Public cloud prices to surge in US and Europe next year
A seemingly relentless rise in inflation is also a problem stateside, and the Federal Bank is expected to raise interest rates to 4.75 pecent before the year is out.
The largest cloud providers can source capital, optimize energy supplies, and have ways of mitigating expanding overheads, but"the change to their business is pretty dramatic." A British cloud provider told us it"unfortunately" may be a case of"Hobson's choice for consumers of hyperscale cloud who will need to balance rising costs against significant exit costs."
"The energy crisis will throw the impact of lack of competition in this market into sharp relief, which is something I very much hope Ofcom takes into account in itsMike Norris, CEO at Computacenter, one of Europe's largest resellers, did not comment on the specter of prices heading northwards, but said the most frequent request from clients was how to get control of cloud costs.
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