The good and the bad of cloud storage spending

Cloud storage remains an essential ingredient in modern IT infrastructure environments.

The data is clear. Enthusiasm for cloud storage is on the rise. Respondents overwhelmingly predict they will increase their data storage in the cloud in 2024, with a 9% increase compared to last year.

However, there’s a good and a bad of cloud storage spending.

The bad? 53% of organisations exceeded budgeted spending on public cloud storage in 2023.

The good? Excess spending isn’t always because of fee structures and billing complexity. Growing utilisation of cloud storage services and data are two of the leading reasons why organisations are exceeded budgeted spend on cloud storage in 2023 – which indicates they are getting more value out of their data and service(s).

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As Wasabi partners, Complete IT Systems have the skills and resources to help your business implement the best solutions for the modern workplace. For more information on how Complete IT Systems and Wasabi can help, call 01274 396 213 or email .

 

Adjusting to new ways of paying for storage

Changing market conditions and IT strategies are quickly changing the way businesses use and pay for data storage. And hybrid cloud adoption has led to growing demand for utility-based IT as opposed to legacy cash purchases and leases.

As a result, many tech companies now offer elastic pricing models depending on what storage capacity is used. The downside for IT teams is with so many new models available, it can be a minefield trying to figure out the best plan for your budget.

Check out this 3 minute video to find out how IBM can solve some of the dilemma.

▶ Watch now.

Spice up your cloud storage with Wasabi

Aside from being a tasty snack for those of us with a bit of a spicy taste, Wasabi is also – in its own words – the hot cloud storage company that do it less expensively and faster than the competition.

Wasabi’s hot cloud storage is insanely cost effective and fast cloud object storage for any purpose. It is fast to write, fast to read and instantly available. By keeping storage simple with a universal storage product that satisfies nearly all cloud storage requirements, you can revolutionise your cloud storage strategy.

Read this short introduction into Wasabi to discover:

  • What is hot cloud storage
  • Reducing tiers
  • Pricing options
  • And more

➡️Download the 2-page guide.

Find out more

As Wasabi partners, Complete IT Systems have the skills and resources to help your business implement the best solutions for the modern workplace. For more information on how Complete IT Systems and Wasabi can help, call 01274 396 213 or email .