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The flexibility delivered by on-demand access to unlimited cloud resources can enable business benefits way beyond the realm of the IT department, and can create new opportunities quickly and optimally. But with this great power comes great responsibility, and uncontrolled resource scaling can rapidly lead to spiraling costs. In fact, around 40% of enterprises surveyed by 451 Research are regularly spending more on cloud than they budgeted for, with around 10% saying they expect to be ‘significantly above budget.’ Around 27% expect this overspending to continue into the future.
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