CloudZero Survey Finds Engineering Cloud Cost Ownership Equals Better Business Outcomes [Yahoo! Finance]
Duolingo, Inc. - Class A (DUOL)
Company Research
Source: Yahoo! Finance
BOSTON April 23, 2024 /PRNewswire/ -- CloudZero, the globally trusted leader in proactive cloud efficiency, today announced the results of its 2024 State Of Cloud Cost Report , which reveals the realities of cloud computing costs. The survey of 1,000 finance and engineering professionals found that poor cost visibility impacts job performance and that when engineers own cloud costs, overall control increases. The survey is available for viewing here Cloud computing continues to boom, with worldwide end-user spending on public cloud services expected to soar to $678.8 billion in 2024 . Such rapid growth spotlights the importance of cloud cost optimization. Done right, it transforms spend data into meaningful business insights and gives organizations the tools to maximize the return on their cloud investments. Highlights of CloudZero's findings include: Engineering ownership equals a better understanding of cloud cost. Data points to a positive correlation between engineering own
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