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Tag: cloud spending

AI Is Driving Up Cloud Costs By 30%: Report

The average company is spending 30% more on the cloud compared to last year, and AI and generative AI are the big culprits, according to a new report issued today by Tangoe, a provider of expense and asset management sol Read more…

Reining in Cloud Wastage By Stopping Over-Provisioning

Companies will waste $135 billion worth of cloud resources in 2024, or about 30% of the worldwide public cloud spending of $675 billion, according to Gartner. That’s the bad news. The good news is that an array of FinO Read more…

Reducing Cloud Waste a Top Priority in 2024, FinOps Foundation Says

The increasing cost of cloud computing, particularly when it comes to storing data to feed AI algorithms, is a growing concern among companies, particularly larger ones, according to a new report by the FinOps Foundation Read more…

Unravel Keeps Tabs on BigQuery Usage Following Pricing Changes

Google Cloud last month changed how it charges for BigQuery, its flagship offering for SQL analytics on structured data and machine learning on unstructured data. Customers concerned about keeping their BigQuery budget o Read more…

Rush to Cloud Exposes Budgetary Pitfalls

"Customers are using less than 10% of what they provisioned in terms of capacity,” says Jay Chapel, VP at ParkMyCloud. “Almost every customer we talk to that’s large, they found they’re spending more money than they expected.” Read more…

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