84%
cite cloud as top challenge
Cloud spending crossed $669 billion globally in 2024. By 2026, analysts project it will exceed $840 billion. That growth rate would be exciting if organizations were getting full value from every dollar. Most are not.
Before examining how organizations improve their FinOps maturity, it is worth pausing on why this problem is so persistent. Cloud cost waste does not come from carelessness alone.
Today, 75% of Forbes Global 2000 companies have adopted some form of financial operations for cloud. A dedicated FinOps team now exists in 59% of organizations, up from 51% the prior year. The practice has moved from early adopter to mainstream in under five years.
Maturity is not a competition. It is a calibration.