Tag: cloud costs

Through continuous monitoring and cost transparency, Liberty Mutual has reduced its annual projected cloud expenses by 20% – and it aims to achieve 25% in 2024.   Liberty Mutual now has about 70% of its IT assets in the cloud, and has been incredibly deliberate in how it has shifted its workloads.   “We actually have a rationalization strategy […]

Cloud computing has won converts for its promise of cutting down costs, but large financial institutions need to be pragmatic to avoid spiraling expenses, especially as budgets constrict into 2023.  As purse strings continue to tighten heading into the new year, all major expenses should receive scrutiny, including the cloud. While cloud computing does help big financial […]