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Cloud Benefits: Diminished or Eliminated Without Governance

In the ‘race to the cloud’, many organizations are not realizing the promised cost benefits of moving to their infrastructure to the cloud. In fact, many are finding that they are spending far more than they anticipated. While Organizations should save 15% or more by moving to the cloud infrastructure, a 2020 report[1] shows that realizing these savings is not straightforward: 80% of organizations will overshoot their cloud infrastructure as a service (IaaS) budgets, due to a lack of cost optimization approaches. 45% of organizations that perform lift-and-shift to cloud Infrastructure, without optimization analysis, will overprovision up to ...

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