Global, cloud-led and data-centric software solutions vendor, NetApp, has acquired cloud optimization platform provider CloudCheckr for an undisclosed sum of money. CloudCheckr’s cloud optimization platform provides NetApp clients with cloud visibility and insights to lower cloud costs. It also adds capabilities to NetApp’s product portfolio to maintain security and compliance and optimize cloud resources.
As private, public and managing services businesses have increased investment in cloud services in recent years, cloud costs have become a barrier to an acceleration of the cloud business, stated NetApp.
This acquisition would extend Spot by NetApp’s FinOps offerings by combining critical cost visibility and reporting from the CloudCheckr platform with continuous cost optimization and managed services from Spot by NetApp. Combining these capabilities would help companies to optimize their cloud resources and achieve their cloud advantages more quickly and on an even greater scale.
“Managing costs while accelerating cloud applications is a significant challenge for organizations as they work to maximize the ROI of their cloud investments, all while running at cloud speed,” said Anthony Lye, executive vice president and general manager of NetApp’s Public Cloud Services business unit. “By adding cloud billing analytics, cost management capabilities, cloud compliance and security to our CloudOps platform through the acquisition of CloudCheckr, we are enabling organizations to deploy infrastructure and business applications faster while reducing their capital and operational costs. This is a critical step forward in our FinOps strategy as well as an acceleration of our overall CloudOps leadership. Simply put, NetApp continues to empower customers to achieve more cloud at less cost.”
Spot by NetApp and CloudCheckr Combined
As a fundamental part of its cloud strategy, NetApp is continuing to invest in the innovation and expansion of the portfolio. The purchase of CloudCheckr would complete and enhance the Spot by NetApp portfolio, building on the company’s previous acquisition of Data Mechanics, to establish one of the leading industries of CloudOps services.
With CloudCheckr, the Spot by NetApp portfolio would provide complete cost visibility, analytics, management and optimization to enable enterprises and MSPs govern their cloud infrastructures on an on-going basis.
“The combination of Spot by NetApp and CloudCheckr will create a suite of highly complementary and synergistic multi-cloud infrastructure management solutions for our customers and partners,” said Tim McKinnon, Chief Executive Officer (CEO) of CloudCheckr. “The CloudCheckr team is thrilled to be joining NetApp, and to help advance the company’s leadership in the FinOps space.”