Cloud App Development, Cloud App Management, Cloud Deployment Models

CloudZero Achieves Cloud Financial Management Distinction In AWS Cloud Operations Competency

CloudZero Achieves Cloud Financial Management Distinction In AWS Cloud

CloudZero, the cloud cost intelligence platform that provides visibility and savings, announced today that it has achieved the Amazon Web Services (AWS) Cloud Operations Competency in the Cloud Financial Management category. The new AWS Cloud Operations Competency allows customers to select validated AWS Partners who offer comprehensive solutions with an integrated approach across all five solution areas of Cloud Operations: Cloud Financial Management, Cloud Governance, Monitoring and Observability, Compliance and Auditing, and Operations Management. As an AWS Cloud Operations Competency Partner, CloudZero has demonstrated expertise in helping customers build a strong and scalable foundation for their end-to-end Cloud Operations.

IT Operations are at the heart of every organization. It can be time-consuming and challenging for customers to determine the best way to set up their organization for operational excellence. Without the right model for operating at cloud scale, organizations can struggle to balance their needs for security, compliance, and operational safety with their responsibility to boost innovation, speed, and agility. Builders can run into inefficient and siloed application development, difficult deployments that result in errors, and downtime in mission-critical applications. Many of these issues are caused by customers focusing on one area of Cloud Operations over others, resulting in them missing the opportunity to generate a larger ROI during their digital transformation. AWS Cloud Operations Competency Partners have proven customer success in delivering solutions to help customers set up, build, migrate, and operate securely and efficiently with an integrated approach to Cloud Operations.

The AWS Cloud Operations Competency differentiates AWS Partner Network (APN) members with significant expertise in providing cross-functional guidance across the five solution areas of Cloud Operations. CloudZero follows AWS best practices and has proven experience in Cloud Financial Management. AWS Partners in this solution area have a proven track record of helping customers plan for optimized cloud spend management from day one with services, tooling, and resources. Customers can organize and track cloud cost and usage, implement cost controls, plan better through budgeting and forecasts, and further improve cost efficiency with resource utilization and purchase strategy optimizations.

"CloudZero is proud to achieve the AWS Cloud Operations Competency," said Phil Pergola, CEO of CloudZero. "Our team is dedicated to helping companies achieve their business transformation goals by leveraging the agility, breadth of services, and pace of innovation that AWS provides — as cost-effectively as possible."

AWS is enabling scalable, flexible, and cost-effective solutions from startups to global enterprises. To support the seamless integration and deployment of these solutions, AWS established the AWS Competency Program to help customers identify AWS Partners with deep industry experience and expertise.

CloudZero offers a full suite of cloud cost management capabilities — including optimization, monitoring, reporting, alerting, budgeting, forecasting, and more. CloudZero's chief differentiators center on fast, accurate allocation: CloudZero CostFormation®, CloudZero's YAML-based language, lets customers allocate spend without lengthy tagging exercises. CloudZero pairs this with real-time data from multiple telemetry streams to give customers a comprehensive view of their spend environments — in a framework that mirrors their business.

Ultimately, CloudZero empowers engineers to take ownership of their cloud costs. "One of our philosophies is: Act like the owner. You build it, you run it," said Stuart Davidson, platform engineering lead at Skyscanner, a CloudZero customer. "Our engineers, therefore, feel a sense of ownership over the infrastructure they build. So, giving engineers the financial data to use cost metrics as a catalyst for meaningful changes made a lot of sense. Within two weeks, we had already found enough savings to pay for a years' worth of license. It was that good — that intuitive."

About CloudZero

CloudZero is the cloud cost intelligence platform that puts any cloud or software spend into context for your business. By aligning engineering, infrastructure, and finance teams around common metrics — cost per product feature, per customer, and per development team — CloudZero enables better strategic decisions, stronger unit economics, and more efficient spending. Trusted by top cloud-driven companies like New Relic, Rapid7, and Malwarebytes, CloudZero helps organizations of all sizes achieve cloud cost maturity. Visit cloudzero.com to get started today.

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TRG Screen Announces Acquisition of Xpansion for Reference Data Usage Management

PR Newswire: | January 25, 2024

TRG Screen, the leading provider of enterprise subscription spend and usage management software, today announced it has acquired Xpansion, the leading provider of cloud-based solutions for reference data usage monitoring in the financial services industry. The acquisition of Xpansion will further solidify TRG Screen's position as a global market leader in market data management solutions. Xpansion – established in 2013 – is focused on empowering data operations teams to proactively manage their usage, control costs and optimize data workflows. Xpansion's offerings include Xmon, Xprocess and Xplore, and provide real-time analytics, giving clients unprecedented transparency, visibility and control into their reference data usage. This deal consolidates TRG Screen's unique position as the only provider of enterprise subscription management capabilities spanning the whole spectrum of market data optimization, from spend and inventory tracking, through to usage and enquiry management, exchange reporting and compliance. "Xpansion and TRG Screen have been partners for many years. Bringing Xpansion into the TRG Screen family is a very logical next step for both companies, given our strong relationship and shared view that the industry demand for integrated usage management solutions is going to continue to grow," said TRG Screen CEO Leigh Walters. "Xpansion is an established firm with excellent customer satisfaction and retention, and highly experienced and industry respected leadership. We are very excited at the opportunities this acquisition brings." "We are thrilled to be joining TRG Screen," said Xpansion co-founder and CEO Amjad Zoghbi. "Reference data usage is one of the most complex aspects of market data management, and managing it correctly is essential to maintaining contractual compliance and ensuring clients are right-sizing their usage based on actual consumption and business need. I'm very pleased that Xpansion's customers, and team, will now be part of the best-of-breed solution with the industry's leading provider of market data management solutions." The acquisition demonstrates TRG Screen's ongoing commitment to servicing the needs of market data consumers, vendors and exchanges. Financial terms of the transaction were not disclosed. About TRG Screen TRG Screen is the leading provider of enterprise subscription management solutions. Founded in 1998, TRG Screen is uniquely differentiated by its ability to monitor both spend and usage of data and information services including market data, research, software licenses, consulting and other corporate expenses. TRG Screen's solutions provide its customers with full transparency into their vendor relationships and their subscription spend and usage, enabling them to optimize their enterprise subscriptions. TRG acquired Priory Solutions in 2016, Screen Group in 2018, Axon Financial Systems in 2019, Market Data Insights in 2020, and Jordan & Jordan's Market Data Reporting (MDR) business in 2021 and with these acquisitions is now positioned as the global market leader in the financial, legal, and professional services markets. TRG Screen's product portfolio includes subscription spend, usage, enquiry and compliance solutions. For more information visit trgscreen.com. Follow TRG Screen on LinkedIn, @TRG Screen, and on Twitter, @trgscreen. About Xpansion Xpansion delivers next-generation reference data solutions that empower financial institutions to streamline their reference data operations, reduce costs, enhance data quality, and improve data discovery. With a focus on customer satisfaction, continuous innovation and quick time to value, Xpansion is a trusted partner for financial institutions in the buy- and sell-side as well as solution providers in the industry.

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Cloud Infrastructure Management

The Manufacturing Sector Experiences More Attacks in the Cloud than Any Other Industry

PR Newswire: | January 19, 2024

Netwrix, a cybersecurity vendor that makes data security easy, today revealed additional findings for the manufacturing sector from its survey of 1,610 IT and security professionals across more than 100 countries. According to the survey, 64% of companies in the manufacturing sector suffered a cyberattack during the preceding 12 months, which is similar to the finding among organizations overall (68%). However, it turned out that the manufacturing sector experiences more cloud infrastructure attacks than any other industry surveyed. Among manufacturing companies that detected an attack, 85% spotted phishing in the cloud compared to only 58% across all verticals; 43% faced user account compromise in the cloud as opposed to 27% among all industries; and 25% dealt with data theft by hackers in the cloud compared to 15% for organizations overall. "The manufacturing sector relies heavily on the cloud to work with their supply chain in real time. This makes their cloud infrastructure a lucrative target for attackers — infiltrating it enables them to move laterally and potentially compromise other linked organizations, as happened to one the world's top meat processing companies. Credential compromise or malware deployed via a phishing email is just the beginning of the attack," says Dirk Schrader, VP of Security Research at Netwrix. "The attack surface in the cloud is always expanding, so it's critical for manufacturing companies to adopt a defense-in-depth approach," adds Ilia Sotnikov, Security Strategist at Netwrix. "First, they must rigorously enforce the principle of least privilege to limit access to sensitive data, which ideally includes just-in-time access to eliminate unnecessary entry points for adversaries. They also need to gain deep visibility into when and how critical data in the cloud is being used so that IT teams can promptly spot potential threats. Finally, they need to be prepared to minimize the damage from incidents by having a comprehensive response strategy that is regularly exercised and updated." To learn more about security trends, check out the complete 2023 Hybrid Security Trends Report. About Netwrix Netwrix makes data security easy. Since 2006, Netwrix solutions have been simplifying the lives of security professionals by enabling them to identify and protect sensitive data to reduce the risk of a breach, and to detect, respond to and recover from attacks, limiting their impact. More than 13,500 organizations worldwide rely on Netwrix solutions to strengthen their security and compliance posture across all three primary attack vectors: data, identity and infrastructure.

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