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HomeCloud ComputingHow enterprises are bringing pandemic-driven cloud costs under control

How enterprises are bringing pandemic-driven cloud costs under control

To the concern of finance officers everywhere, the quick issuance of stay-at-home orders during the early days of the COVID-19 pandemic gave IT teams the authority to quickly scale up cloud usage to meet a rapidly changing set of employee and customer needs, almost overnight. In fact, cloud spending outpaced on-premises investments for the first time ever in 2020, marking a tipping point in enterprise consumption of cloud services.

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