Signing up for cloud services is easy. But getting control of cloud spending can be a persistent challenge for an enterprise focused on making the most of its technology investment.
Gartner predicted worldwide end-user spending on public cloud services would grow 20.7% in 2023, to $591.8 billion. A survey for Foundry’s Cloud Computing Study 2023 found that lowering total cost of ownership ranks in the top three drivers of cloud computing initiatives, but controlling cloud costs was the top challenge that slows or stalls cloud adoption.
