Cloud intelligence leader DoiT has officially acquired SELECT, a specialized data optimization platform. This move marks a significant milestone in DoiT’s $250 million AI investment strategy, joining recent acquisitions like LiveDiagrams and CloudWize to create a unified front for Enterprise CloudOps.
Why This Matters: The FinOps Gap
While infrastructure costs are often monitored, data platforms like Snowflake have become notorious for opaque billing. Enterprises frequently struggle with:
- Fluctuating Warehouse Usage: Costs that spike without clear attribution.
- Inefficient Queries: Expensive “ghost” processes that drain budgets.
- Opaque Billing: A lack of granular visibility into which teams are driving data spend.
By integrating SELECT into the DoiT Cloud Intelligence™ platform (under the brand PerfectScale™ for Snowflake), DoiT is extending automated FinOps into the data layer allowing companies to cut waste without sacrificing performance.
Also Read: Bentley Systems Expands Asset Analytics Leadership with Strategic Acquisitions of Talon Aerolytics and Pointivo Technology
Leadership Perspectives
“Data platforms have become a financial black box,” says Vadim Solovey, CEO of DoiT. “With SELECT, we are applying an automation-first approach to data platforms, giving customers consistent governance across their entire cloud estate.”
Ian Whitestone, CEO of SELECT, noted that the mission is to eliminate waste without adding to the engineering workload. “Joining DoiT allows us to scale globally while accelerating our roadmap to support environments like Databricks.”
What Changes for Customers?
- Current SELECT Users: Expect a seamless transition. Contracts, pricing, and support channels remain unchanged.
- DoiT Enterprise Customers: You gain immediate access to PerfectScale for Snowflake, which utilizes AI-assisted recommendations to analyze telemetry and execute high-impact optimization actions automatically.
The Bottom Line: As data volumes explode, manual cost management is no longer viable. This acquisition positions DoiT as the primary control plane for organizations looking to harmonize AI-driven performance with fiscal responsibility.