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While the popularity of doing business in the cloud keeps growing, unfortunately, so does the cost. In fact, according to Gartner research, in 2022, more than $1.3 trillion in enterprise IT spending is at stake from the shift to cloud.
IT, developers and finance teams must align on cloud strategies and expenses to better manage cloud spend and maximize the return on a cloud database investment. Without a strategy dedicated specifically to optimizing spend, you won’t be able to achieve the performance your teams demand at the price your executive’s desire.
Read on to discover the benefits of FinOps, what’s needed to develop an effective FinOps strategy and how to assess the success of your investment.