Multi-cloud strategies set to dominate future of cloud services

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Multi-cloud strategies set to dominate future of cloud services Duncan is an award-winning editor with more than 20 years experience in journalism. Having launched his tech journalism career as editor of Arabian Computer News in Dubai, he has since edited an array of tech and digital marketing publications, including Computer Business Review, TechWeekEurope, Figaro Digital, Digit and Marketing Gazette.

Multi-cloud strategies are emerging as a dominant part of organisations’ long-term IT roadmaps.

This is according to a study by IT services firm Ensono in which 500 full-time professionals across the UK and US with cloud procurement decision-making power were surveyed.

Bryan Doerr, executive VP of Product and Technology, said: “This report captures a clear picture of the industry and reveals how companies’ investments in cloud services have changed over the past year.

“With nearly half of respondents indicating they’ve chosen a new provider in the last year, it’s clear that shares of the cloud market are completely up for grabs between the major providers. What’s most important for organisations right now is investing in the right cloud strategy for their IT workloads.”

More than pricing or vendor incentives, security and technical requirements are top drivers of cloud decision-making, according to the study. More than half of respondents (56%) indicated that security considerations have a “significant impact” on the final decision when choosing a provider. In addition to organizations moving toward multi-cloud strategies, private cloud environments remain important to organizations attempting to make optimal workload-to-cloud placement decisions.

Some of the key findings from the survey include:

  • Microsoft Azure ranks as the most popular public cloud provider among respondents (58%), followed by Google Cloud (41%), IBM (40%) and AWS (38%). However, only 1% said they have always had the same cloud provider or platform.
  • Nearly half (46%) of respondents indicated they have chosen a new provider or platform within the last year — and more than a quarter (26%) have done so in the past six months. 
  • Only 1% said they have always had the same cloud provider or platform.
  • Currently, 42% of respondents are pursuing a multi-cloud strategy.
  • The overwhelming majority of private cloud users (80%) said better information security was the reason for using a private cloud environment.
  • 89% of healthcare organizations and 81% of public sector respondents say they will continue to have a need for private cloud in the next five years.

Doerr said: “After major disruptions in the past year, the need for a modern technology stack is fuelling cloud adoption in every industry. To capitalise on the opportunities available in the market right now, cloud providers must meet the complex security and legacy workload needs of organisations. 

“With the right partner, companies can harness the power of the cloud to achieve their transformation goals.”

Want to learn more about topics like this from senior executives in this space? Learn more at the Cloud in FinTech & Banking Summit, on October 13 2021, on how financial organisations are using cloud migration for competitive advantage.

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