In the dash to the cloud it's easy to lose sight of the fact that it isn't necessarily always the answer to spending your IT budget in the most efficient way. New data released by cloud management company RightScale reveals that cloud users could reduce their spend by an average of 35 percent by making better use of resources. Based on three months of data from RightScale's Cloud Cost Optimization Service it finds that compute resources represent 76 percent of cloud spend and database services account for only 15 percent. Cloud spending continues to rise overall, up 76 percent from… [Continue Reading]