Aptum, a provider of managed services and advisory and consulting services, this week released part two of its annual Cloud Impact Study 2023 – Maximizing Value: Controlling Costs and Optimizing Cloud Spend.
According to the study, 71 per cent of IT professionals surveyed stated that cloud-related costs make up 30 per cent or more of their total IT spend.
The study involved 400 senior IT professionals from organizations with 250+ employees across the U.S., Canada, and the U.K. It explores the trends in cloud cost management and how these trends have evolved over time.
“Many organizations believe they are excelling in the cloud, but in reality, like flying in a cloud, they have to rely on instrumentation, which is usually inadequate to begin with, and piloting experience, which takes time to develop,” said Aptum president and chief executive officer (CEO) Ian Rae.
“It isn’t the cloud that is costly, but the lack of observability and governance which hinder management and lead to cost overruns. This shortfall significantly hampers the ability to unlock the cloud’s potential for enhancing operational efficiency while controlling costs.”
The report can be downloaded here: https://aptum.com/cloud-hub/2023-cis-part-2/.