Businesses that migrate to the Cloud wish to lower their IT costs by avoiding costly hardware refreshes and overprovisioned IT infra (scalability). However, most find their overall IT spend to be more than they had bargained for due to a lack of Cloud Financial Management (CFM) and optimisation. 

Unoptimized Cloud spending is a significant issue for companies across the globe and is becoming more critical as Cloud costs continue to rise and leads to the loss of potential revenue generation opportunities.