New Flexera Report Finds that 84% of Organizations Struggle to Manage Cloud Spend

Quick Summary:

To stay on budget and accurately forecast for future needs, organizations need to fine-tune how to track and manage their cloud spend and use with FinOps now—or risk a significantly wasted investment.” While estimated wasted cloud spend is falling, the adoption of AI-related public cloud services is rising.

The 14th annual State of the Cloud reveals evolving strategies for managing cloud costs and efficiencyITASCA, Ill., March 19, 2025 (GLOBE NEWSWIRE) -- Flexera, the global leader in technology spend and risk management, today announced the release of its 2025 State of the Cloud Report.

In addition to an increase in the use of data warehouse services (76%), often leveraged to feed AI models, generative AI (GenAI) public cloud services use is booming with 72% of organizations reportedly using the technology either extensively or sparingly, as compared to 47% in 2024.

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Article Details

Author / Journalist: Flexera Software

Category: Technology

Markets: China

Topics: Flexera Management Cloud Report Wasted Technology Organizations Spend Services 2025 Finops

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 11:30:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 511 words

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News ID: 27172075

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