Anodot has signed a strategic partnership with the global FinOps and TBM platform, YäRKEN.
Based in Auckland with a global customer base, YäRKEN provides innovative solutions across all of tech spend including legacy and cloud platforms.
Under the agreement, Anodot and Yarken will share technology to integrate it to give their customers the ability to manage both on-premises and private cloud cost from a single interface.
The collaboration with YäRKEN follows a series of successful deals and rapid sales growth of 300% since the beginning of 2024. Most recently, Anodot signed deals with MSPs including ACA Group, Automat-IT and UBTech earlier this year. Recent license changes and partner program restructuring at VMware has caused increased interest in Anodot as an alternative to VMware CloudHealth.
Anodot is an AI-based cost management platform that detects waste, tracks savings and provides transparency on current and future costs. It allows users to facilitate strategic financial planning and management of multi-cloud, Kubernetes pods and SaaS tools. It features a multi-tenant, multi-billing platform that optimizes costs across departments, teams, products, unit economics and tenants.
YäRKEN is a tech cost management platform that enhances profitability and reduces tech spend by providing comprehensive cost optimization across cloud, on-premise, and hybrid environments, integrating data for a holistic view of tech investments. Key features include legacy platform TCO, Application TCO, IT planning, and Showback/Chargeback, ensuring precise financial control.
"Anodot and YäRKEN are a perfect strategic match," said David Drai, CEO and co-founder of Anodot. "Our technology uses AI to help enterprises discover inefficiencies in their cloud spend, and YäRKEN's platform helps those same organizations manage cloud spend across on-prem and cloud deployments. Together, we're building an impressive value proposition to help customers improve their efficiency and margins. With the Finops.org introduction of FOCUS 1.0, we are setting a new standard that will elevate cost observability to unprecedented levels."
"YäRKEN's strength is in tracking value outcomes with tech savings and aligning tech spend with business objectives across all platforms, including cloud and legacy systems," said Ravi Kuppan, CEO and co-founder of YäRKEN. "Anodot's AI capabilities in cost optimization are a perfect match for YäRKEN, enabling us to cover the full spectrum for Anodot's and YäRKEN's existing client base. Together, we extend the power of FinOps to include on-prem tech spend."
The Latest
Today we could be witnessing the dawn of a new age in software development, transformed by Artificial Intelligence (AI). But is AI a gateway or a precipice? Is AI in software development transformative, just the latest helpful tool, or a bunch of hype? To help with this assessment, DEVOPSdigest invited experts across the industry to comment on how AI can support the SDLC. In this epic multi-part series to be posted over the next several weeks, DEVOPSdigest will explore the advantages and disadvantages; the current state of maturity and adoption; and how AI will impact the processes, the developers, and the future of software development ...
Half of all employees are using Shadow AI (i.e. non-company issued AI tools), according to a new report by Software AG ...
On their digital transformation journey, companies are migrating more workloads to the cloud, which can incur higher costs during the process due to the higher volume of cloud resources needed ... Here are four critical components of a cloud governance framework that can help keep cloud costs under control ...
Operational resilience is an organization's ability to predict, respond to, and prevent unplanned work to drive reliable customer experiences and protect revenue. This doesn't just apply to downtime; it also covers service degradation due to latency or other factors. But make no mistake — when things go sideways, the bottom line and the customer are impacted ...
Organizations continue to struggle to generate business value with AI. Despite increased investments in AI, only 34% of AI professionals feel fully equipped with the tools necessary to meet their organization's AI goals, according to The Unmet AI Needs Surveywas conducted by DataRobot ...
High-business-impact outages are costly, and a fast MTTx (mean-time-to-detect (MTTD) and mean-time-to-resolve (MTTR)) is crucial, with 62% of businesses reporting a loss of at least $1 million per hour of downtime ...
Organizations recognize the benefits of generative AI (GenAI) yet need help to implement the infrastructure necessary to deploy it, according to The Future of AI in IT Operations: Benefits and Challenges, a new report commissioned by ScienceLogic ...
Splunk's latest research reveals that companies embracing observability aren't just keeping up, they're pulling ahead. Whether it's unlocking advantages across their digital infrastructure, achieving deeper understanding of their IT environments or uncovering faster insights, organizations are slashing through resolution times like never before ...
A majority of IT workers surveyed (79%) believe the current service desk model will be unrecognizable within three years, with nearly as many (77%) saying new technologies will render it "redundant" by 2027, according to The Death (and Rebirth) of the Service Desk from Nexthink ...
Monitoring your cloud infrastructure on Microsoft Azure is crucial for maintaining its optimal functioning ... In this blog, we will discuss the key aspects you need to consider when selecting the right Azure monitoring software for your business ...
