Cast AI

Global cloud user spending is expected to exceed $599 billion in 2023, up from $421 billion in 2021 and nearly $500 billion in 2022. However, businesses face challenges in adapting to the new digital normal, especially when it comes to cloud computing spending. A recent Forrester report showed that 94% of companies incur avoidable cloud expenses due to factors such as underutilization of resources, over-provisioning, and lack of internal talent to manage cloud infrastructure. To address this challenge, the financial operations (FinOps) market…