With the Help of the FinOps Foundation, CNCF recently conducted a micro survey of the extended community to see how organizations are managing Kubernetes and cloud costs with FInOps or Cloud Financial Management.
The survey found that cloud and Kubernetes-related bills are going up across the board. Over the past year, 68% of respondents reported that Kubernetes costs increased. Among those whose spend increased, half saw it jump more than 20% during the year.
The trend is probably no surprise to most: as more organizations adopt cloud-native architectures and scale Kubernetes environments, the associated cloud costs will rise. However, the FinOps for Kubernetes survey uncovered a disconnect between these rising expenses and how well most respondents have been able to accurately and effectively monitor Kubernetes costs, predict those costs, and instill processes that can curtail unnecessary overspend.