Enterprise cloud costs up over 90 percent in the past year

Cloud costs are a measure of the services businesses are using, but they also reflect the wider market and the pricing strategies of providers. Cloud native service provider Civo has carried out a survey into what businesses are spending on cloud and finds that enterprise cloud costs have risen by 93 percent on average in the past year. Smaller businesses are suffering too, with SMBs reporting an average increase in cloud costs of 48 percent in the past year. Civo's research reveals that month-by-month, this means SMBs are spending an average of $5,600 per month on cloud deployments. Of the… [Continue Reading]