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2 clusters · 2 sources · 22 days · First seen · Last updated

Enterprise cloud cost management and FinOps adoption

Overview

Enterprises are increasingly addressing rising cloud expenditures through the adoption of FinOps disciplines and specialized cost-intelligence tools. Reports indicate significant budget waste, with some organizations losing between 29% and 35% of their cloud budgets to inefficiency. While some established platforms like IBM’s Cloudability have faced criticism for high pricing and complex interfaces, newer alternatives such as CloudZero are being utilized to link technical decisions to business outcomes.

A primary driver of these costs is ‘Cloud Sprawl,’ particularly within non-production environments like development, testing, and staging. In the B2B sector, technology leaders are finding that uncontrolled growth of virtual machines and databases—often due to a failure to decommission assets after use—contributes to over 30% of wasted public cloud spending.

Entities

Waterdrop · Gartner · Flexera · IBM · Martin Murray

Timeline

  1. 23 days ago

    [BUSINESS] 2 sources
    Cloud budget management: Non-production environments drive up AWS costs

    B2B tech leaders face rising AWS costs due to 'Cloud Sprawl,' where unmanaged development and testing environments lead to significant budget waste.

  2. about 1 month ago

    [BUSINESS] 6 sources
    Businesses Turn to FinOps and New Cloud Cost Tools Amid Rising Cloud Spend

    IBM’s Cloudability faces criticism; alternatives like CloudZero gain attention as FinOps practices help businesses cut wasteful cloud spending.

Sources

programistamag.pl · wiadomoscihandlowe.pl