Singapore – Multinational tech firm IBM has recently announced that it has acquired Kubecost, a Kubernetes cost monitoring and optimisation software company.
The acquisition underscores the tech company’s commitment to the growth of FinOps as well as to FinOps teams, DevOps teams, and the open-source community as a whole.
Building on IBM’s recent acquisition of Apptio, the firm also shared that the addition of Kubecost brings advanced container cost management to the IBM FinOps suite.
The suite, which integrates IBM cloudability’s FinOps expertise with IBM Turbonomic’s AI-driven cloud optimisation, further offers a holistic solution that empowers teams to manage, optimise, and operate cloud resources no matter where they are hosted.
Moreover, with the direct integrations into the Kubernetes and cloud billing APIs, FinOps teams can get a comprehensive view of their workloads to optimise cloud spend and prevent resource-based outages. This deeper view into Kubernetes workload optimisation becomes easier with Kubecost.
The recent announcement further highlights IBM’s dedication to strengthening its automation portfolio through a mix of organic innovation like IBM Concert.
Said initiatives further include strategic acquisitions like Apptio, Turbonomic, Instana, NS1, and Pliant, which are all aimed at helping organisations reduce complexity and increase control of organisations’ IT environments.
