More than 100 senior IT, finance, and operations leaders were surveyed on their experiences managing cloud costs during the pandemic and shortly thereafter as vaccinations became commonplace. On heavy cloud usage days, nearly 50% of respondents reported that cloud costs can surge by as much as 10-19%. Cloud computing is projected to make up 14% of enterprise IT spending worldwide in 2024 ‘ up from 9% in 2020. AI-based cloud monitoring and machine learning are the most effective ways to control cloud costs, says Anodot CEO David Drai.
Source: https://www.helpnetsecurity.com/2021/06/15/cloud-computing-costs/