CAST AI recognized as one of the 2022 Distinguished Vendors in Cloud Cost Management

Amalgam Insights, a leading analyst firm based in San Francisco, identified CAST AI as one of the 10 Distinguished Vendors in Cloud Cost Management.

In their recent report, Amalgam Insights analyzed software solutions that identify, track, and optimize Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) spend. As emphasized in their press release, the publication comes at a critical time for enterprises and small and medium businesses: in the face of inflation rates reaching double-digits, supply chain constraints, and recessionary pressures, companies face immediate demands to optimize all operational costs.

After analyzing CAST AI’s offering, roadmap, and results confirmed by reference customers, Amalgam Insights included the company in their list of “10 Distinguished Vendors in Cloud Cost Management.”

“Finance executives have grown more aware about looking into, and trying to track, cloud computing expenses in the face of a looming stagflationary recession. Yet, organizations can – and, frankly, must – take steps to overcome these circumstances. And with global recession fears mounting, the impetus to do so comes as more pressing than ever,” commented Kelly Teal, Senior Research Analyst at Amalgam Insights.

“Combining AI and automation, CAST AI helps to reduce cloud waste and bring tangible savings almost instantly. Amalgam Insights confirms the validity of our idea, and we’re happy to have been recognized as one of the top vendors in cloud cost management,” commented Laurent Gil, CAST AI Chief Product Officer.

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