Cloud & Platform Engineering

Stats for 2024

We've gathered the key stats you need to know for 2024. Check out these crucial metrics and insights to stay ahead in cloud and platform engineering.

$182bn

will be wasted globally on cloud spend

A staggering 8 in 10 organisations struggle with cloud spend, wasting nearly a third of their costs. Additionally, a third expect their cloud spend to increase in the next twelve months, highlighting the need for more efficient management strategies. In the last 3 years, running a data centre is 15% more expensive due to energy costs and salaries.

Lack of Ownership

Cloud costs causes inefficiencies and overspending, highlighting the need for clear responsibilities and better management.

1 OUT OF 3

Product teams govern cloud usage and costs

2 OUT OF 3

Platform/DevOps have unwantingly inherited managing costs

$1.5 trillion

cost to economy due to developer inefficiency

Developer inefficiency leads to economic losses and delays in the industry. Improving tools and processes is crucial to enhance productivity and reduce costs.

5 days

Average lead time for changes in DevOps leading to delays

52 minutes

A developer spends only 52 minutes per day writing code

Traditional DevOps practices are often slow and inefficient, leading to significant delays in delivering new features and updates.

Internal Developer Platform

Building a custom platform can seem attractive initially, but the long-term costs of building and maintaining a custom platform are significant. Here’s a breakdown of what it generally looks like: