When optimizing your cloud hyperscaler expenses, there’s a massive difference between workload optimization and rate optimization. We put tons of effort into the performance of our workloads to control usage, but far less attention is paid to how much we pay for that usage.
And we’re not talking about the size we buy — we’re talking about the minor incremental changes that can be accomplished algorithmically throughout the day to ensure that you are paying less for the usage that your workload generates.
In this episode of The Bridgecast, Scott interviews Chris Cochran, co-founder and CEO of ProsperOps. the tech scene in Austin, the importance of automation in cloud optimization, and the value of rate optimization in reducing cloud costs. Chris shares his experience starting the company and offers advice for entrepreneurs. We also talk about AI's potential and future in cloud optimization.
ProsperOps’ is a hands-free AWS cost optimization platform offering customers a solution to automatically reduce their AWS cloud costs with zero ongoing effort. Their mission is to remove complexity and deliver savings outcomes so every business can prosper in the cloud.
Topics covered in this episode on information security and risk management:
- How automation and algorithms can solve cloud optimization problems that humans can’t, leading to cost savings and improved performance.
- Why rate optimization, focusing on reducing cloud costs, is an important aspect of cloud optimization.
- Why starting a company requires finding the right partners and having a clear vision.
- How the potential of AI in solving specific problems is still being explored.
- Why In a hypothetical world-ending scenario, X would be the app of choice for entertainment and information.
ABOUT CHRIS COCHRAN
Chris co-founded ProsperOps with two former colleagues from Rackspace and serves as CEO. Our FinOps automation platform delivers a simple, fully autonomous cost optimization service for the Amazon Web Services (AWS) and Google Cloud.
Previously, Chris served as CEO of Chargify, a recurring billing and subscription management SaaS. In eighteen months, the company doubled revenue, headcount, and changed every element of strategy, culture, product, and business model to reposition into the top tier of providers.
Prior to Chargify, Chris was a Senior Vice President & General Manager at Rackspace during its growth from $500 million to $2 billion in revenue. During his tenure, Chris co-founded and/or led multiple business units (Fanatical Support for AWS, Enterprise, Managed Colocation, DataStores, Private Cloud) and corporate strategy during the shift to managed cloud.
Prior to Rackspace, Chris held strategy and operations roles with Electronic Data Systems and was a management consultant with Ernst & Young. Chris earned a Bachelor’s degree in Industrial Engineering from Texas A&M University and a MBA from the University of Texas at Austin.
CONTACT CHRIS
Web. http://www.prosperops.com
LinkedIn. https://www.linkedin.com/company/prosperops/
Insta. https://www.instagram.com/prosperops/