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Summary: This is a summary of an article originally published by The New Stack. Read the full original article here →
Cloud waste is proving to be a major obstacle for technical and business decision-makers. In 2020, companies will waste over $17 billion in cloud spend on idle and excess resources, according to DevOps.com. Many organizations are finding that as much as 40% of their cloud spend is sunken into over-provisioned and unused infrastructure.
These three sources of cloud waste are easy to understand, which begs the question: why do organizations fail to reduce cloud waste? Cloud waste is a major trend in conversations and at the front of most IT leaders’ minds.
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