News: 0175017035

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IBM Acquires Kubernetes Cost Optimization Startup Kubecost (techcrunch.com)

(Tuesday September 17, 2024 @05:40PM (msmash) from the broadening-offering dept.)


IBM has [1]acquired Kubecost , a FinOps startup that helps teams at companies like Allianz, Audi, Rakuten, and GitLab monitor and optimize their Kubernetes clusters with a focus on efficiency and, ultimately, cost. From a report:

> Tuesday's announcement follows IBM's $4.3 billion acquisition of Apptio in 2023, another company in the FinOps space. In previous years, we also saw IBM acquire companies like cloud app and network management firm Turbonomic and application performance management startup Instana. Now with the acquisition of KubeCost, IBM continues this effort to bolster its IT and FinOps capabilities as enterprises increasingly look to better manage their increasingly complex cloud and on-prem infrastructure.



[1] https://techcrunch.com/2024/09/17/ibm-acquires-kubernetes-cost-optimization-startup-kubecost/


And the cycle continues (Score:2)

by xack ( 5304745 )

1.Enshittify your sevice

2.Some company makes a deshittyfier

3.Aquire company to close loopholes

4.Repeat as new hype cycles create new junk vc funding

so what does IBM do now? (Score:2)

by Joe_Dragon ( 2206452 )

just buy up IP and make it go to shit?

buy up IP and make big $$$ off consulting fees?

Re: (Score:2)

by NoWayNoShapeNoForm ( 7060585 )

You forgot the licensing aspect of their business where they license patents from their rather deep trove of inventions.

If I were the IDF, they would get one more text: (Score:2)

by Chas ( 5144 )

[1]https://youtu.be/yWpS4Sv7lWc [youtu.be]

[1] https://youtu.be/yWpS4Sv7lWc

Re: (Score:2)

by Chas ( 5144 )

SEE "Humor"

You have a bunch of people with pagers exploding in the crotch of evil people.

Hence the "Inglorious Basterds" reference.

This is what IBM sells (Score:2)

by ZipNada ( 10152669 )

Increasingly focused on services instead of hardware so as to get that recurring revenue stream. The acquisitions fit with their business strategy.

"monitor and optimize their Kubernetes clusters"

"cloud app and network management firm Turbonomic and application performance management startup Instana"

Mass Layoff today, too (Score:2)

by Un-Thesis ( 700342 ) *

More importantly, IBM Cloud is having a mass layoff, the day after its stock hit an all-time-high.

It is very secretive. Many people are affected. Hundreds, if not thousands, but no news stories.

Heuristics are bug ridden by definition. If they didn't have bugs,
then they'd be algorithms.