A recent survey of 700 engineering leaders and developers from the U.S. and UK reveals that most lack access to real-time insights into cloud resources. Notably, 55% of developers make purchasing decisions based on guesswork. There is a significant disconnect between application teams and FinOps, accounting for an estimated $44.5 billion in waste. Developers express a desire for more control over cloud costs, and many organizations take over 30 days to eliminate waste. The integration of AI into DevOps practices is seen as a potential solution for optimizing cloud spending.
Less than half of engineering leaders and developers have real-time insights into cloud resources, leading to wasted spending estimated at $44.5 billion.
Over half of application developers base purchasing decisions on guesswork, emphasizing the need for better management of cloud costs and resources.
There is significant disconnect between application development teams and FinOps functions, leading to inefficiencies in cloud resource management and financial oversight.
Embedding cost metrics into DevOps workflows can dramatically reduce the time needed to identify cloud waste, supported by the promising role of AI in optimization.
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