Company Recognized for its Commitment to Supporting Growing and Evolving FinOps Market
Kion Named an IDC Innovator for FinOps and Cloud Cost Transparency
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Kion, the leading automated CloudOps platform for multicloud, today announced it has been named as an IDC Innovator in the report: IDC Innovators: FinOps and Cloud Cost Transparency, 2025 (Doc number # US52809425, January 2025). According to the report, “Kion was chosen as an innovator in the marketplace because of its commitment to supporting the growing and evolving cloud market.” The report notes Kion’s key differentiators as; comprehensive cloud governance to help companies rapidly mature their FinOps teams, visibility and advanced automation and customer service.
“The adoption of FinOps in the past four years rivals nearly any IT trend over the past quarter century. Teams need effective tools to manage and mature a FinOps practice. Today, another hot trend, generative AI, is improving FinOps solutions rapidly so enterprises can maximize their cloud investments,” writes Jevin Jensen, Research Vice President, Intelligent Cloud Operations and Edge with FinOps at IDC.
IDC Innovator reports recognize providers that offer a new technology, a groundbreaking solution to an existing issue, and/or an innovative business model. The report shared about Kion, “Recognizing the transformative nature of cloud operations, Kion actively enhances its robust platform to meet these changing needs, such as the demand for GenAI implementation and its focus on cloud cost management driven by the rapid rise in the adoption of FinOps. Many solutions in the market specialize in only one aspect of cloud operations, such as financial management or identity and access management, forcing organizations to piece together solutions. Kion consolidates all necessary cloud governance and management tools into a single platform.”
“We are honored to be recognized as an IDC Innovator for FinOps and Cloud Cost Transparency. Our team has made significant investments over the last year further developing our FinOps capabilities across the Inform, Optimize and Operate phases of the FinOps Framework,” said Brian Price, CEO of Kion. “In today’s economic climate, cloud operations teams are integrating financial management into everything they do to reduce complexity and drive efficiencies. This is exactly why Kion was developed. The Kion platform seamlessly integrates FinOps with CloudOps to help customers improve cloud governance through policy and automation –resulting in fast return-on-investment for multicloud and AI initiatives.”
Price continued, “We agree with the IDC Innovator report’s assessment that proper cloud governance is essential to maturing an enterprise’s FinOps teams and processes. When done correctly, teams can quickly move from reactive financial optimization toward proactive enforcement that prevents wasted spend before it happens. This will ensure that companies can hold teams accountable and deliver on business results while maximizing the value of their cloud investments.”
Read the IDC Innovators: FinOps and Cloud Cost Transparency, 2025 report to discover why Kion was recognized for key differentiators such as:
- Focus on the Comprehensive Platform Solution to Mature FinOps Teams
- Visibility and Advanced Automation
- Customer Service
About IDC Innovators
An IDC Innovators report presents a set of vendors – under $100M in annual revenue at the time of selection – chosen by an IDC analyst within a specific market that offer a new technology, a groundbreaking solution to an existing issue, and/or an innovative business model. It is not an exhaustive evaluation or a comparative ranking of all companies, but rather a document that highlights innovative companies in a specific market segment. IDC INNOVATOR and IDC INNOVATORS are trademarks of International Data Group, Inc.
About Kion
Kion automates CloudOps with a single platform providing policy-based identity, FinOps, and compliance for multicloud infrastructure. Kion helps organizations achieve ‘governance by default’ through improved visibility, automation, guardrails, and guidance across multicloud environments. This helps enterprises reduce complexity, eliminate chaos, and minimize manual work so they can innovate faster with less risk. Wherever they are on their cloud journey, Kion empowers organizations to confidently provision accounts, maintain financial control, and ensure compliance with security regulations. Kion serves leading commercial, higher education, and government agencies including Indeed, Verizon, NASA, and the Centers for Disease Control and Prevention (CDC).
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