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Concerns regarding excessive cloud costs expressed by businesses

Concerns regarding excessive cloud costs expressed by businesses

<p>A common misconception about the cloud is that it automatically lowers costs. And if CIOs don&#39;t monitor closely, their IT costs might skyrocket. &nbsp;Companies don&#39;t have to worry about whether the hardware is operating or switched off when it isn&#39;t needed in a traditional On-Prem or owned hardware solution. The servers are not turned off when they are not in use. &nbsp;As per Debashis Singh, CIO, Mphasis, if things are done similarly in the cloud, billing might skyrocket.</p>

Read full story at The Economic Times
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