Ternary announced several new features and capabilities today. It is always exciting to publicly announce new products, and all of us at Ternary are looking forward to seeing the uptake of what we’ve built in the wild. If you are interested, here is the link to the press release.
The sum of what we've built as a product is based on what our customers have told us they need to be effective at their jobs. This past year we've realized that while our product features address the specific needs of cloud engineers or finance teams, customers are succeeding at the intersection of finance and engineering. It reminds me of what I experienced working with DevOps teams in previous roles.
Like DevOps, we see a similar pattern today with FinOps for cloud spend management.
Ternary has been working with financial services and technology enterprises to better manage hundreds of millions to billions of dollars in multi-cloud spending. These customers have made Ternary better for all Ternary customers, pushing for features that bridge finance and cloud engineering as well as scalability and performance improvements. We believe the best practices, cultural advances, features and capabilities we build and deliver for these enterprises will soon define the future of every enterprise.
Ternary is being used across Finance and Engineering as a multi-cloud spend sub-ledger, providing every team with a single source of truth and the features each team needs to do their job. What each team does with Ternary differs by company. It could mean understanding unit costs by calculating the cost-to-serve for finance teams, comparing prices between AWS and GCP for procurement, or cloud engineers acting on AI-powered optimization recommendations for RDS instances. Whatever your specific job is, if you're reading this note, you should know it is a great time to be a FinOps professional!
If you want to learn more about Ternary and how our customers are taming cloud spending using our platform, please check out the rest of our website or consider booking a demo with us.