Cloud is Here to Stay, but Customers Are Starting to Question the Cost | In the News

Cloud has become a global industry topping US$100 billion in size, but some customers have begun to question the move to these services and started to bring workloads back in-house.

Cost pressures are forcing organizations to look more closely at their cloud investments, according to Everest Group. It claims cost has now risen to the top concern among cloud customers, and 67% of enterprises surveyed say they are not seeing the expected value from the cloud.

Everest Group’s cloud and legacy transformation leader, Abhishek Singh, told us that this can be down to the way organizations are using the cloud, and that the cost benefits are clear for operating cloud-native applications.

Read more in The Register.

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