Category: Technology

Businesses waste 32% of their Cloud investment yearly. FinOps can plug the leak and raise the ROI. Here’s how.

A recent survey found that a significant portion of Cloud investment goes to waste. While the respondents admitted to their investments rising by 4% in 2023, wastage shot up 2% compared to the 2022 figure of 30%. That’s nearly one-third of their investments! And to top that, almost all respondents reported they were overshooting their budget by at least 13%.

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