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Survey Finds Many Companies Do Little or No Management of Cloud Spending  


A heat map showing peaks and valleys of cloud computer use can be used to set schedules for better management of costs. (Credit: Getty Images)   
By John P. Desmond, AI Trends Editor  
Cloud computing “sticker shock” is on the rise as the monthly bills come in, the customers may not be sure what they are paying for, and the bills are trending upwards. 
J.R. Storment, executive director, the FinOps Foundation
That was a finding of a recent survey by the FinOps Foundation, a non-profit trade association focused on cloud financial management best practices, of more than 800 FinOps practitioners spending $45 …

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