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Finance Market Narratives Managing Cloud Costs: CFO Challenges​ Feb 27, 2025 Australian organisations are facing a critical FinOps maturity crisis, with effectiveness in cloud cost management, value measurement, and IT-finance collaboration declining sharply. Request to Download

Australian organisations are facing a critical FinOps maturity crisis, with effectiveness in cloud cost management, value measurement, and IT-finance collaboration declining sharply. Multi-cloud visibility remains a major challenge, while architecture and engineering costs continue to rise. As cloud complexity accelerates, organisations are losing ground faster than they can adapt, creating an urgent need for better financial governance and cross-functional alignment.

 

Core Insights:

The FinOps maturity risis: Declining effectiveness in cloud cost management

  • Value demonstration has dropped significantly (from 49% in 2023 to 35% in 2024), highlighting a growing disconnect between cloud investment and business impact.
  • Multi-cloud cost visibility is critically low, with only 15% of organisations achieving maturity while 54% remain immature.
  • Rising architecture and engineering costs (52% citing as a critical barrier, up from 36% in 2023) further compound the financial strain.

The value measurement challenge: Strong cost tracking but weak financial impact assessment

  • While…

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