Page 4 - Sid Nag News Today

Companies are trimming their expenses amid concerns about high inflation and fears that a recession might be around the corner. And many of them are being more cautious about their cloud costs.

When the pandemic hit three years ago, Amazon was one of the few businesses that thrived.

Many companies are being more cautious about their cloud costs.

Worldwide end-user spending on public cloud services will grow 21.7% to total $597.3 billion in 2023, up from $491 billion in 2022, according to the latest forecast from Gartner, a leading management consulting firm.

Worldwide end-user spending on public cloud services will grow

Companies are using artificial intelligence (AI) to identify overlapping cloud computing services and excessive data storage to find savings on IT systems.

Stamford (Connecticut), April 20: Worldwide end-user spending on public cloud services is forecast to grow 21.7 per cent to total USD 597.3 billion in 2023, up from USD 491 billion in 2022, according to a report.

Infrastructure-as-a-service is fueling global end-user spending on cloud services, according to the latest forecast by Gartner.

Australian organisations are expected to spend A$19.9 billion on public cloud services in 2023, up 19.3% from 2022, according to a new global forecast...

Worldwide end-user spending on public cloud services is forecast to grow 21.7 per cent to total $597.3 billion in 2023, up from $491 billion in 2022, according to a report.