Cloud cost management—the problem is bigger than you think
Most organizations are hemorrhaging money on cloud resources they don’t need. Corporations waste over $200 billion annually on unused or idle cloud resources. For 2025, enterprise cloud infrastructure waste alone is projected to reach $44.5 billion, driven by mismanaged, over-provisioned, or idle resources. And the problem isn’t getting better: 52% of engineering leaders say the disconnect between FinOps and engineering teams is actively contributing to wasted cloud spend. FinOps in Focus 2025
The data gap makes it worse. Fewer than half of organizations have access to real-time data on idle cloud resources (43%), unused or orphaned resources (39%), or over/under-provisioned workloads (33%). Most companies know they have a problem. Few have the visibility to do anything about it. FinOps in Focus 2025
Why doesn’t FinOps reduce cloud costs?
Many organizations have turned to FinOpsas the logical answer to cloud cost management, only to find the results fall short of...
Copyright of this story solely belongs to opentext.com. To see the full text click HERE