Omdia, a renowned analyst firm focused on the technology industry, has covered CAST AI in its newest On the Radar report. The publication focuses on bringing visibility and optimization to the cloud and cloud-native environments.
Omdia’s On the Radar series features vendors bringing innovative products and business models. The analyst highlights the most disruptive ideas and emerging strategies, aiming to equip CIOs with the insights they need to improve processes and save costs.
CAST AI appears in the context of container management, which is on the rise as businesses are increasingly investing in container-based applications. According to Omdia’s Software Market Forecasts: Infrastructure, 2020–25, by 2025, the segment’s CAGR will grow by 25%.
With container architecture growing in popularity, the analyst states that CIOs still miss the tools that would assist them in making optimum use of their infrastructure. That’s where startups like CAST AI are stepping in with solutions helping companies to stop paying for the resources they don’t need. According to Omdia, thanks to adopting this approach businesses can thrive in cloud-native environments.
The challenge for many CIOs is that the optimization of the environment is not a one-off exercise and must be delivered as a continuous process. CIOs need the correct tools to help ensure that the organization is making optimum use of the resources and is not wasting money paying for resources that are not being used. I believe that solutions like CAST AI represent the sort of approach organizations need to adopt.
Roy Illsley, Chief Analyst at Omdia.
Optimizing cloud environments requires something more than just trying to refashion existing tools. CAST AI offers a new way of thinking about the cloud and uses automation to respond to new issues. It’s encouraging to see that Omdia’s report validates our ideas and demonstrates that our platform delivers a continuous, optimized environment automatically
Laurent Gil, Co-Founder and Chief Product Officer of CAST AI