Cost Management in Cloud Computing: a study on financial waste and correction strategies

This project explores the identification and mitigation of financial wastage in Cloud Computing (CC) operations by professionals in the field, examining the alignment of their strategies with FinOps guidelines. Through a survey distributed via social media and messaging apps to CC professionals, the study engaged 28 participants from various companies, sizes, and sectors. It revealed that these professionals have encountered cost-related issues in cloud applications, particularly financial wastage. The investigation aimed to understand the prevalence of financial wastage in CC and evaluate the effectiveness of the adopted practices in addressing these inefficiencies within the framework of FinOps principles.