A recent analysis by Aptum delved into the repercussions of cloud adoption on IT departments. The study revealed that 71% of the IT professionals surveyed attributed 30% or more of their total IT expenditures to cloud-related costs.

The research indicated that inefficiencies associated with cloud platforms and services have led to substantial IT overspend in over half (52%) of the participating organizations.

In the past year, cloud investments have culminated in unexpected IT expenses for 73% of the IT respondents. This denotes a 28% surge when juxtaposed with the data from 2021. Furthermore, the overwhelming majority, 92% of the IT workforce, expressed an inclination towards performing an exhaustive ROI (return-on-investment) assessment of their cloud expenditure, a notable increase from the 89% recorded in 2022.

Interestingly, a significant 62% of those surveyed acknowledged that an insufficiency in internal expertise has been a barrier, slowing down their cloud deployment initiatives.

The complete analysis can be accessed through the full report.