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How to squeeze more out of your cloud spend

In a time of high inflation and tough fundraising conditions, it’s essential for business leaders to give their cloud investments the same scrutiny as other overheads like headcount, office, space, and SaaS contracts. Eldar Tuvey, Founder & CEO of Vertice, shares his tips for managing cloud costs with Business Age.
Nov 06, 2023
1 min read

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Cloud costs increase amid SaaS pricing hikes
Vertice, which provides a cloud and SaaS cost optimization platform, pegged the 2023 SaaS inflation rate at 8.7%. The company's annual SaaS Inflation Index, published this week, noted that nearly three-quarters of software vendors raised prices over the past 12 months.
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Software-as-a-service spending now accounts for 14.1% of a typical company’s expense line, up from 12.7% last year, according to research from Vertice.