Press release

Cloudability and PagerDuty Integrate Best of Breed Spend Optimization and Operational Excellence

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Sponsored by Businesswire

Cloudability,
the pioneer and leader of the FinOps market, today announced a new
integration available inside the Cloudability platform for all clients
of PagerDuty
(NYSE: PD), a global leader in digital operations management. The
integration helps IT, finance and business teams quickly spot waste in
real-time and fully utilize cloud spend by escalating notification to
the appropriate operations teams as they occur without waiting for a
monthly bill. This type of cross-team collaboration, known as FinOps,
enables customers to bring financial accountability to the variable
spend model of cloud in real-time.

“The Cloudability and PagerDuty integration is a sought-after
combination by customers who are committed to cloud excellence,” said
Javier D’Ovidio, Cofounder and CEO of Edrans, an AWS Premier Consulting
Partner. “Demand for this type of integrated cost optimization and
performance solution is on the rise, and Cloudability vastly improves
how we deliver this service to our customers.”

In today’s cloud economy, despite the billions being spent on public
cloud, enterprises with large spend don’t always know, even when they
receive their monthly bill, what portion of cloud spend is being
utilized to its full extent. Cloudability’s cloud
financial management platform
leverages data science and machine
learning, processing more than $9 billion in cloud spending, to provide
“penny accurate” visibility that enables enterprises to make intelligent
decisions about cloud usage and to continually optimize cloud spending.
PagerDuty’s platform helps enterprises orchestrate intelligent real-time
responses, empowering teams to take action during critical moments using
data, intelligence, and automation. Together, the integration enables
customers to immediately receive billing anomalies and take action to
help optimize the unit economics of cloud spend.

“The ability to detect spending anomalies within Cloudability and
automatically trigger an event to a service in PagerDuty is exactly the
kind of coordination that must take place within the enterprise to
support good cloud financial management,” said Robb Allen, CEO of
effectual, a next-gen managed and professional services provider focused
on cloud security and financial optimization. “This integration enables
practitioners to seamlessly apply FinOps best practices and break down
the silos between IT, finance, and the business.”

“Understanding and discerning cost, performance and efficiency can be
tricky for enterprises attempting to analyze cloud usage and spend,”
said Steve Gross, Sr. Director, Strategic Ecosystem Development at
PagerDuty. “For years, we’ve worked alongside Cloudability to help
customers solve this problem given the crossover between our customer
base, and today we’re pleased to formally solidify our partnership and
make this integration available to customers.”

“Partnering with best-of-breed cloud solutions like PagerDuty allows our
customers to give their cloud operations teams visibility to high
priority incidents in systems they are already using,” said Matthew
Scott, VP of Strategy & Partnerships at Cloudability. “Going to market
together helps our joint clients get more value from two cloud framework
leaders across all of the large cloud providers.”

For more information on the integration between PagerDuty and
Cloudability, please visit.

About Cloudability

Cloudability is the pioneer and leader of the emerging FinOps market, a
new practice area that brings financial accountability to the variable
spend model of cloud. With more than $9 billion in cloud spend under
management, Cloudability’s cloud financial management platform is
purpose built to help IT, Finance and business teams make timely
decisions about cloud usage and master the unit economics of cloud. Many
of the world’s top cloud spenders including Atlassian, BP and Sony rely
on the platform to balance the speed, cost and quality of cloud.
Venture-backed Cloudability is based in Portland, Oregon and is the
Founder and Technical Advisor of the FinOps Foundation. For more
information, visit cloudability.com.

About PagerDuty

PagerDuty, Inc. (NYSE: PD) is a leader in digital operations management.
PagerDuty empowers organizations of all sizes with real-time and
data-driven insights to drive better business results. DevOps, ITOps,
and SecOps teams use PagerDuty’s award-winning platform for real-time
operations to improve operations, deliver exceptional customer
experiences, and accelerate innovation. Today, over 11,000 organizations
across all industries have deployed PagerDuty. Notable customers include
IBM, GE, Box, and American Eagle Outfitters. To learn more and try
PagerDuty for free, visit www.pagerduty.com.
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