ProsperOps Stock (PROO)

ProsperOps is building the robo-advisor for cloud computing. Current cost optimization tooling is recommendation based which places the operational burden on already busy DevOps and FinOps teams. This leads to lag, is error prone, and fundamentally limits what is possible to that which a human can reasonably execute. Cloud cost optimization is best handled by AI, optimization algorithms, and real-time execution engines. Like robo-advisors in the financial investing space, ProsperOps enables customers to answer a few high level questions about their cloud use after which technology takes over to handle ongoing, day-to-day cost optimization activities. This generates superior savings outcomes (on average, customers increase savings by 68%), reduces risk, and gives customers time back. Welcome to the world of Autonomous Cloud Savings. The company was founded in 2018 and is based in Austin, Texas.