera Flexera helps organizations understand and maximize the value of their technology, saving billions of dollars in wasted spend. Powered by the Flexera Technology Intelligence Platform, our award-winning IT asset management, FinOps and SaaS management solutions provide comprehensive visibility and actionable insights on an organization's entire IT ecosystem. This intelligence enables IT, finance, procurement, FinOps and cloud teams to address skyrocketing costs, optimize spend, mitigate risk and identify opportunities to create positive business outcomes. More than 50,000 global organizations rely on Flexera and its Technopedia reference library, the largest repository of technology asset data. Learn more at For more information, contact: Ciri HaughFlexerapublicrelations@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
06-06-2025
- Business
- Forbes
FinOps Foundation Adds To Balance Sheet To Encompass Cloud+ Costs
Cloud is cheaper, but expensive. Cloud computing has always been positioned as a route for businesses to grasp greater flexibility over their IT services expenditure across compute, analytics, storage as well as related data management tasks and now AI services. The promise of being able to 'spin up or spin down' a cloud service still holds, but convoluted contracts, complex observability challenges and miscellaneous misconfiguration migraines mean organizations often suffer from over-provisioning and under-utilization. As a codified industry practice designed to combat and control cloud costs, FinOps has been defined as, 'An operational framework and cultural practice which maximizes the business value of cloud and technology, enables timely data-driven decision making and creates financial accountability through collaboration between engineering, finance and business teams.' The mission statement here is one designed to empower both software development and business teams to make trade-offs between speed, cost and quality in the decisions they take on their cloud architecture investments. New developments in this space now see the FinOps Foundation extend its definition of core cloud cost considerations to also encompass IT asset management and its associated practice of software asset management. This is a coming together intended to merge and align cost optimization and compliance disciplines in so-called Cloud+ environments. The term is being used to explain FinOps that span not just public cloud expenditure, but also SaaS spending that extends outwards across cloud licensing, datacenter charges and other variable technology costs from big data analytics to AI and large language model costs… and everything in between. According to JR Storment, executive director and founder of the FinOps Foundation, the 2025 expansion of the FinOps Framework sees the scope of FinOps grow from public cloud cost management to a wider purview. He says that Cloud+ is an umbrella label for managing spend across SaaS, software licenses, hybrid infrastructure etc. Storment and team explain the progression by saying that traditionally, ITAM and SAM have focused on aspects of IT and cloud management that include software inventory, license compliance, renewal governance and software discoverability. The rationale for Cloud+ comes from the fact that while practices have historically operated in parallel, they are increasingly converging into unified teams and workflows. The 2025 State of FinOps report suggests that organizations are merging FinOps and ITAM/SAM efforts under shared leadership or cross-functional programs. Analyst house Gartner agrees with this proposition, it thinks that by 2026, the 'majority of enterprises with mature cloud strategies' will unify their FinOps and ITAM capabilities. Businesses will do this for a number of reasons, but primary objectives will include a need to streamline software tooling and avoid duplicate efforts to drive better business outcomes. Key areas where FinOps is thought to need to progress next is an appreciation for the ITAM/SAM intersect, which spans so-called SaaS rationalization. This involves combining FinOps usage and cost telemetry with ITAM 'discoverability' and license controls to optimize SaaS portfolios. This discipline also crosses into cloud license compliance i.e. applying SAM principles to public cloud 'bring your own license' models and usage-based billing scenarios. While it's hard to provide a like-for-like competitive analysis of the FinOps Foundation as a nonprofit project under the Linux Foundation (there is no other Linux, essentially), we can balance a few weights and measures here and provide some external perspectives. Even nonprofits make revenue, some of which goes to pay for glitzy conference venue budgets, some of which covers expenses and hotel bills, some of which goes to pay executive salaries… but (in fairness) most of which goes to advancing the codification, development and exchange of best practices and education. Walk the halls of the most enterprise open source exhibitions and you'll often hear member organizations telling you how much they've shelled out on stand space and travel expenses. There's still no such thing as a free lunch… and if an organization wants to be part of the industry's widest body of standards for a practice like FinOps, then it needs to put the financial-factor into its operations operandus. The global market for FinOps services has been forecast to grow from $13.5 billion in 2024 to $23.3 billion by 2029, so, there is money at stake here, even if it's nonprofit money. In terms of this whole Cloud+ demarcation that the FinOps Foundation is now detailing, can we question whether this is a plus-grade akin to an airline Comfort Plus seat (actually more functional, sometimes with a cocktail) or merely an attempt to peddle plus size clothing (same product, a bit of extra yarn) across the cloud costing cosmos? 'Cloud+ has been generally well-received in the market. The inclusion of SaaS and on-premises private cloud investments is a natural extension of FinOps' scope at large. IDC has long advocated for SaaS to be part of the scope and processes of FinOps teams, as enterprises typically spend as much on SaaS as they do on public cloud providers. The difference is that the cost is spread across multiple SaaS providers and departments. A big public cloud bill typically gets the attention of the CFO, while wider SaaS spending goes under the radar. As AI investments increase in both public cloud and private enterprise-owned datacenters, the need to track return on investment and provide transparency into all cloud spending will be essential,' explained Jevin S. Jensen, research vice president for Intelligent CloudOps Market at technology analyst house IDC. The FinOps Open Cost and Usage Specification (also known as FOCUS), is a standardized framework for cloud billing data and has been adopted by cloud hyperscalers including AWS, Microsoft Azure, Google Cloud and (if skip to fifth place after Alibaba) Oracle Cloud. FOCUS joins the foundation's FinOps Certified Practitioner and FinOps Certified Enterprise program. IDC's Jensen thinks that FOCUS will benefit FinOps tool vendors immediately (he himself has just completed the FOCUS Analyst certification to increase his understanding of the specification) and he envisages FinOps vendors needing to engage in rapid short-term investment to support the standard. Looking for additional measures in this space, it's worth saying that major (and more moderately-sized) vendors have of course produced FinOps-related technologies. But even if we look at services such as Microsoft Azure Cost Management and Microsoft Azure AI Metric Advisor, we have to remind ourselves that Microsoft joined the FinOps Foundation as a member in February 2023. Membership fees for individuals are free and the FinOps Foundation gives away hundreds of thousands of dollars worth of scholarship fees every year to individuals who can not afford to pay for certification exam costs. Enterprise membership is not free and nor should it be, but it's hard to track exactly how much any given organization needs to pay. Applicant organizations are 'invited to inquire' from a number of different web links. If the foundation does currently offer one flat membership for enterprises, this may substantiate the calls on some social streams for a more tiered membership model appropriate to different-sized organizations. In the pursuit of understanding where FinOps goes next, IDC's Jensen reminds us that there is 'more overlap' happening now as this discipline widens to straddle public cloud, private on-premises cloud, AI and SaaS management. He highlights the natural confusion that will still arise in some organizations between FinOps Cloud+ and (traditional) technology business management (widely shortened to TBM) as it has been known to date. Joining Jensen among the most experienced and widely quoted technology analysts currently dedicated to deconstructing the FinOps space is Tracy Woo, principal analyst at Forrester. While she has plenty of positive views detailing the efforts of industry bodies in this space, she also has reason to call out areas where she sees a shortfall in functionalities, breadth and specific tools. 'The FinOps Foundation has built the FinOps movement. It defines industry standards and thought leadership that the rest of the industry follows - point blank. There aren't others that are more aware, more in touch, more knowledgeable about the space than the foundation. For me and for other end users out there, the bringing together of end users to discuss the challenges in their practices is invaluable to analysts like me who study the space… and to end users who are looking for support and best practices to follow,' said Woo. Woo points out that the FinOps Foundation has also done what many thought was impossible i.e. gathering the biggest cloud vendors on one stage, in one room to standardize billing constructs. 'That being said, the foundation could be better in vendor inclusiveness. It has put a lot of effort into making sure end users are extremely well-protected from being 'sold to', while providing more access to consultancies who have something productive to offer,' she added. She says that there continues to be an increasing number of vendors jumping into the FinOps arena and the biggest problem with the market is instability, especially among the smaller players. Forrester's Woo highlights the fact that consolidation is common and points to the fact that product pricing and offering changes have created buyer weariness of working with smaller players. For Woo, there are 'big gaps' right now with tooling capabilities. She says the first point to focus on is AI cost management, because it is still a largely unknown entity. But, she warns, it is a growing concern that will 'hit end users like a freight train' in the next two to three years. 'Business visualization is also key,' explained Woo. 'Most vizualisation in a FinOps tool is found at the engineering layer. For a low to medium-spending organisation, this can work ok. But as cloud spend goes up, the need to justify cost efforts and demonstrate cost avoidance to execs will increase. At this point, the business intelligence and visualization layers aren't there. That being said, I don't think they [the FinOps vendors] should necessarily be the ones reinventing the wheel, but rather they should look to close integration with tools like Quicksight, PowerBI and Tableau.' On the topic of infrastructure automation within the FinOps realm as a whole, Woo says that 'much of this is weak', especially when compared to Terraform, Jenkins, Ansible. 'This is another area where reinventing the wheel isn't necessary. Some deeper infrastructure automation capabilities should exist in FinOps tools, but also deeper integrations with traditional automation players,' she concluded. Perhaps the most important (and obvious) factor when it comes to FinOps is the financial bottom line. Organizations will want to know whether they get more sales leads as a result of being certified and branded with affiliation to an industry body. They will want to know how many more sales conversions they get… aand they will want to be able to accurately quantify the value of any FinOps savings they have helped customers deliver in order for them to underpin and validate their own worth. Not all these variables are necessarily easy to measure at the time of writing, but they will very likely improve given the size of this industry body and the penetration it already wields.
Associated Press
03-06-2025
- Business
- Associated Press
Kion Unveils New FinOps Governance Capabilities and Partnership with ProsperOps to Help Customers Maximize Cloud Value
SAN DIEGO--(BUSINESS WIRE)--Jun 3, 2025-- FinOps X — Kion, the leading automated CloudOps platform for multicloud, today announced the release of Kion version 3.13 alongside a new partnership with ProsperOps, a leading FinOps optimization platform. Through the partnership with ProsperOps and new Kion FinOps governance platform upgrades, Kion helps organizations simplify spend and budgets for faster decision making, apply usage policies to prevent cloud waste and automate FinOps governance and policy to drive efficiency across multicloud infrastructure. Kion v3.13 offers new features that provide better chargeback capabilities, a revamped dashboard experience, more powerful enforcements and additional user driven enhancements that make the platform easier to use and deliver value faster. These enhancements provide CloudOps and FinOps teams with more control over spend, enables faster anomaly detection and delivers a streamlined user experience. One of the company's newest customers, Insulet, the innovative medical device manufacturer of the Omnipod® insulin delivery platform, highlighted their reasons for selecting Kion: 'We needed a governance tool that could go beyond generic FinOps capabilities and provide clear, actionable insight into cloud spend so we could drive accountability across teams. Kion came at the perfect time, delivering a single workflow with forecasting and budgeting capabilities. It immediately helped surface waste and cost anomalies that used to take days to track down and shifted the conversation from reactive to proactive, automated cost control,' said Matt Cofran, Director of Cloud Operations, Insulet. 'FinOps governance and waste reduction are top priorities for businesses. Yet, cloud cost optimization is still a major challenge largely due to a lack of visibility, understanding and allocation of cloud resources and usage,' said David Roldan, Head of Partnerships and Alliances at ProsperOps. 'By partnering with Kion, we're able to bridge the FinOps and CloudOps gap, bringing together the best of both worlds — the automation for cloud cost savings with the policy driven governance that teams need to run efficiently and confidently in the cloud.' 'We say that the future of FinOps is CloudOps because of the rising priority of FinOps governance and policy at scale. A robust cloud operations platform will enable both teams to work together to manage their multicloud environment without spinning up unintentional resources or running over budget,' said Tatum Tummins, Senior Product Manager at Kion. 'Kion is well positioned to support the future of FinOps by forging fruitful partnerships and advancing our FinOps governance and automation capabilities to help regulated organizations maximize cloud value and deliver AI innovation faster.' Kion was recently recognized as an IDC Innovator for FinOps and Cloud Cost Transparency. According to the report, 'Kion was chosen as an innovator in the marketplace because of its commitment to supporting the growing and evolving cloud market.' The report notes Kion's key differentiators as; comprehensive cloud governance to help companies rapidly mature their FinOps teams, visibility and advanced automation and customer service. In addition to exhibiting at FinOps X, Kion will be exhibiting at AWS Summit, Washington DC on June 10-11. Stop by Kion's booth #348 to learn more about common CloudOps challenges, benefits of integrating FinOps into your CloudOps practices and new Kion capabilities that drive cloud efficiency for public sector IT leaders. Tummins will also be onsite for a Lightning Talk on Tuesday, June 10 at 2:35pm ET in the Apollo Theater covering 'FinOps ROI Playbook: Do More with Less to Maximize Cloud Efficiency.' View source version on CONTACT: Media Contact Natalie Sasscer 301-751-5176 LaunchTech Communications [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA DISTRICT OF COLUMBIA INDUSTRY KEYWORD: SOFTWARE MOBILE/WIRELESS NETWORKS PROFESSIONAL SERVICES PERSONAL FINANCE DATA MANAGEMENT APPS/APPLICATIONS TECHNOLOGY SECURITY ONLINE PRIVACY OTHER PROFESSIONAL SERVICES FINANCE OTHER TECHNOLOGY SOURCE: Kion Copyright Business Wire 2025. PUB: 06/03/2025 02:26 PM/DISC: 06/03/2025 02:25 PM
Yahoo
03-06-2025
- Business
- Yahoo
Kion Unveils New FinOps Governance Capabilities and Partnership with ProsperOps to Help Customers Maximize Cloud Value
New automation and policy capabilities empower FinOps teams to prevent waste, speed decision-making, and operate with confidence across multicloud SAN DIEGO, June 03, 2025--(BUSINESS WIRE)--FinOps X — Kion, the leading automated CloudOps platform for multicloud, today announced the release of Kion version 3.13 alongside a new partnership with ProsperOps, a leading FinOps optimization platform. Through the partnership with ProsperOps and new Kion FinOps governance platform upgrades, Kion helps organizations simplify spend and budgets for faster decision making, apply usage policies to prevent cloud waste and automate FinOps governance and policy to drive efficiency across multicloud infrastructure. Kion v3.13 offers new features that provide better chargeback capabilities, a revamped dashboard experience, more powerful enforcements and additional user driven enhancements that make the platform easier to use and deliver value faster. These enhancements provide CloudOps and FinOps teams with more control over spend, enables faster anomaly detection and delivers a streamlined user experience. One of the company's newest customers, Insulet, the innovative medical device manufacturer of the Omnipod® insulin delivery platform, highlighted their reasons for selecting Kion: "We needed a governance tool that could go beyond generic FinOps capabilities and provide clear, actionable insight into cloud spend so we could drive accountability across teams. Kion came at the perfect time, delivering a single workflow with forecasting and budgeting capabilities. It immediately helped surface waste and cost anomalies that used to take days to track down and shifted the conversation from reactive to proactive, automated cost control," said Matt Cofran, Director of Cloud Operations, Insulet. Meeting the Needs of Regulated EnterprisesAs a self-hosted platform, Kion is uniquely suited for government agencies and enterprises with complex compliance, data sovereignty and regulation requirements. The partnership with ProsperOps allows FinOps teams to shift from reactive cost control to strategic financial operations. Kion unifies governance, automation and FinOps in a policy-based platform that works with ProsperOps automation, integrating rate and workload optimization to reduce risks, cloud costs and manual effort. Together, the two platforms provide a well-rounded efficiency solution that is advantageous to government agencies and highly regulated industries seeking FinOps optimization controls while also needing to streamline compliance with stringent federal security and operational requirements. "FinOps governance and waste reduction are top priorities for businesses. Yet, cloud cost optimization is still a major challenge largely due to a lack of visibility, understanding and allocation of cloud resources and usage," said David Roldan, Head of Partnerships and Alliances at ProsperOps. "By partnering with Kion, we're able to bridge the FinOps and CloudOps gap, bringing together the best of both worlds — the automation for cloud cost savings with the policy driven governance that teams need to run efficiently and confidently in the cloud." "We say that the future of FinOps is CloudOps because of the rising priority of FinOps governance and policy at scale. A robust cloud operations platform will enable both teams to work together to manage their multicloud environment without spinning up unintentional resources or running over budget," said Tatum Tummins, Senior Product Manager at Kion. "Kion is well positioned to support the future of FinOps by forging fruitful partnerships and advancing our FinOps governance and automation capabilities to help regulated organizations maximize cloud value and deliver AI innovation faster." Kion was recently recognized as an IDC Innovator for FinOps and Cloud Cost Transparency. According to the report, "Kion was chosen as an innovator in the marketplace because of its commitment to supporting the growing and evolving cloud market." The report notes Kion's key differentiators as; comprehensive cloud governance to help companies rapidly mature their FinOps teams, visibility and advanced automation and customer service. In addition to exhibiting at FinOps X, Kion will be exhibiting at AWS Summit, Washington DC on June 10-11. Stop by Kion's booth #348 to learn more about common CloudOps challenges, benefits of integrating FinOps into your CloudOps practices and new Kion capabilities that drive cloud efficiency for public sector IT leaders. Tummins will also be onsite for a Lightning Talk on Tuesday, June 10 at 2:35pm ET in the Apollo Theater covering "FinOps ROI Playbook: Do More with Less to Maximize Cloud Efficiency." About KionKion automates CloudOps with a single platform providing policy-based identity, FinOps, and compliance for multicloud infrastructure. Kion helps organizations achieve 'governance by default' through improved visibility, automation, guardrails, and guidance across multicloud environments. This helps enterprises reduce complexity, eliminate chaos, and minimize manual work so they can innovate faster with less risk. Wherever they are on their cloud journey, Kion empowers organizations to confidently provision accounts, maintain financial control, and ensure compliance with security regulations. Kion serves leading commercial, higher education, and government agencies including Indeed, Verizon, NASA, and the Centers for Disease Control and Prevention (CDC). View source version on Contacts Media Contact Natalie Sasscer301-751-5176LaunchTech CommunicationsNsasscer@ Sign in to access your portfolio
Business Wire
03-06-2025
- Business
- Business Wire
Kion Unveils New FinOps Governance Capabilities and Partnership with ProsperOps to Help Customers Maximize Cloud Value
SAN DIEGO--(BUSINESS WIRE)-- FinOps X — Kion, the leading automated CloudOps platform for multicloud, today announced the release of Kion version 3.13 alongside a new partnership with ProsperOps, a leading FinOps optimization platform. Through the partnership with ProsperOps and new Kion FinOps governance platform upgrades, Kion helps organizations simplify spend and budgets for faster decision making, apply usage policies to prevent cloud waste and automate FinOps governance and policy to drive efficiency across multicloud infrastructure. Kion v3.13 offers new features that provide better chargeback capabilities, a revamped dashboard experience, more powerful enforcements and additional user driven enhancements that make the platform easier to use and deliver value faster. These enhancements provide CloudOps and FinOps teams with more control over spend, enables faster anomaly detection and delivers a streamlined user experience. One of the company's newest customers, Insulet, the innovative medical device manufacturer of the Omnipod® insulin delivery platform, highlighted their reasons for selecting Kion: 'We needed a governance tool that could go beyond generic FinOps capabilities and provide clear, actionable insight into cloud spend so we could drive accountability across teams. Kion came at the perfect time, delivering a single workflow with forecasting and budgeting capabilities. It immediately helped surface waste and cost anomalies that used to take days to track down and shifted the conversation from reactive to proactive, automated cost control,' said Matt Cofran, Director of Cloud Operations, Insulet. Meeting the Needs of Regulated Enterprises As a self-hosted platform, Kion is uniquely suited for government agencies and enterprises with complex compliance, data sovereignty and regulation requirements. The partnership with ProsperOps allows FinOps teams to shift from reactive cost control to strategic financial operations. Kion unifies governance, automation and FinOps in a policy-based platform that works with ProsperOps automation, integrating rate and workload optimization to reduce risks, cloud costs and manual effort. Together, the two platforms provide a well-rounded efficiency solution that is advantageous to government agencies and highly regulated industries seeking FinOps optimization controls while also needing to streamline compliance with stringent federal security and operational requirements. 'FinOps governance and waste reduction are top priorities for businesses. Yet, cloud cost optimization is still a major challenge largely due to a lack of visibility, understanding and allocation of cloud resources and usage,' said David Roldan, Head of Partnerships and Alliances at ProsperOps. 'By partnering with Kion, we're able to bridge the FinOps and CloudOps gap, bringing together the best of both worlds — the automation for cloud cost savings with the policy driven governance that teams need to run efficiently and confidently in the cloud.' "We say that the future of FinOps is CloudOps because of the rising priority of FinOps governance and policy at scale. A robust cloud operations platform will enable both teams to work together to manage their multicloud environment without spinning up unintentional resources or running over budget,' said Tatum Tummins, Senior Product Manager at Kion. 'Kion is well positioned to support the future of FinOps by forging fruitful partnerships and advancing our FinOps governance and automation capabilities to help regulated organizations maximize cloud value and deliver AI innovation faster.' Kion was recently recognized as an IDC Innovator for FinOps and Cloud Cost Transparency. According to the report, 'Kion was chosen as an innovator in the marketplace because of its commitment to supporting the growing and evolving cloud market.' The report notes Kion's key differentiators as; comprehensive cloud governance to help companies rapidly mature their FinOps teams, visibility and advanced automation and customer service. In addition to exhibiting at FinOps X, Kion will be exhibiting at AWS Summit, Washington DC on June 10-11. Stop by Kion's booth #348 to learn more about common CloudOps challenges, benefits of integrating FinOps into your CloudOps practices and new Kion capabilities that drive cloud efficiency for public sector IT leaders. Tummins will also be onsite for a Lightning Talk on Tuesday, June 10 at 2:35pm ET in the Apollo Theater covering 'FinOps ROI Playbook: Do More with Less to Maximize Cloud Efficiency.' About Kion Kion automates CloudOps with a single platform providing policy-based identity, FinOps, and compliance for multicloud infrastructure. Kion helps organizations achieve 'governance by default' through improved visibility, automation, guardrails, and guidance across multicloud environments. This helps enterprises reduce complexity, eliminate chaos, and minimize manual work so they can innovate faster with less risk. Wherever they are on their cloud journey, Kion empowers organizations to confidently provision accounts, maintain financial control, and ensure compliance with security regulations. Kion serves leading commercial, higher education, and government agencies including Indeed, Verizon, NASA, and the Centers for Disease Control and Prevention (CDC).
