Insight into cloud computing trends
There has been a massive shift to moving IT environments to the cloud over the past three years as organizations navigated a remote-first world due to the pandemic. According to Foundry’s 2023 Cloud Computing research, that acceleration is settling is as 65% of IT decision-makers agree that their organization is defaulting to cloud-based services when upgrading or purchasing new technical capabilities this year, compared to 72% who agreed last year. Despite this, close to 1/3 of tech budgets are allocated to cloud computing today, and 66% of tech buyers expect their cloud computing spending to increase over the next 12 months.
This does not come without challenges that cloud providers must address. This executive summary based on the latest research outlines the top growth areas for cloud computing today, expected investments, and obstacles that tech decision-makers are experiencing with their cloud strategy.
Download the executive summary to learn:
- The percentage of IT environment that is in the cloud today and what’s expected in the next 18 months
- Which business objectives are driving cloud computing investments and the factors causing organizations to repatriate cloud solutions
- How AI is impacting the cloud and additional technologies that ITDMs believe are the top cloud growth areas
- The roadblocks that ITDMs face while implementing their cloud strategy and the help they need from cloud providers