IBM has acquired Kubecost, a FinOps startup that aids companies in monitoring Kubernetes clusters for efficiency and cost management, enhancing its cloud capabilities.
Kubecost, launched in 2019, aims to optimize global infrastructure and offers the most widely adopted solution for Kubernetes cost monitoring in the cloud native landscape.
The acquisition aligns with IBM's strategy to enhance its IT and FinOps capabilities, following its $4.3 billion acquisition of Apptio and other related companies.
Kubecost is known for its open-source project OpenCost, which integrates with its commercial offerings and reflects its commitment to enhancing cost management for teams.
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