target audience: TECH SUPPLIER  Publication date: Apr 2024 - Document type: IDC Survey Spotlight - Doc  Document number: # US52018924

Why Are So Many Cloud Buyers Blowing Their Cloud Budgets?

By:  Penny Madsen Loading

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Abstract


This IDC Survey Spotlight draws upon Cloud Pulse 4Q23 data which shows close to half of cloud buyers spent more on cloud than they expected to in 2023. In 2024, a high number already expect to see cloud spend overruns, but the reasons why are quite different to those in previous years.



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