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.
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.
Cloud costs causes inefficiencies and overspending, highlighting the need for clear responsibilities and better management.
Product teams govern cloud usage and costs
Platform/DevOps have unwantingly inherited managing costs
Developer inefficiency leads to economic losses and delays in the industry. Improving tools and processes is crucial to enhance productivity and reduce costs.
Average lead time for changes in DevOps leading to delays
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.
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:
Initial Build Cost
14 Full time engineers
1-2 years to build
4 Years Maintenance
6 Maintenance Engineers
Total 5-Year Cost (TCO)
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