Yesterday, at the Boston Cloud Services Meetup at the Cambridge IBM Innovation Center, Amalgam Insights (AI) attended a Cloudyn-based event on “Overcoming the Challenges of Multi-Cloud Financial Management.” This presentation was headed by Account Executive Marcus Benson and focused on the challenges that Fortune 500 companies and managed service providers have in managing both complex single-vendor and multi-vendor cloud infrastructure environments.

Cloudyn is a cloud business and financial management solution founded in 2011 and set up as both a multi-tenant and multi-cloud solution running on AWS, Microsoft Azure and Google Cloud. Cloudyn supports a single pane of glass view for consolidated management and a real-time and continuous support of cost optimization for multiple vendors including Amazon Web Services, Microsoft Azure, Google Cloud, OpenStack, and Docker. Cloudyn has raised over $20 million in venture capital and seed funding and currently targets large enterprises, managed service providers, and companies with over 1 million dollars in annual cloud spend.
Continue reading AI Vendor Profile: Cloudyn, Cloud Cost Management

Accounting has often been called the language of business and it is invaluable in managing the day-to-day financial costs, inputs, outputs, and outcomes associated with business activity. However, as companies start to understand the impact that non-financial drivers ranging from manufacturing outputs to headcount to service transactions to asset utilization rates affect the health of the business, executives have had to broaden the scope of considerations needed to track the health of the company.

As they have done so, businesses have had to shift even their financial departments to focus not just on dollars and cents, but to production units, employees, transactions, uptime, turnover, and loyalty. In doing so, the language of business has started to shift from accounting to a new paradigm of data.

Today, data is the language of business.
Continue reading Data is the Language of Business: Looker raises an $81M Series D

On Friday, March 31st, Cloudera filed its S-1 with intention to IPO. The timing looks good considering the recent successful IPOs of Alteryx, Mulesoft, and Snap. But how does Cloudera actually match up with other tech companies in terms of being successful in the short and medium term?

Cloudera’s S-1 filing starts by describing the near-term growth potential of the Internet of Things and IDC’s estimate of 30 billion internet-connected mobile devices in 2020. Every analyst and consulting firm has some idea of whether this is going to be 20 billion, 30 billion, or 40 billion, but the most important aspects of this growth are that:
Continue reading With Cloudera’s S-1, Hadoop and Big Data Finally Come of Age