Year: 2025
Type: article
Abstract: As enterprises migrate to cloud environments, they face significant financial challenges including unexpected budget overruns, inefficient resource utilization, and complex cost governance issues. This article examines the critical cost optimization strategies that organizations can implement throughout their cloud migration journey. By exploring the implementation of FinOps frameworks, AI-driven forecasting systems, resource rightsizing methodologies, and architectural innovations such as serverless computing, the article provides actionable guidance for optimizing cloud expenditures while maintaining performance and scalability. Case studies from retail and financial services sectors demonstrate how organizations have successfully applied these strategies to achieve substantial cost reductions while enhancing operational capabilities. The article also addresses implementation challenges and emerging trends, offering a forward-looking perspective on cloud financial management that balances cost efficiency with business objectives and sustainability considerations.
Institutions: Deloitte (United States), Mosaic Company (United States)
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: diamond
OpenAlex ID: W4410618577