Tech leaders are reevaluating cloud strategies due to rising costs, focusing on cost savings, application design, and generative AI. Akamai's Robert Blumofe emphasizes vendor diversification to escape reliance on major cloud providers, achieving a 40% reduction in public cloud spending through “Project Cirrus.” Johnson & Johnson's Jim Swanson adopts a multi-cloud approach for flexibility and cost optimization via a FinOps framework. Cybersecurity concerns grow as companies invest heavily in cloud services, while Palo Alto Networks highlights security benefits of cloud over traditional data centers. C3 AI strengthens ties with Microsoft through a sales partnership, underscoring the strategic shifts in cloud adoption.
https://fortune.com/2025/01/29/cloud-computing-spending-akamai-jj-c3ai/