How did Synopsys manage to boost its operating profit in Q4 2024 despite rising expenses?

Synopsys was able to boost its operating profit in Q4 2024 despite rising expenses through effective cost management and strategic cloud infrastructure optimization:

1. **Enhanced Cloud Visibility and Cost Control**: Synopsys utilized the Cost Anomaly feature in Harness Cloud Cost Management to identify and address cost spikes in their cloud infrastructure. This allowed them to gain better visibility into cloud resource utilization and optimize their cloud spend, which in turn helped in controlling the overall expenses.
2. **Strategic Mergers and Acquisitions**: Synopsys has been expanding its product lines through strategic mergers and acquisitions. To manage the increased cloud expenses resulting from this growth, the company implemented a centralized cloud cost management strategy. This involved standardizing cloud infrastructure and cost reporting across the organization, which helped in reducing the overall cloud spend.

By implementing these strategies, Synopsys was able to optimize its cloud consumption and manage its expenses effectively, thereby boosting its operating profit in Q4 2024.