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News, articles, tools, and other useful cloud native stuff for DevOps, SRE and software engineers. This channel is managed by Palark GmbH. Contact @dshnow to suggest your content.
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Kubecost is acquired by IBM

Kubecost is a well-known solution for Kubernetes cost monitoring and management. Created in 2019 by ex-Googlers, it came along with the Open Source project called OpenCost. The latter was accepted in the CNCF Sandbox in 2022. This acquisition is tightly related to another FinOps deal in 2023 when IBM acquired Apptio Inc.

More information:
- IBM press release
- TechCrunch coverage
- IBM FinOps suite announced earlier this year
- Reddit discussion

#news #finops
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OpenCost became the latest CNCF Incubating project.

OpenCost is a FinOps tool used for cost monitoring for Kubernetes workloads and related cloud expenses. The project was originally developed by Kubecost, the company offering an eponymous commercial product based on OpenCost. Two months ago, Kubecost announced being acquired by IBM.

#news #finops #cncfprojects
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