25
Jan
The median Effective Savings Rate (ESR) on cloud compute costs was 0%, suggesting that AWS organizations are throwing away billions on wasted cloud spending. 2024 Effective Savings Rate Benchmarks and Insights report AUSTIN, Texas, January 25, 2024 (Newswire.com) - ProsperOps, the leading FinOps rate optimization platform for AWS, today released its inaugural Effective Savings Rate (ESR) Benchmarks and Insights Report, analyzing the state of cloud spending, savings performance, and waste. The study, which combines twelve months of research into hundreds of AWS organizations representing more than $1.5B in annualized AWS compute usage, found that 53% of organizations do not use AWS…