Businesses are spending huge amounts of cloud storage funds on fees
Businesses are spending huge amounts of cloud storage funds on fees Cloud fees are rising, so bills will too, report claims When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works. New research by Wasabi Technologies has claimed nine in 10 (92%) businesses are allocating more than half of theircloud storagebudgets to fees, rather than actual storage capacity. The news comes as most organizations (91%) expect to increase their budgets in 2024 despite more than half (53%) already exceeding their budgets in 2023, signifying not only the huge potential for the cloud industry but also the rising costs....