Flexera’s State of the Cloud Survey Finds Slow Adoption of Cloud Cost Management Strategies

The latest analysis coming out of Flexera’s State of the Cloud report, based on the experiences of 750 executives, finds that while a great deal of money is being spent in the cloud, accounting where it all goes can still be somewhat of a mystery. Most companies spend more than a million dollars a year on cloud services, yet they struggle to handle their growing cloud spend. On average, survey respondents estimate 30% of cloud spend is wasted.