Archera is a company focused on optimizing cloud resource management and reducing costs for businesses using platforms like AWS, Microsoft Azure, and Google Cloud. Founded by Nikhil Khanna and his brother Aran, the company emerged from Nikhil's experiences with high cloud expenses during his work in machine learning and financial data analysis. Archera offers solutions such as insurance-backed commitments, advanced reporting, and automated cloud assessments to help businesses manage multicloud rates and maximize savings. The platform leverages machine learning and financial forecasting to address the uncertainties of cloud expenditures, providing clients with detailed payment plans and forecasts for future spending. By integrating with typical workflows, Archera aims to make cloud usage predictions more accurate and actionable, ultimately facilitating frictionless innovation for its clients.