Confluent Cloud is a fully managed data streaming platform that offers significant cost savings by leveraging multi-tenancy, serverless abstractions, and elasticity to improve resource utilization and reduce infrastructure costs. By abstracting users from sizing, provisioning, and capacity planning, Confluent Cloud enables customers to dynamically scale their throughput up and down on-demand, reducing overprovisioning of Kafka clusters that end up being idle a significant portion of the time. The platform achieves efficient resource utilization by up to 3x compared to self-managing on your own, while reducing complexity for customers to manage and scale their clusters. Confluent Cloud also optimizes network utilization and efficiency through economies of scale, optimized network routing, and elasticity, resulting in lower costs for customers while maintaining best-in-class reliability. Additionally, the platform provides a fully managed and serverless experience across the entire stack, removing the burden of operating the underlying Kafka infrastructure and enabling customers to focus on building great streaming applications rather than managing the underlying infrastructure.