Anodot Releases The State of Cloud Cost Optimization 2024 Report [Yahoo! Finance]
Data Storage Corporation (DTST)
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datastoragecorp.com/about-us/investor-relations
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Source: Yahoo! Finance
NEW YORK April 19, 2024 /PRNewswire/ -- Anodot publishes its annual Cloud Cost Optimization Report, delivering insights from customer data and analysis of news and trends within the FinOps sector to prepare cloud users for 2024. The report summarizes key findings from major organizations and companies in the FinOps space, including Anodot's recommendations on how to use these findings. Additionally, Anodot utilizes its customer data to inform the report, showing how users optimize their cloud investments using their platform. Key insights include: 90% of recommendations generations focused on optimizing workloads: Anodot's AI engine findings indicate that in 2023, workload recommendations outperformed rate optimizations. Data and storage optimizations made up nearly 80% of total savings: In 2023, Anodot customers achieved their biggest savings through Data & Storage optimizations, accounting for about 80% of total savings, up from 50%. In 2023, FinOps practitioners implem
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