A stark reminder of cloud complexity surfaced when one company was hit by a staggering $65 million cloud monitoring bill in just one quarter, underscoring the urgency for businesses to gain visibility into their spending. As I’ve consistently preached, “Control your costs or your costs will control you.” Organizations are finally recognizing the need to analyze their cloud expenditures in-depth. I hate to say “I told you so,” but I have advocated for better accountability for years.
“You can’t fix what you can’t see” is another guiding principle in my discussions on cloud cost management. Many organizations have embraced the agility that the cloud delivers, yet overlook the critical need for visibility. Effective tracking and optimization become nearly impossible when expenses are scattered across different providers in multicloud environments. Complexity is an unavoidable outcome of multicloud and comes with higher operational costs, which must also be managed.
Flexera’s findings highlight that most organizations struggle with limited visibility into how resources are consumed, which is a massive barrier to effective management. Centralized monitoring is essential. Without it, organizations are flying blind, unable to spot waste or identify areas for optimization.