Asset Manager

Updated:

Cloudability

Cloudability, now part of Apptio, provides cloud cost management software for finops across AWS, Azure, and Google Cloud.

Cloudability

Cloudability was founded and is now part of Apptio, a company headquartered in Portland, Oregon. The firm built a cloud cost management platform that helps organizations track, analyze, and optimize spending on public cloud services. Strategy centers on providing software that integrates with major cloud providers—AWS, Azure, and Google Cloud—to deliver real-time cost allocation, anomaly detection, and rightsizing recommendations. The platform enables customers to enforce budgets, generate chargeback reports, and automate savings actions. Named portfolio companies include Apptio itself as the parent entity. Geographic footprint covers North America and Europe, with customers across financial services, technology, and retail sectors. The unit currently operates as a business line within Apptio, with no publicly disclosed standalone AUM, team size, or additional offices. In 2023, Apptio was acquired by Vista Equity Partners for an undisclosed sum (per Vista Equity Partners, 2023). Cloudability contributes to Apptio's broader portfolio of enterprise technology solutions. Cloudability's structural differentiator is its specialized focus on finops—financial operations for cloud—a niche it helped define. By embedding directly into the cloud ecosystems of AWS, Azure, and Google Cloud, the platform offers native integrations that competitors often lack.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Portland

Corporate office

Portland, OR, United States

Sector focus

Enterprise SoftwareCloud Infrastructure

Frequently asked questions

Who owns Cloudability now?

Cloudability operates as part of Apptio, which was acquired by Vista Equity Partners in 2023 (per Vista Equity Partners, 2023). Apptio was previously owned by IBM after its acquisition in 2018.

What services does Cloudability offer?

Cloudability offers a cloud cost management platform that provides visibility into multi-cloud environments. It enables cost allocation, anomaly detection, rightsizing, budgeting, and chargeback for AWS, Azure, and Google Cloud.

How does Cloudability differentiate from other finops tools?

Cloudability integrates natively with AWS, Azure, and Google Cloud, offering deep API-level data collection without agent deployment. Its focus on finops—financial operations for cloud—is a specialized niche that predates many broader cloud management platforms.

What industries use Cloudability?

Customers span financial services, technology, and retail sectors, primarily in North America and Europe. The platform is designed for enterprises with significant multi-cloud spending.

Does Cloudability manage any assets directly?

No. Cloudability is a software platform for cloud cost management, not an investment or asset management firm. It does not manage or deploy capital.

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