Multicloud Adoption Becomes Default for Many Enterprises, says Flexera’s Report

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Multicloud Adoption Becomes Default for Many Enterprises_ says Flexera Report

Flexera’s 2020 State of the Cloud Report has revealed that a majority of enterprises are adopting multi-cloud and public strategies

The ninth annual State of the Cloud Report 2020 by Flexera is based on a survey of 750 respondents from 554 enterprises and 196 small and medium-sized businesses. According to the report, 93% of enterprises have a strategy to use multiple providers like Microsoft Azure, Amazon Web Services, and Google Cloud.

DSaaS Vendor Combats Cyber Security and Data Privacy Challenges

The adoption of public cloud and multi-cloud strategies is skyrocketing. At the same time, there is a significant increase in wasted spending and cloud management struggles. Around 90% of respondents said they are using at least one cloud service, while only 6% are using multiple public ones.

As per the survey, more than half of organizations’ workloads and data are forecasted to be in the public cloud within 2021. AWS, Azure, and Google remain the top three public cloud providers that have the fastest adoption in growth compared to 2019. Moreover, Azure is coming closer to AWS in the number of companies using it, along with the number of virtual machines. One-third of enterprises are using multi-cloud management tools.

The COVID-19 pandemic is likely to upend IT budgets owing to significantly higher cloud usage, with a massive increase in remote working. The survey further reveals public cloud spending is higher than cloud budgets, especially in the case of bigger firms. Twenty percent of organizations (with 1,000 or more employees) spend at least $12 million per year on public cloud resources. Enterprises are also focusing on the storage of sensitive data.

Earlier, some enterprises were mulling on putting certain types of sensitive data in public clouds. However, more than half of organizations said they would consider moving at least some of their sensitive consumer data or corporate financial data to the cloud as of early 2020. This shows there is an increase in the security practices of the cloud providers. The survey also found that enterprises lack resources and expertise to deal with container challenges.

AI Adoptions in mature phase in over Half of Enterprises Globally

The coronavirus outbreak is expected to accelerate shifts to the cloud. At least half of companies are accelerating their cloud plans amid the crisis and have moved to a distributed workplace model. Nearly 60% of respondents said cloud usage would exceed prior plans owing to the COVID-19 pandemic.

Globally, enterprises are navigating the crisis by trying to balance making their systems easily accessible to remote employees, and ensuring that access is as secure as possible. Hence, cybersecurity professionals will have to determine how to focus on both simultaneously.

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Sneha Bokil is a Senior Editor with OnDot Media. She writes editorials on an array of topics ranging from IoT, AI, ML, and cloud computing, among others. She has over 9 years of experience in the field of content creation, where she has written on technology, both enterprise and consumer, and finance.