Cloud migration creates complexities for resource management in businesses, particularly when using multi-cloud (several public clouds) and hybrid cloud (a mix of private and public clouds) environments. These complexities can range from operational issues (automating workloads, forecasting cloud resources usage, and aligning capacity with workloads) to cost optimization challenges (visibility and insights on cloud costs and optimizing the use of reserved instances).
These dynamics have created a market for third-party companies that help enterprise users identify and navigate the complexities of scaling their cloud presence. These platforms look to optimize factors like cost, operations, security, and compliance.
Note: Currently, we do not actively cover this industry, but we have identified it as a potential industry to add to our coverage.
HashiCorp is an open-source software company based in San Francisco, California. HashiCorp provides open source tools and commercial products that enable developers, operators, and security professionals to provide secure and run distributed application infrastructure. It was founded in 2012 by Mitchell Hashimoto and Armon Dadgar. HashiCorp offers both open source and paid commercial products.
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