Snow Software and Anodot Partner to Tackle Cloud Costs

Snow Software, a provider of technology intelligence, and Anodot, the business monitoring company, are forming a new strategic partnership to help organizations solve the urgent challenge of managing rapidly growing and increasingly complex cloud costs.

Snow and Anodot will bridge the disciplines of IT asset management (ITAM) and finance operations (FinOps) together to address evolving issues associated with cloud cost management.

The two companies are committing go-to-market and research and development investments, leveraging core technologies in their portfolios—Snow Atlas and Anodot Cost—to address this acute market challenge.

According to IDC, cloud spending will exceed $1.3 trillion by 2025. This spending includes everything from cloud infrastructure and application services to servers and storage, to professional and managed services.

Snow and Anodot are dedicated to solving this issue by offering a complete picture of cloud investments to every stakeholder across an organization that requires visibility of those resources from IT to FinOps to engineering, according to the vendors.

As a first step of the partnership, Snow is introducing a cloud cost management solution that enables granular cloud cost visibility and continuous cost monitoring for multi-cloud and Kubernetes environments—including Amazon Web Services, Microsoft Azure, and Google Cloud Platform—and provides actionable savings recommendations.

Snow Cloud Cost powered by Anodot offers an easy-to-use dashboard that enables attribution and tracking of costs across cloud providers, applications, services and lines of business in near real-time.

The solution also provides accurate forecasting, anomaly detection and alerts, which eliminate cost spikes and foster a successful FinOps culture, according to the vendors..

“We believe the traditional approach to managing cloud costs is no longer sufficient, and it’s time to address the next evolution of cloud cost issues,” said Vishal Rao, president and CEO of Snow. “Organizations that struggle to manage their investments often end up paying for more than they need.  With our combined expertise, Snow and Anodot are uniquely positioned to make an immediate and meaningful impact to an organization’s cloud investment because we are bringing together two key disciplines—ITAM and FinOps.”

Snow’s vision for technology intelligence enables organizations to accelerate data-driven decision making by providing complete visibility into all technology within their organization, combined with built-in intelligence to optimize cost, usage and risk.

To make this vision a reality, Snow is broadening its ecosystem of technology partners that will bring the highest quality data and insight from all technology domains into the Snow Atlas platform. Anodot is joining this expanding ecosystem, bringing their machine learning backed business monitoring expertise.

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