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Evaluate Before You Invest
Corporate spending on cloud services, particularly on basic workloads like email, has surged to astronomical levels, with costs reaching up to $20 million annually for some companies. This trend has sparked discussions about cost evaluation and potential changes in spending habits. The advent of generative AI is influencing corporate software expenditures, leading to a slowdown as businesses reassess their investment strategies and the allocation of their software resources. This shift is reflected in declining revenues for many software companies, indicating a need for comprehensive evaluation rather than merely transitioning existing software solutions.