IBM Cloudability Named Leader by Forrester Research in The Forrester Wave™: Cloud Cost Management and Optimization (CCMO), Q3 2024

Jakarta, INTI - Apptio, an IBM Company, today announced that IBM Cloudability has been named a Leader by Forrester Research, an independent research firm, in The Forrester Wave™: Cloud Cost Management and Optimization (CCMO), Q3 2024.

The Forrester Wave™ evaluated 12 cloud cost management and optimization solutions based on 25 criteria. IBM Cloudability received the highest score of five in 20 out of 25 criteria. IBM Cloudability earned the highest possible score, defined as superior relative to others in the evaluation, in cloud platform support, monitoring, reporting, recommendations, capacity planning and assessment, vision, innovation, roadmap, partner ecosystem, and eleven other criteria.

According to the report, “IBM provides the most complete full-stack CCMO solution. IBM is known for the acquisition of its two strong CCMO solutions: Cloudability and Turbonomic. The combination of these two solutions has the potential to create the deepest and widest CCMO solution in capability. Its strategic strength is in its ambitious roadmap where it plans to integrate Cloudability and Turbonomic in a single portal.”

IBM Cloudability’s Competitive Advantage

Ajay Patel, General Manager of Apptio (an IBM Company) & IT Automation, stated, “Our pace of innovation is accelerating to meet the expanding demands of our customers looking to maximize their investment in AI and cloud. Over the years, our commitment to innovation is evident in what we believe is our clear competitive differentiation and leadership. Through IBM’s acquisition of Apptio, we have significantly expanded our capability to meet our customers’ evolving needs as they navigate the growing complexities of the technology landscape.”

IBM Cloudability enables organizations to bring financial accountability to cloud, allowing IT, finance, and DevOps teams to tune cloud deployments for speed, cost, and quality. It is designed to help businesses improve the unit economics of cloud and translate cost and operational data into performance indicators that reveal the business value of cloud investments.

Comprehensive Cloud Platform Support and Deep Integration

IBM Cloudability’s success in achieving high ratings in the Forrester Wave™ report is attributed to its comprehensive support for various cloud platforms, including deep monitoring, extensive reporting, and data-driven recommendations. Additionally, superior capacity planning and assessment capabilities aid organizations in making strategic decisions regarding cloud resource utilization.

This advantage is further strengthened by IBM’s innovative vision, emphasizing the integration of Cloudability and Turbonomic, allowing users to access the full range of cloud cost management and optimization capabilities from a single, unified portal. This makes IBM Cloudability a solution that is not only powerful but also highly user-friendly, enabling users of all technical levels to maximize the efficiency and effectiveness of their cloud operations.

Commitment to Innovation and Growth

IBM continues to demonstrate a strong commitment to innovation, as evidenced by their ongoing efforts to update and expand the features offered by Cloudability. With an ambitious roadmap and a focus on customer needs, IBM strives to ensure that their solutions are always at the forefront in meeting the ever-evolving demands of technology.

Ajay Patel added, “Innovation is at the core of what we do at Apptio and IBM. We strive to always be a step ahead in delivering solutions that not only meet but exceed our customers’ expectations. With the integration of Cloudability and Turbonomic, we are confident in our ability to deliver greater value and help organizations achieve their business goals more efficiently.”

Positive Impact for Customers

IBM Cloudability customers can now enjoy numerous benefits from this advanced cloud cost management and optimization solution. With the ability to more effectively control and optimize cloud spending, organizations can achieve significant cost efficiencies, enhance operational speed, and ensure better service quality. Support for various cloud platforms also allows greater flexibility in managing multi-cloud environments, which is becoming the industry standard.

By being named a Leader in The Forrester Wave™: Cloud Cost Management and Optimization (CCMO), Q3 2024, IBM once again proves its excellence in providing innovative and effective technology solutions. Through its commitment to innovation and the deep integration between Cloudability and Turbonomic, IBM not only delivers a powerful solution but also enables organizations to achieve higher operational efficiency and optimize the value of their cloud investments.

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