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Was moving to cloud a mistake?

October 18, 2022

Via: InfoWorld
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According to a new study from Wanclouds, 81% of IT leaders say their executives and boards of directors have directed them to reduce or take on no additional cloud spending. It’s little surprise as cloud costs skyrocket while the economy remains in flux. After multiple years of unimpeded cloud growth, the findings suggest that enterprises’ unbridled cloud spending may soon temper. Is this true?

I’m always skeptical of any study that says something extreme is happening. While aspects of these studies are often true, the overall technology market shifts slower than most people understand. Enterprises will take their own sweet time to slow down or speed up anytime technology is involved.

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