7 Effective Ways To Reduce Cloud Waste In 2023
Cloud waste has been costing companies billions of dollars for years now. In 2022, organizations spent roughly $490 billion on the cloud. Common estimates suggest that about 30% of cloud spend is wasted, meaning a whopping $147 billion of waste — the most in any year, ever. Organizations are set to spend nearly $600 billion on the cloud in 2023. Could you be wasting money trying to save money? Fortunately, cloud waste is preventable in most cases.