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Why 60% of Cloud Spending Is Wasted ? - The Brilliant Basics of Cloud FinOps
Over the years, I’ve noticed a peculiar pattern in cloud adoption and FinOps maturity across organizations. Whether you’re just beginning your cloud journey or proudly flaunting a “mature” cloud practice, you’re likely missing some of the brilliant basics.
Don’t just take my word for it — consider this: Gartner predicts that by 2026, 60% of cloud costs will be wasted due to poor management (Source: Gartner, 2022). That’s right, over half of what you’re paying for the cloud could be money down the drain.
Let’s face it: no one intentionally ignores the fundamentals. It’s just that these essentials often seem too small to prioritize — or they get buried under big, shiny projects. But make no mistake: these basics are the backbone of effective cloud FinOps. And ignoring them? Well, let’s just say it’s like trying to build a skyscraper on sand.
Why Are These Basics Overlooked?
Let’s get real: it’s not that organizations don’t care about costs. It’s just that priorities, human nature, and organizational inertia often get in the way.
“We’re Too Busy”:
Teams are under pressure to ship features and meet deadlines. Cost optimization? That’s tomorrow’s problem (until it isn’t).
“It’s Too Complex”:
Tagging and automation might sound complicated, but they’re not. Explaining to your CFO why you overspent, on the other hand? That’s hard.
“We’ll Do It Later”:
The universal excuse. Except later comes with a hefty invoice attached.
Lets take closer look at The Brilliant Basics of Cloud FinOps That Everyone Misses (Yes, Even the Big Players)
1- Starting Out in the Cloud? You’re Probably Burning Money Already
When organizations are new to the cloud, everything feels exciting. There’s so much promise, so much agility, so many things to deploy! But somewhere along the way, cost management becomes an afterthought.
By the time the first eye-watering bill arrives, the CFO is asking questions no one has answers to. Here are the…
