IBM Cloudability named cloud cost management leader by Forrester

IBM Cloudability has been recognised as a leader in cloud cost management and optimisation by Forrester Research, a prominent independent research firm. The platform was evaluated alongside 11 other solutions in the latest Forrester Wave report for Q3 2024.

In the report, IBM Cloudability received the highest score possible in 20 out of the 25 criteria assessed. These criteria included cloud platform support, monitoring, reporting, recommendations, capacity planning and assessment, vision, innovation, roadmap, and partner ecosystem, among others.

Forrester Research highlighted, "IBM provides the most complete full-stack CCMO solution." This commendation can be attributed to the strategic acquisition of two significant cloud cost management and optimisation solutions: Cloudability and Turbonomic. The combined strength of these solutions positions IBM to offer an expansive range of capabilities in the CCMO space. Forrester noted the strategic strength of IBM's ambitious roadmap, particularly its plan to integrate Cloudability and Turbonomic within a single portal.

Ajay Patel, General Manager of Apptio (an IBM Company) & IT Automation, commented on the recognition. "Our pacing of innovation is accelerating to meet the expanding demands of our customers looking to maximise their investment in AI and cloud," said Patel. "Throughout 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 aims to bring financial accountability to cloud computing, enabling teams across IT, finance, and DevOps to optimise cloud deployments in terms of speed, cost, and quality. The service is designed to help organisations improve the unit economics of cloud computing and to translate cost and operational data into performance indicators that reveal the business value of cloud investments.

The Forrester Wave report's evaluation of CCMO solutions outlines a comprehensive assessment which includes cloud platform support, monitoring, reporting, and innovation. IBM Cloudability's high marks in these areas underline the platform’s ability to provide robust support and innovative solutions for managing cloud costs and operations.

IBM's integration strategy for Cloudability and Turbonomic signifies an ambitious effort to unify these platforms into a single interface, potentially offering users a more seamless experience. This integration could enhance user experience by simplifying access to a wider range of functionalities and data points through one consolidated portal.

The acknowledgement by Forrester Research serves as a significant accolade for IBM Cloudability, validating the platform’s comprehensive approach to cloud cost management and optimisation. As businesses continue to invest in cloud technologies, tools like IBM Cloudability, play a crucial role in ensuring that these investments deliver tangible business value.

IBM Cloudability’s recognition as a leader in the latest Forrester Wave report highlights its standing in the competitive landscape of cloud cost management and optimisation solutions. The platform's comprehensive features, combined with IBM’s strategic direction, underscore its position as a formidable player in the industry.