target audience: TECH SUPPLIER Publication date: Nov 2023 - Document type: Market Share - Doc Document number: # US51361423
Worldwide Cloud Cost Transparency Software Market Shares, 2022: Number of Vendors Expands
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Abstract
This IDC study discusses the 2022 vendor market shares based on revenue and market activity across vendors' worldwide product offerings.
"Cloud cost transparency solutions and FinOps mindshare continue to grow as enterprises look to optimize their cloud investments. The convergence of IT automation and FinOps concepts has proven to be a winner for many companies. As a result, this market crossed the $1.25 billion mark, and new vendors entered the market," stated Jevin Jensen, research vice president, Intelligent CloudOps Markets and Opportunities, IDC.