The year in review: Cloudability in 2016
2016 was filled with big strides from both a product and culture front, giving us the opportunity to learn so much more about our customers and help them optimize their cloud spending. Catch up with our biggest company and product highlights from the year.
Cloudability was named a top place to work for in Oregon
Earlier in the year, we were proud to announce that we made Oregon Business Journal’s list of Top 100 Companies in 2016. We’re very thankful to our staff for working hard to create such a welcoming and exciting environment and we’re all very proud to represent our state in this way. Learn more about this from our announcement article.
Showing AWS users how to dig into cost spikes
Since nobody likes a surprise on their AWS bill, we launched some feature updates that let our users drill down into every peak or valley in their cost and usage data to understand what’s going on. This feature was the first of many to help people really dissect their cloud costs and usage to start rich dialog about how to optimize them.
Learn more about this feature and some handy use cases for it in our announcement post.
Closing our Series B financing round
Earlier in the year, we also announced closing our Series B financing round. This was a big moment for us as we locked in the resources to take Cloudability to the next level. Read more about this announcement from an article by our CEO.
Delivering resource-level cost and usage analytics
Building a strong culture of cost management for AWS users requires having the right data for the right people at the right time. Our resource-level analytics allows you to dig deeper into cost and usage data to identify drivers of cloud costs at their individual resource ID. Additional custom metrics adds even more “oomph” to this process. Read our official release for more details and use cases.
Exploring why Reserved Instance cost amortization matters
Amortizing upfront charges, like the sign up fees to use Reserved Instances (RIs), can add complexity to AWS cost allocation under an accrual accounting model. Learn how our cost allocation feature simplifies cost amortization reporting, allowing folks to understand the accrued costs of running AWS throughout the year.
Launching big RI Planner updates (supporting RDS, Redshift, ElastiCache along with EC2)
AWS announced Convertible RIs, Regional Scoping, and many more updates and announcements that added new levels of complexity to the Reserved Instance buying and management process. We released a few key updates to help folks make the best RI buying decisions to lock in the most savings over time. This update included support for the new RI changes, as well as additional RI planning and buying support for RDS, Redshift, and ElastiCache.
Learning more about AWS at re:Invent 2016
We had the privilege of revealing all of our recent product updates and features for an excited audience at re:Invent 2016. It’s the feedback and interaction from current customers and interested AWS users that inspires us to continue to improve on Cloudability and to help create a solid tool to help any business spend as efficiently as possible on the cloud. We catalogued our re:Invent adventures on our content hub.
Looking forward to the new year
What we’ve accomplished in 2016 sets the foundation for an even better 2017. We’d like to thank all of our customers, staff, investors, advisors, and community for their support, involvement, and advice that has helped us build such a great product and culture.
As always, we’re looking for talented people to join our mission. We’re hiring across the board, so visit our jobs page for more information.
Most importantly, have a happy holiday season and a great new year.