Flexera’s 2026 State of the Cloud Report marks a pivotal moment in cloud maturity. Now in its fifteenth year, the report shows cloud entering the value era—where organizations tie cloud decisions to measurable business outcomes, accelerate GenAI adoption and lean on centralized governance to manage rising complexity. Those looking to get a handle on cloud spend and cloud governance must pay attention to these trends and to the goals that can help drive the most value possible, or risk getting left behind in reactive states.