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1、Custom content for Alteryx by studioIDIncreasing Your Cloud ROI2/3The cloud opens up two possibilities:radical business outcomes,or radical costs.While companies might flock to the cloud to drive more business value,the ROI on their cloud migrations are often lacking.KPMGs 2022 U.S.Technology Survey

2、 found just over two-thirds of respondents had yet to realize significant ROI from cloud investments.Yet cloud adoption isnt slowing down.Gartner expects global public cloud expenditure to grow 21.7%from$491 billion in 2022 to almost$600 billion in 2023.Clearly businesses are investing a lot in the

3、potential for transformative business outcomes.But many fall short of that potential.How can organizations deliver on the promise of cloud without breaking the bank?Just over two-thirds of respondents had yet to realize significant ROI from cloud investments.2Why is cloud ROI falling short?GOING IN

4、WITHOUT A PLAN COMPLEXITYLACK OF VISIBILITYUNDER-UTILIZATIONINACCESSIBILITY3There are several pain points driving ROI disappointments:GOING IN WITHOUT A PLAN Businesses migrate to the cloud without a plan for managing costs.According to a 2021 Gartner investigation into cloud cost management,organiz

5、ations that dont include cost optimization plans in their cloud migrations end up overspending on cloud services by up to 70%without deriving the value they hoped for.A whole discipline,FinOps,emerged to cope with cloud cost management,but companies still have a long way to go in adopting this pract

6、ice.In its 2022 State of FinOps report,the non-profit FinOps Association found 45%of respondents considered themselves at the“pre-crawl”or“crawl”state of FinOps maturity.One of the clouds greatest benefits is also one of its threats friction-free onboarding.The ease of procuring cloud-based services