CloudZero Vs. Homegrown Cloud Cost Tooling
From 2022 to 2023, worldwide cloud spending is expected to increase to $597.3 billion, up from $491 billion in 2022. Year over year, that’s a 21.64% increase. Compare that to the 15.42% increase (at the time of writing) in the Nasdaq-100 Technology Sector Index, and you see a simple, inconvenient truth: Cloud spend is outpacing business growth by a substantial margin. It’s no wonder that cloud efficiency sits at the top of many companies’ priority lists.