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How Capital One, Arvest Bank keep cloud costs under control

December 20, 2023

Via: CIO Dive
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The cloud is key to enterprise IT, supporting customer-facing applications and the tools employees need for their daily work. But agility and scalability gains can lead to eye-watering bills from providers.

More than half of companies say they’ve faced higher cloud costs this year, according to Vertice data. And Gartner projections say end-user spending on public cloud is set to grow more than 20.4% next year, reaching $678.8 billion.

Despite the sticker shock, organizations seek cloud implementations that can enhance how they do business.

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