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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