Organizations continue to migrate workloads to the public cloud to reduce their on-premises costs. However, throughout their cloud journey many firms overlook the importance for proper cost management initiatives related to organizational structure, governance, processes, and technology. This oversight often results in excessive cloud spend or expensive remediation which can derail clients’ cloud strategy and migration progress.

Cost savings is central to most organizations adopting the cloud, however, only very few organizations achieve their desired savings and maximize benefits. The ones that do are very intentional about their cost management practices and governance.  In 2021, 30% or more of cloud spend was either inefficient or wasted. To minimize inefficiencies and maximize ROI, organizations must take control of their cloud spend in a sustainable way. 

We’re here to help guide our clients to assess, design, and implement cloud spend management and optimization capabilities. Irrespective of where an organization is on their journey of cloud financial management, Slalom brings expertise to establish clarity, accountability, and financial governance to truly realize the value of cloud.