Eldar Tuvey - Founder + CEO of Vertice - Cutting Cloud Costs

Episode notes

Our Guest: Eldar Tuvey , CEO and Founder of Vertice , an automated SaaS purchasing platform that simplifies buying, renewals, and management of software applications, helping businesses streamline their procurement and save on SaaS spend. They recently launched a Cloud Cost Optimization platform , a new product built for finance leaders to optimize their AWS spend. Episode Topics: Eldar’s earlier experiences as an operator buying + renewing software that led to the launch of Vertice. Profile of Vertice's ideal customer profile (ICP) in terms of software spend, number of customers, and employees. How do software vendors view “working against” SaaS purchasing platforms like Vertice? What inning of the cloud cost optimization game are we in? The potential impact of Vertice on reducing wasted cloud spend - a recent Vertice report showed organizations "wasting as much as a third (32%) of their cloud budget." Understanding how cloud cost optimization is achieved - “ 50% to 55% of savings come through financial elements (like EDPs and Reserved Instances) and 45 to 50 from engineering, different scaling, processing, etc.” The time to value for cloud cost optimization.