Hidden Cost of Cloud Object Storage Fees
A recent study by Backblaze and Dimensional Research reveals that 95% of organizations have encountered surprise cloud storage fees, primarily due to rising egress costs.
"The data shows what many IT leaders already know from experience: innovation is being throttled not by technology limits, but by cloud economics via egress fees and unpredictable charges," said Gleb Budman, CEO at Backblaze.
The survey, which included 403 leaders managing over 250TB in the cloud, found that steep egress fees and opaque billing models are the main causes of unexpected cloud storage charges.
- 95% of companies have been hit with unexpected cloud storage charges.
- Rising egress costs are driving major shifts in enterprise infrastructure strategies.
Author's summary: Backblaze study reveals hidden cloud storage costs surprise 95% of organizations.
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