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June 14, 2024

DoiT Drives FinOps Best Practices with Cloud Navigator

SANTA CLARA, Calif., June 13, 2024DoiT International (DoiT), a global multicloud innovator that provides intelligent technology and unrivaled expertise to cloud-driven organizations, today announced the launch of three innovative features and the attainment of a prestigious platform certification from the FinOps Foundation.

In a FinOps-driven business culture, project teams are accountable for their own cloud usage, enabling the organization to better manage total and departmental costs and align these to business goals. According to Global Market Estimates, the market value for cloud FinOps solutions is poised to increase sharply from $832.2 million in 2023 to $2.8 billion by 2028, for a compound annual growth rate (CAGR) of 27.46%. This reflects a business climate that is increasing its adoption of FinOps practices to drive strategic decision making.

“Understanding cloud scope, usage and costs requires the ability to allocate spend and implement showback to all stakeholders,” said John Purcell, chief product officer at DoiT. “Our technology-delivered expertise provides customers the cost analytics, reporting and attributions needed to advance FinOps best practices.”

DoiT has become a trusted FinOps partner by helping cloud-driven organizations understand and harness the cloud to drive business growth. DoiT’s solutions enrich and organize cloud billing data, making it easier for users to manage and predict spend while collaborating across departments. In H1, DoiT launched three new best-in-class features aimed at strengthening DoiT’s FinOps operations:

  • Avais a GenAI-powered virtual assistant able to analyze a customer’s data and generate reports that visualize cloud usage and costs based on simple language queries. An evolution of a Slackbot intended to assist engineers with quick answers, Ava is now embedded in DoiT Cloud Navigator to assist customers as they use the product.
  • DoiT Insightsregularly analyzes cloud billing data to unlock savings opportunities through actionable recommendations such as architecture improvements, storage optimization, workload rightsizing, and more.
  • Out-of-the-box dashboards to visualize, analyze and optimize the usage costs for containerized workloads running on Elastic Kubernetes Service (EKS)and Google Kubernetes Engine (GKE), helping customers to more easily manage Kubernetes clusters and align them to industry best practices.

Features like these help DoiT’s customers optimize their cloud investments to achieve a strong ROI. For healthtech innovator Verily, DoiT has transformed the way they are able to understand their consumption.

“As Verily grows our FinOps practices, DoiT has been a great partner to work with thanks to their expansive technology solution and proactive service teams. With DoiT Cloud Navigator, we get in-depth insight into how the different teams across our organization are consuming cloud resources, along with the ability to optimize that usage through cost alerting, budgeting, identifying savings opportunities and more,” said Joe Intrakamhang, cloud finops lead at Verily. “Cloud Navigator has become a critical tool for my team.”

DoiT also achieved a coveted platform certification from the FinOps Foundation, the highest recognition offered by the organization. This achievement reflects DoiT’s exceptional ability to help organizations adopt cloud financial management practices aligned with industry standards.

DoiT is a Bronze Level Sponsor at FinOps X, being held June 19-22 in San Diego. To learn more about how DoiT supports customers in their FinOps journeys, visit doit.com.

About DoiT International
DoiT is a global technology company that provides intelligent FinOps software and unrivaled multicloud expertise to cloud-driven organizations.

With nearly 2,500 years of collective cloud operations experience, we work alongside more than 3,800 customers to see, strengthen, and scale their cloud infrastructure. For more information, visit doit.com.


Source: DoiT 

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