Press release
Datadog Extends Cloud Cost Management Capabilities with Container Cost Allocation, Cost Monitors and Support for Microsoft Azure
New features help customers create a culture of cost ownership across their organization by empowering engineers to understand and take action on cloud costs
About this update from Datadog, Inc.
[{"type":"text","content":"New features help customers create a culture of cost ownership across their organization by empowering engineers to understand and take action on cloud costs\nNEW YORK, June 7, 2023 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced new capabilities for its Cloud Cost Management product, including container cost allocation, cost monitors and support for Microsoft Azure. Cloud Cost Management shows an organization's granular cost data, scoped to specific services, so that engineers can optimize cloud spend and performance.\n\n \n \n \n \n \n \n\n \nCloud cost data is traditionally dispersed and difficult to centralize and understand, putting organizations at risk of going over budget. These challenges only grow as new technologies and platforms are used and existing tools keep cost and observability data separate. This results in a lack of context and visibility among engineering teams when they are making decisions about their infrastructure and applications. It also leads to a team culture where costs are not at the forefront, which remains an issue for most organizations. According to The State of FinOps 2023, empowering engineers to take action on costs is the top challenge facing FinOps teams.\n\"As organizations increase their usage of containers and multiple clouds, the ability to centralize cost data and allocate spend across different dimensions becomes even more important,\" said Kayla Taylor, Senior Product Manager, Cloud Cost Management at Datadog. \"Datadog Cloud Cost Management gives engineers visibility into spend and helps create a cost-conscious culture so they can take action on cost insights. With granular alerting and visibility into containers and Azure environments, Datadog Cloud Cost Management provides the relevant observability and cost data that engineers need, in the platform they already use everyday, to empower them to reduce waste and avoid unexpected cost overages.\"\n\"By easily combining cost data with key business metrics, Cloud Cost Management already shines a light into an important unit economics for our business: the cost associated with supporting an Asana user,\" said Yannis Spiliopoulos, Tech Lead at Asana. \"Being able to create alerts based on this data will no doubt further improve visibility and increase efficiency...