When enterprises moved to the cloud, they put infrastructure provisioning in the hands of engineering teams.
But in many cases, enterprises didn’t incentivize these teams to control costs, nor did they enable a framework to show how cloud spending was allocated. Costs often spiraled out of control and couldn’t be linked back to business value or continually optimized.
Going forward, technology and business leaders must implement effective FinOps programs in order to obtain full value from the cloud for their enterprises.