Signal 51% of cost owners deploy cloud to optimize costs against 36% of supporters

Summary

Deloitte finds that cloud investment is the favored cost-management tool among finance leaders who own expense oversight. Among these cost owners, 51% are using cloud solutions to optimize costs, compared with 36% of peers who only support cost management. The survey divides its 1,326 respondents into 477 owners and 849 supporters for this comparison. The report explains that the cloud offers financial and operational flexibility, since companies can scale resources up or down without locking in fixed infrastructure costs. It can also reduce upfront hardware spending and provide scalable capacity for analysis that uncovers savings. The preference may also reflect a need for more flexible digital structures, a barrier highlighted in separate Deloitte research.