Displaying items by tag: vertice

COMPANY NEWS:  Vertice launches its solution for cloud cost control - a Cloud Cost Optimization Platform to give finance and tech leaders shared visibility and control of cloud investments, enabling companies to cut cloud costs by up to 25%.

Key stats:

• Cutting cloud spending is revealed as the number one cost-saving priority for over a third of finance leaders, but only 9% of technical leaders say that managing cloud costs is a top concern. 
• Over a third (34%) of tech and finance leaders disagree on their approach to cloud spending.
• 41% of finance leaders said the main cause of friction is a lack of transparency from tech leaders, whereas 55% of tech leaders say that non-technical staff don’t have the right knowledge or expertise to understand cloud investments.
• Friction is most acute in scale-up environments, with leaders reporting almost twice the level of friction than inside enterprise-sized organizations.
• 50% of organisations struggle to scale cloud usage efficiently as they grow.