It’s only been a couple of months since we celebrated a major win when Apptio Cloudability was named by Forrester as a leader in its report, The Forrester Wave™: Cloud Cost Management and Optimization, Q4 2020. Continuing that cloud momentum, and highlighting our leadership in solving the Kubernetes cost allocation challenge, we have more great news! Apptio has also been identified as a leader in the Amalgam Insights report, Market Landscape: Top Vendors for Kubernetes Cost Management.
We earned this recognition from Amalgam Insights thanks to our new Kubernetes cost allocation capabilities. With Apptio's integrated Kubernetes financial management, you can fully integrate Kubernetes containers into your broader cloud financial management process. This means you can view Kubernetes costs alongside other cloud costs for a complete view of cloud spend that is unique in the industry.
The use of containers as the mechanism to deploy services on a public cloud is seeing explosive growth, making Kubernetes cost control top of mind. According to Amalgam Insights, the projected market for container technologies is currently over $2.5 billion and expected to grow about “30% per year over the next 2-3 years as companies seek to build more modular applications.” Over 90% of this spend is expected to be focused on Kubernetes.
“Kubernetes cost management is an important exercise to ensure that the business flexibility created by Kubernetes is handled in a financially responsible manner. Technology investments need to fundamentally support multiple business goals: optimizing current business initiatives, supporting new business initiatives, and allowing new business initiatives to scale. Without a financial management component, technology deployments cannot be fully aligned to business goals,” said Amalgam Insights in its report.
To manage Kubernetes from a financial perspective, Amalgam Insights recommends four key building blocks:
- Cost Structure
- Business Ownership
- Business Tags
In its report, Amalgam Insights recommends Apptio Cloudability's Container Cost Allocation as one of the top three solutions able to meet these building-block criteria. This is because Cloudability “offers a set of reports and tools to support the allocation, cross-charge, and analysis of container spend, and to support the planning, budgeting, and forecasting of additional container spend.”
By broadening existing container cost allocation capabilities to include Kubernetes Financial Management, Apptio Cloudability enables users to normalize, allocate, and optimize Kubernetes-based spend within a broader view of other cloud and IT spend. This ensures alignment to business goals and drives value.
Check out Apptio’s container cost allocation demo to see how you can get visibility and allocate cost for Kubernetes clusters.