A third of cloud computing spend goes to waste

A third of cloud computing spend goes to waste

2 years ago
Anonymous $jukOC22bR_

https://techmonitor.ai/technology/cloud/cloud-spending-wasted-oracle-computing-aws-azure

A third of cloud computing investments are being wasted, according to new survey of over 750 businesses. The survey, conducted by software vendor Flexera, shows that companies using cloud are struggling to make deployments work efficiently. Better management of resources could hinge on establishing multi-disciplinary teams to make decisions around cloud workloads.

The Flexera report polled 753 business and tech leaders from around the world about their organisation’s cloud usage. Cloud adoption is still growing, the survey shows, with the proportion of respondents describing their organisation’s cloud use as “heavy” at 63% in 2022, up from 59% the year before.