CIOs Grapple With Cloud Cost Paradox
CIODIVE, Wednesday, April 2nd, 2025
Enterprises spend more than anticipated on the technology yet still report saving money, according to an Azul report.
Rising cloud bills haven't soured customers on the technology, according to researdh from Java platform company Azul. Censuswide surveyed 300 enterprise CIOs for Azul's cloud trends report, published last week.
More than 4 in 5 respondents said cloud infrastructure and application spending was an average of 30% higher than anticipated. Only 2% said their organization came in under budget.
Despite elevated cloud spend levels, tech leaders are still seeing value in the technology. Four in 5 respondents reported cost savings in cloud and more than half said their CEO supports current spending levels and would greenlight further increases.