Cloud Computing Is Not the Cheapest Option

Cloud computing platforms have been marketed for years as a cheaper option. However, despite the popularity that the cloud has gained, the truth is that organizations still face challenges as they try to manage costs. According to a study by Flexera, a company that offers IT management software, 84 percent of companies find optimization of cloud costs a challenge, while a survey in 2019 also revealed that organizations underestimate their wastage when it comes to cloud computing. This shows that the advantages of using cloud are not always clear, and the cost ends up being more than what companies anticipate.

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