Azul

38% of CFOs prioritize maximizing profitable growth from cloud investments in the next 12 months.

52% of CFOs prioritize improving cash flow and working capital efficiency.

45% of CFOs say the primary financial benefit of cloud cost optimization is increased budget flexibility to fund innovation.

The average estimated cloud waste sits at nearly a quarter of total spend, equal to 23% of cloud expenditure.

37% of CFOs cite higher utilization of existing infrastructure as a financial benefit of cloud cost optimization.

24% of organizations pursue re-platforming or application modernization initiatives to manage cloud costs.

9% of U.S. CFOs and senior finance leaders say their cloud spend is staying flat.

34% of CFOs prioritize compliance and governance as a top cloud-related priority for the next 12 months.

16% of organizations already use Java runtime optimization or JVM tuning.

43% of CFOs prioritize improving performance and uptime as a top cloud-related priority for the next 12 months.

42% of CFOs identify improved margins and profitability as a top financial benefit of cloud cost optimization.

39% of CFOs report stronger alignment between IT spend and business outcomes as a main benefit of cloud cost optimization.

One-third of U.S. CFOs and senior finance leaders describe their cloud spending increase as "significant."

29% of organizations use workload or infrastructure optimization vendors to manage cloud costs.

39% of CFOs cite better forecasting and budgeting as a top financial benefit of cloud cost optimization.

40% of CFOs list reducing overall cloud costs as a top financial priority.

88% of U.S. CFOs and senior finance leaders report that their cloud spending is increasing.

44% of organizations use native cloud provider tools for cloud cost management.

43% of CFOs say AI is adding new layers of workload complexity that complicate forecasting and cost control.

45% of organizations use AI-powered cloud spend analytics.

More than two-thirds of CFOs estimate that up to 30% of their cloud spend is wasted.

66% of CFOs say cloud spend has become a board-level issue.

56% of CFOs cite AI and automation as their top financial priority.

39% of CFOs prioritize reducing overall cloud costs as a top cloud-related priority for the next 12 months.

35% of CFOs prioritize gaining visibility into current cloud spending over the next 12 months.