At the start of 2020, over 560 of 750 (>70%) cloud decision-makers told Flexera they were shifting focus towards increasing cloud cost savings.
The pandemic forced enterprises to prioritize implementations at the expense of optimization and management concerns, with many enterprises making cloud cost optimization a new priority.
According to Gartner, organizations that lack appropriate cost optimization processes are overspending by about 40% on cloud. Many organizations struggling to curb their cloud costs wonder if they made the right decision to move to the cloud in the first place.
This lack of awareness and transparency around cost leads to all kinds of consequences, such as run-away spending and unpredictable cost spikes. Cloud Cost optimization is not limited to managing cloud spending alone. Join Sangfor experts to learn about the benefits of FinOps, and discover how to improves cloud visibility, performance, and aligns costs with value.