About this episode
Like many seasoned finance executives, Damon Fletcher saw Snowflake as a game-changer in cloud-based data management. While a senior finance executive at Tableau , he championed its adoption, recognizing its ability to scale analytics and streamline enterprise data operations . But he also discovered a challenge familiar to many finance leaders—the hidden costs that come with cloud consumption-based pricing . At Tableau, Fletcher tells us, the company’s Snowflake costs grew exponentially , mirroring a broader trend in tech where companies struggle to control cloud spend. This realization led Fletcher beyond the CFO office. In 2023, he co-founded Caliper , a company dedicated to bringing greater cost transparency and AI-powered efficiency to cloud spending . Fletcher tells us that AI is central to Caliper’s approach . The platform leverages machine learning forecasting to predict cloud usage trends and generative AI to surface actionable cost-saving recommendations. Unlike traditional cloud cost tools, Caliper provides deep insights across Snowflake, AWS, and Datadog , allowing finance and DevOps teams to pinpoint inefficiencies in real time.