Cloud computing promises greater flexibility in information technology (IT) spend, but the complexity of pricing models can weigh on a company's finances. These startups help companies track and manage their cloud spending.
30% of cloud spend is wasted and on average 23% of companies are over budget on public cloud spend, according to a recent Flexera study.
And now, as many companies look to cut costs in light of recessionary pressures, cloud resource needs (and costs) are increasing as employees embrace remote work and consumers move more transactions and engagements online.
Want the full post? Become a CB Insights customer.
If you’re already a customer, log in here.