March 24, 2023

36% Of Enterprises Predict Public Cloud Spending Will Increase In 2021

By Louis Columbus on May 16, 2021

451 Researchs recent survey, Voice of the Enterprise: Cloud, Hosting & & Managed Services, Budgets & & Outlook 2021, offers brand-new insights into how the pandemic acts as a driver driving companies to pivot toward brand-new digital business designs much faster than they had actually anticipated. The survey is based upon interviews with over 300 cloud and IT experts.

Key insights from the study consist of the following:

Enterprises predict the most considerable spending gains in 2021 will be in IaaS, PaaS, and public cloud platforms. The pandemic made adaptive intelligence, agility, time-to-launch for brand-new apps, and speed the most immediate priorities IT teams worked to achieve. Moving more workloads to the cloud and producing a virtualized facilities lags increased costs on public cloud platforms. SaaS applications track just by 6% at 30%, showing the robust momentum cloud platforms have in allowing brand-new app adoption.

When utilizing public cloud platforms, 55% of business say protecting cloud environments is their most significant challenge. Enterprises also say that expense optimization (51.7%), governance & & compliance (49.1%), and refactoring apps for the cloud (40.7%) are the challenges they are most focused on fixing today. “Governance ends up being more of an obstacle for companies the more they start using the cloud,” Posey stated. “If you have 2 individuals in the IT department spinning up a cloud service, they can govern themselves. Once you get more and more workloads to the cloud and more people in the company updating the code, you actually require to put into place some governance structure.”

Public cloud platforms met and surpassed expectations throughout the pandemic. The study found 85% of the business are getting positive results from their fast shift to public cloud platforms in response to the pandemic.

Source: S&P Global Market Intelligence, COVID-19 driving rise in enterprise cloud adoption– 451 survey

Related

Moving more work to the cloud and producing a virtualized infrastructure is behind increased spending on public cloud platforms. SaaS applications track just by 6% at 30%, revealing the robust momentum cloud platforms have in making it possible for brand-new app adoption.

Published in Business, Featured Posts, Technology/ Software, Trends & & Concepts|Tagged 451 Research, Cloud Computing, Cloud computing spending in 2021, iaas, Louis Columbus blog, PaaS, public cloud, SaaS

55% of business say protecting cloud environments is their greatest challenge when using public cloud platforms.

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