Press release

CAST AI Featured in Futuriom 40 Top Cloud Trends and Private Companies

February 9, 2022

Futuriom, an independent cloud technology analysis firm, named the strongest trends and companies driving the cloud market in 2022. Its new report featured CAST AI, a Kubernetes automation and optimization startup, as one of the strongest players in distributed cloud infrastructure. CAST AI’s platform was acknowledged for its potential to use AI to deliver cloud cost savings, DevOps automation, and disaster prevention. 

Released for the second year in a row, Futuriom 40 Top Cloud Trends and Private Companies draws on extensive research involving end-user and vendor interviews and survey work. The report highlights forty venture-backed cloud, networking, and cybersecurity startups. According to the analyst, all listed companies have already raised $13.3 billion and have IPO potential over the next few years. 

CAST AI appears in the Distributed Cloud Infrastructure theme alongside other players innovating cloud networking and distributed data workload automation. This field is quintessential as traditional enterprise networking architectures prove insufficient for connecting to multiple cloud applications and platforms.

According to Futuriom, “CAST AI has the right product at the right time, as organizations begin to weigh the cost of the public cloud and look for ways to optimize their cloud spending budgets.” 

Apart from the most noteworthy private companies, the report discusses macro trends driving the investment in cloud technology. These themes include distributed cloud infrastructure, unified cloud, and cloud data management.

Cloud infrastructure technology continuously brings disruptions enabling users to achieve goals that were once unimaginable. From day one, we envisioned CAST AI to be a part of this change and power even more innovations. Becoming one of Futuriom’s 40 top cloud companies proves that this direction was right”, commented CAST AI’s Chief Product Officer Laurent Gil.  

About CAST AI:

CAST AI is a cloud optimization platform that cuts cloud bills in half for AWS, GCP, and Azure customers. Powered by AI, it analyzes multiple data points to find an optimal cost-performance ratio. The platform delivers a cost-efficient, high-performing, and resilient infrastructure for all types of Kubernetes workloads. Headquartered in Miami, US, CAST AI has a European branch in Vilnius, Lithuania.

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Recognised by the world’s greatest brands

The premise behind CAST AI is there is huge potential to reduce public cloud costs by using tools that can analyze cloud spending and suggest ways to optimize the cost, including finding cutting-edge cloud processing instances that may be offered below market rates.

CAST AI takes advantage of cloud-native technologies, containerization and Kubernetes to break the proprietary barriers that exist between clouds

The good thing about using AI in cloud automation is that it can make decisions based on somewhat correlated variables with a limited amount of information.

Cloud automation solutions reduce or eliminate all the manual effort your team invests into configuring virtual machines, creating VM clusters, setting up virtual networks and more.