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IBM acquires Kubecost

IBM is announcing the acquisition of Kubecost, a leading Kubernetes cost monitoring and optimization software company.

FinOps, an operational framework and cultural practice which maximizes the business value of cloud, provides organizations with a viable and strategic approach to managing this workload complexity. With this acquisition, IBM is showcasing its commitment to the growth of FinOps, both by setting the pace for innovation, as well as strategically bringing leading technologies together. In fact, IBM Cloudability was recently named a leader in the report, The Forrester Wave™: Cloud Cost Management and Optimization, Q3 2024.

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