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Bizjie News: On Wednesday, Piper Sandler told clients that five infrastructure software companies are working to address the issue most commonly complained about by chief information officers—the cost of running AI agents at scale far exceeds budget. Analyst Rob Owens said that customer data stored by these companies can reduce the number of tokens AI agents need to process, thereby lowering operating costs. The report cited the main beneficiaries as Elastic (ESTC), GitLab (GTLB), MongoDB (MDB), Snowflake (SNOW), and Atlassian (TEAM). Owens also said that early deployments showed that when clean organizational data is provided directly to the agents, token usage drops by 50% to 75%.