AI tools are increasing the demand for Cloud Storage

• 94% of IT leaders report struggling to optimize cloud costs effectively
• Limited visibility and unexpected cost fluctuations remain a persistent challenge globally
• FinOps helps organizations forecast budgets and mitigate governance risks efficiently

Managing cloud spending has become increasingly complex for many organizations.

A recent global survey commissioned by Crayon and conducted by Sapio Research found that 94% of IT leaders are struggling to optimize cloud costs.

This makes it one of the most persistent challenges in IT cost management.

AI adoption adds new pressures on budgets

Despite the adoption of cloud-native and third-party tools, 44% of organizations still report limited visibility into their cloud expenditure.

Nearly half of the surveyed businesses also cite unexpected cost fluctuations as a major concern.

As AI adoption grows, its impact on cloud ...