54% of Organizations in UK and Ireland Lack Cloud Cost Visibility
Briefly

A survey of over 1,000 IT decision-makers in the UK and Ireland revealed that 54% lack complete visibility into cloud spends, hindering accurate ROI assessments. It was found that only 33% of cloud projects meet all goals. Legacy infrastructure poses significant challenges, with 71% citing outdated technology as a hindrance. While 70% believe cloud migration could lower costs, 46% indicate management's lack of priority on migration as a barrier. Additionally, 82% of organizations view the cloud as fostering a more agile culture, and 98% are contemplating cloud transitions.
Organizations are making substantial cloud investments, but without proper cost visibility and optimization, they're essentially flying blind.
71% report that outdated technology is holding the organization back, and among those depending on legacy systems, 70% think cloud migration would reduce costs.
54% do not have complete visibility into cloud spends. This lack of visibility makes accurate return on investment (ROI) measurements impossible.
82% of organizations believe moving to cloud establishes a more agile culture, and 98% are considering movements to the cloud.
Read at Securitymagazine
[
|
]