5 Tactical Ways To Align Engineering And Finance On Cloud Spend
Finance and engineering both thrive on efficiency. So when companies realize they’re wasting cloud spend, but aren’t sure where or how, both teams become frustrated. It’s remarkable how common this scenario is, particularly in the past five years. Before the pandemic, Gartner reported companies wasted over $14 billion in 2019 on cloud services. During the height of the pandemic and cloud adoption spurt in 2020, IDG reported that 70% of US businesses overspent by as much as 62%.