Findings from the third annual Wasabi Global Cloud Storage Index reveal enterprises across Asia Pacific, including Japan, Australia and New Zealand, continue to experience budget overruns due to cloud...
BOSTON & TOKYO: Findings from the third annual Wasabi Global Cloud Storage Index reveal enterprises across Asia Pacific, including Japan, Australia and New Zealand, continue to experience budget overruns due to cloud storage fees. In fact, 49% of end-user cloud storage spending goes to fees for storage and networking, rather than actual storage used. The Wasabi Global Cloud Storage Index surveyed 1,600 decision-makers involved with their cloud storage purchasing, including 525 in Asia-Pacific (APAC); 250 in Australia and New Zealand and 200 in Japan.
These findings underscore a growing frustration with the traditional cloud storage pricing model, where excessive fees – particularly egress and data access charges – are causing IT and business delays for 50% of APAC organisations. Digging deeper, APAC respondents say networking fees, data management fees, data access and retrieval requests, and egress fees are among the costliest.
“Cloud storage in APAC is at a critical inflection point with 63% of organisations exceeding their budgets and nearly half of all spending going toward fees rather than storage,” said Andrew Smith, senior manager of strategy and market intelligence at Wasabi Technologies, and a former IDC analyst. “As organisations rethink their cloud strategies, it’s clear that reducing fees, improving performance, and ensuring stronger security measures are key priorities for IT decision-makers across the region as they face mounting financial pressures, along with the need to support emerging workloads like GenAI.”
Sustainability takes the lead in ANZ cloud storage decisions, but budget overruns and security concerns persist
Over half of organizations in Japan exceeded their cloud storage budgets last year, more than the global average, as users grapple with excessive fees
To view the 2025 Wasabi Global Cloud Storage Index in its entirety, please visit here.
Methodology
Wasabi commissioned independent market research agency Vanson Bourne to conduct research into cloud storage. The study surveyed 1,600 IT decision makers who had at least some involvement in or responsibility for public cloud storage purchases in their organization. The research took place in November and December 2024 and included organizations with more than 100 employees across all public and private sectors. All interviews were conducted using a rigorous multi-level screening process to ensure that only suitable candidates were given the opportunity to participate.
About Wasabi Technologies
Recognized as one of the technology industry’s fastest growing companies, Wasabi is on a mission to store the world's data by making cloud storage affordable, predictable and secure. With Wasabi, visionary companies gain the freedom to use their data whenever they like without being hit with unpredictable fees or vendor lock-in. Instead, they’re free to build best-of-breed solutions with the industry’s fastest-growing ecosystem of independent cloud application partners. Customers and partners all over the world trust Wasabi to help them put their data to work so they can unlock their full potential. Visit wasabi.com to learn more.
Fonte: Business Wire
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