Microsoft today announced that they are acquiring Cloudyn, a company that develops easy-to-use SaaS solution that puts automated cloud monitoring, analytics and optimization at your fingertips. Using Cloudyn, customers can gain highly granular, real-time visibility into consumption, cost and performance of multi-platform, hybrid cloud based on financial and operational metrics accessed via a single pane.
Cloudyn already supports cost management for Microsoft Azure and other public clouds including AWS and Google Cloud, helping customers improve their cloud efficiency. According to Microsoft, one U.S.-based Fortune 500 customer has seen a 286 percent return on investment (ROI) with regard to their cloud efficiencies after deploying Cloudyn. Microsoft is planning to incorporate Cloudyn capabilities into its product portfolio that offers customers the industry’s broadest set of cloud management, security and governance solutions.
Sharon Wagner, the founder and CEO of Cloudyn has shared his thoughts on the acquisition here.