Draft:FinOps

New Survey Reveals One Third of Businesses are Exceeding Their Cloud Budgets by as Much as 40 Percent

Retrieved on: 
Wednesday, January 27, 2021

The survey was conducted to better understand how organizations run their big data applications and workloads in the cloud.

Key Points: 
  • The survey was conducted to better understand how organizations run their big data applications and workloads in the cloud.
  • This is because IT often lacks sufficient visibility into cloud performance and does not have the tools to optimize applications.
  • A majority of respondents said the desire to "better optimize current cloud resources" was their highest priority big data cloud initiative.
  • Key findings surrounding cloud optimization were:
    Top big data cloud initiatives included better optimizing current cloud resources and continuing to migrate workloads into the cloud.