Effectively manage cloud spend with compliance and management.
In this white paper, we look at the implications of the cloud operating model, and describe its benefits for minimizing cloud waste and effectively managing cloud spend. This is part of a series of white papers on infrastructure as code (IaC) for provisioning and reuse, and then using IaC for standardization for compliance and management.
As organizations move to the cloud, we found that of the more than 3,200 people we surveyed in our 2021 HashiCorp State of Cloud Strategy Survey, 39% of respondents said their organization overspent their cloud budgets. Experts have cited anywhere from 20%-35% of many organizations’ cloud spend is wasted. This is a huge problem as cloud efficiency and cost are top of mind for every person who looks at their cloud provider bills.
This white paper will explore the causes of cloud waste and solutions to minimize it. But first we need to understand the cloud operating model and the cloud drivers that have led to these inefficiencies.