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NetApp extends FinOps offerings with latest acquisition

By Catherine Knowles
Wed 6 Oct 2021

NetApp has signed a definitive agreement to acquire CloudCheckr, a cloud optimisation platform that provides cloud visibility and insights to lower costs, maintain security and compliance, and optimise cloud resources.

This acquisition extends NetApp's FinOps offerings by combining critical cost visibility and reporting from the CloudCheckr platform with continuous cost optimisation and managed services from Spot by NetApp, the company states.

These capabilities work together to enable organisations to better understand and continuously improve their cloud resources, and realise the benefits of cloud faster and at scale, according to NetApp.

This is increasingly important as both private and public sector organisations, as well as managed service providers, continue to deepen investments in cloud services, and find cloud cost a common obstacle to acceleration to cloud.

NetApp has continued to invest in the growth of the Spot by NetApp portfolio as a core component of its cloud strategy.

The acquisition of CloudCheckr complements and expands the Spot by NetApp portfolio to create a suite of CloudOps services, and builds on the company's recent acquisition of Data Mechanics.

With CloudCheckr, the Spot by NetApp portfolio will offer comprehensive cost visibility, analytics, management and optimisation, to help enterprises and managed service providers continuously control their cloud infrastructure resources, NetApp states.

NetApps Public Cloud Services business unit executive vice president and general manager, Anthony Lye, says,  “Managing costs while accelerating cloud applications is a significant challenge for organisations as they work to maximise the ROI of their cloud investments, all while running at cloud speed."

Lye says, "By adding cloud billing analytics, cost management capabilities, cloud compliance and security to our CloudOps platform through the acquisition of CloudCheckr, we are enabling organisations to deploy infrastructure and business applications faster while reducing their capital and operational costs.

"This is a critical step forward in our FinOps strategy as well as an acceleration of our overall CloudOps leadership. Simply put, NetApp continues to empower customers to achieve more cloud at less cost."

CloudCheckr CEO Tim McKinnon says, “The combination of Spot by NetApp and CloudCheckr will create a suite of highly complementary and synergistic multi-cloud infrastructure management solutions for our customers and partners.

"The CloudCheckr team is thrilled to be joining NetApp, and to help advance the company's leadership in the FinOps space.”

NetApp is a cloud-led, data-centric software company that provides systems, software and cloud services that enable organisations to run applications from the data center to cloud, whether they're developing in the cloud, moving to the cloud, or creating their own cloudlike experiences on-premises.

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