Yotascale, the industry leader in dynamic cloud expense management, announced today that it has been recognized by Gartner as a “Cool Vendor” based on the May 13, 2021 Report entitled “Cool Providers in Cloud Computing”.

Proactive management of cloud computing costs and resource usage is critical to helping companies scale their business. The unique solution from Yotascale differs significantly through key features such as: automated cost allocation, continuous detection of cost anomalies, uniform and comprehensive technical support for modern architectures and collaborative cost planning. Together, they provide engineering teams with the tools they need to fully manage their cloud costs and resource usage.

“It is a real honor to be recognized as one of Gartner’s Cool Vendors in Cloud Computing for 2021,” he said Asim Razzaq, CEO, Yotascale. “As companies around the world grow their cloud usage, it is critical for engineering and finance teams to have a single solution that provides a unified view of both cloud-native and cloud-enabled workloads to to avoid a surprise invoice at the end of the month. When organizations know the exact source of their cloud costs at a granular level, they can make smarter decisions. “

According to recent research, companies waste 30 percent of their cloud spending. Unlike other first generation products on the market, Yotascale offers a detailed, unified view of an organization’s utilization and costs for cloud-enabled and modern cloud-native workloads, including containers and Kubernetes. It gives engineers actionable recommendations and gathers critical feedback from engineering about actions taken (or not taken) so it is available across the enterprise for unprecedented visibility into cost optimization efforts.

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