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Cloud Waste is Soaring: PointFive’s CEPM Offers a Proactive Solution - New York Tech Media

Summary by New York Tech Media
Enterprises are spending more than ever on cloud infrastructure, but much of that spend is going to waste. According to a 2025 industry report by Harness, 66% of developers estimate that at least 20% of their cloud infrastructure spend is wasted on underutilized or mismanaged resources.  Why the waste? Cloud spending is often tracked by finance teams (FinOps), while decisions about usage and provisioning happen in engineering. Traditional tools …
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New York Tech Media broke the news in on Wednesday, May 21, 2025.
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