Managing spending is the biggest cloud challenge

For the second year running managing cloud spending is the top challenge facing organizations, according to the latest Flexera State of the Cloud Report. The survey of over 750 respondents shows more than a quarter of them spend over $12 million a year on cloud (29 percent), and 22 percent spend that much on SaaS. There's been a slight increase in multi-cloud usage, up from 87 percent last year to 89 percent this year. 61 percent of large enterprises use multi-cloud security, and 57 percent use multi-cloud FinOps (cost optimization) tools. The top two multi-cloud implementations are, apps siloed on… [Continue Reading]