The cloud’s scalability has driven massive organizational data migration, addressing initial adoption fears. However, constantly expanding cloud environments to accommodate data growth is expensive. By 2025, global data storage will reach 180 zettabytes, doubling 2020 levels. Handling this data securely amplifies costs further.
To control cloud spending without compromising benefits:
• Consider hybrid/multi-cloud strategies for negotiation leverage and disaster recovery
• Prioritize data hygiene by eliminating redundant, obsolete, or trivial data before migration
• Invest in cloud management partners to optimize resource usage
• Adopt AI, ML, and automation for continuous monitoring and process improvements
With the right approach, cloud environments and budgets can coexist harmoniously.