Reducing cloud storage costs: what you need to know

Digital transformation has been fast-tracked by the COVID-19 pandemic, meaning that many businesses now find themselves in a predominantly online environment. With the proliferation of new technologies that enable agility and flexibility, a large number of businesses have been left wondering how they can reap the benefits of a more online world without racking up exorbitant costs. 

Taking this into account, what are the key cost elements of cloud storage, and how do companies then mitigate unwanted costs? Not all of the best cloud storage solutions are created equal. While businesses focused on the bottom line may look for the lowest priced option available, there’s a risk of both hidden costs and disappointing results, so cloud cost management is imperative.

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