Business Wire

REPLY

22.12.2022 13:04:41 CET | Business Wire | Press release

Share
REPLY: The Reply Research 'Cloud Governance: Focus on FinOps' Has Revealed That the Key to Reap the Benefits of Cloud Computing Are Cultural Change, Increased Investment in Governance and Cost Optimisation

The research conducted by Reply "Cloud Governance: Focus on FinOps" confirms that the growing investments in cloud computing are usually followed by an increase in the adoption of governance models. These allow the governance of architectural or security aspects of the cloud and the optimisation of costs with the emerging FinOps methodology.

FinOps, unlike the more traditional IT Operations Management market, is a fast-growing segment that responds to the need for companies to have a more sophisticated strategic analysis of cloud cost models. FinOps introduces processes, tools and best practices that allow organisations to optimise their spending and, at the same time, reap the maximum benefits.

According to projections made by Reply in collaboration with PAC (Teknowlogy Group), in the Big-6 Country Cluster (USA, China, UK, Germany, France, India), investments in IT and cloud operations will grow from 37 to 54 billion euros by 2026, driven by the FinOps segment that will triple in value. The traditional data centre management sector’s size will decrease by almost 60 per cent, while cloud services management will double.

The Rising-6 cluster (Italy, The Netherlands, Brazil, Belgium, Poland, Romania) will experience a similar trend: a decline of almost 30% in traditional IT Operations, and an increase in investments in Cloud Operations and FinOps solutions, which will grow by almost 2.5 and 4 times respectively by 2026, crossing thresholds of EUR 3 billion and EUR 1.5 billion.

In the UK, the total IT and cloud operations market is expected to be worth EUR 3.5 billion, with cloud operations (EUR 2.4 billion) accounting for a large share. FinOps solutions will grow to EUR 731 million in 2026.

In addition to cost optimisation, proper cloud governance allows both to increase IT security and to make a company's IT operations more sustainable, thus, adding an element of focus to the sustainability of daily operations.

"In an increasingly interconnected and cloud-first world, the adoption of cloud computing is not a stand-alone project but one that must be integrated into the company's DNA. Cost optimisation, sustainability, security and agility are just some of the benefits of cloud computing which make it almost a must-have choice for all companies aiming to be lean and sustainable. Choosing to follow the FinOps methodology is a first step in this direction because it involves optimising operations and consequently downsizing infrastructure" commented Filippo Rizzante, CTO at Reply.

The full research can be downloaded here. This new research is part of the Reply Market Research series, which takes an in-depth look at the latest innovation trends in multiple sectors.

Reply
Reply [EXM, STAR: REY] specialises in the design and implementation of solutions based on new communication channels and digital media. As a network of highly specialised companies, Reply defines and develops business models enabled by the new models of AI, big data, cloud computing, digital media and the internet of things. Reply delivers consulting, system integration and digital services to organisations across the telecom and media; industry and services; banking and insurance; and public sectors. www.reply.com

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221222005246/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Future Health and Bridge for Billions to Launch Programme Strengthening Health Entrepreneurship in Emerging Markets21.10.2026 17:50:00 CEST | Press release

New programme will support locally rooted health entrepreneurs to build stronger ventures and deepen their impact in the communities they serve The programme responds to persistent gaps in capital and specialist support for promising health innovation across emerging markets First phase will target around 50 entrepreneurs leading late-incubation to early-acceleration ventures in Africa and Asia Entrepreneurs will receive tailored support, with selected groups later having the opportunity to access Abu Dhabi’s health innovations ecosystem Future Health – A Global Initiative by Abu Dhabi and Bridge for Billions will launch a new entrepreneurship programme designed to strengthen promising health ventures in emerging markets and help locally-developed solutions reach more people. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261021719421/en/ The first phase of the programme will target around 50 entrepreneurs leading late-incub

Hephaestus Exits Stealth Having Raised $17.2M to Supply Rare-Earth-Free HTS Superconductors and Build Low-Cost Fusion Power21.10.2026 16:48:00 CEST | Press release

CiRi Ventures leads latest funding round as novel HTS magnets head to manufacturing in 2027, ahead of a negative triangularity reactor targeting net energy gain by 2030 Hephaestus today emerged from stealth with solutions that address two of the largest cost drivers in fusion power: the high temperature superconducting (HTS) magnets that confine the plasma, and the edge-localized modes (ELMs – major plasma instabilities) that drive up the cost and complexity of conventional reactor designs. The company also announced the close of a new funding round led by CiRi Ventures. Hephaestus was founded in London in 2019 with a single mission – to help make fusion energy cheap enough to compete on the grid. Its AI plasma solver initially swept the full space of tokamak design parameters, unconstrained by the legacy designs and materials much of the industry is already committed to, and identified negative triangularity (NT), which inverts the D-shaped plasma used in most tokamaks, as the most li

New TOURISE and LIONS Advisory Study Reveals How Creativity Creates a Commercial Advantage for Destination Growth21.10.2026 16:27:00 CEST | Press release

50% of travelers cannot remember the last advertisement they saw for a tourism company or destination, with a further 7% unsureTourism faces an $11 billion marketing investment gap: restoring the category’s share of voice to 3% would require global travel and transport ad spend to reach $43.4 billion by 202763% of Large Language Model (LLM) visibility is driven by long-term brand equity, compared with 22% from current marketing activity and 11% from citation volume TOURISE, the world’s premier platform for shaping the future of global tourism, today released IDEAS That Travel, a new report developed in collaboration with LIONS Advisory. The study finds that while travel demand is rising, tourism brands are competing for attention in a more fragmented, socially driven and AI-mediated environment, where visibility alone is no longer enough to secure preference and growth. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2026102116

DEWA International Signs 4 MoUs With Global Partners During WETEX 202621.10.2026 16:12:00 CEST | Press release

DEWA International signed four memorandums of understanding (MoUs) with leading global entities during the Water, Energy, Technology and Environment Exhibition (WETEX 2026). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261021351329/en/ DEWA International signs 4 MoUs with global partners during WETEX 2026 (Photo: AETOSWire) HE Saeed Mohammed Al Tayer, MD&CEO of Dubai Electricity and Water Authority (DEWA) and Chairman of DEWA International, said: “We are committed to building strategic partnerships with leading international institutions that possess extensive expertise in developing and implementing energy, water and infrastructure projects, while exploring future collaboration opportunities across key sectors. Through these MoUs, we aim to exchange knowledge and expertise and leverage best practices and advanced technologies. These efforts will help accelerate the transition to clean energy, enhance the resilience and ef

Picsart Launches Marketing Studio to Help Businesses Create, Test and Run Google Ads21.10.2026 16:03:00 CEST | Press release

Key Takeaways: Picsart’s new Marketing Studio brings content creation, advertising strategy, creative testing and paid distribution into one guided space. Businesses can test concepts and videos using Zappi’s consumer insights and predictive technology, then create and launch Google Ads campaigns directly within Picsart. Built primarily for small-business owners, solopreneurs and performance marketeers, Marketing Studio connects creative work with advertising performance, helping businesses use campaign results to guide what they make next. Picsart, the AI media production and distribution platform, where 100M+ creators and businesses worldwide make, market and monetize content, today launched Marketing Studio, bringing content creation, advertising strategy, creative testing and paid distribution into one connected experience. Available now, Marketing Studio combines market insights from Zappi with a Google Ads integration that lets businesses create and launch campaigns directly with

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye