Enterprises and SMBs are flocking to the cloud in 2022 for a variety of reasons, with no slowdown in sight. This is despite businesses reporting being overbudget for cloud spending by 13 percent on average, according to according “2022 State Of The Cloud” report.
Although organizations are spending more on the cloud than they budgeted, businesses are expecting to spend nearly 30 percent more in the cloud in 2022 compared with 2021.
The top cloud challenges for businesses in today’s market is managing cloud spending, cybersecurity, and a lack of resources and expertise.
These are just a few of the results from new cloud report that surveyed over 750 cloud decision-makers with most respondents in director, manager, architect and executive roles.
According new report sheds light on just how important cloud adoption and transformation are for most organizations as well as the biggest public, private and multi-cloud trends in the market today.
“To maintain their pace of digital transformation, organizations must have the cloud play a significant role in their strategy,” said Brian Adler, senior director of cloud market strategy, in the report. “The cloud helps enterprises scale, be more agile, increase revenue and achieve business goals. We‘ve seen that cloud adoption has been expanding for the past few years, with a great acceleration by the pandemic. However, in the post-pandemic world that we’re shaping, we’re seeing new trends coming into focus.”
Given its central role in the future enterprise, research firm IDC forecasts total worldwide spending on cloud services, the hardware and software components underpinning the cloud supply chain, and the cloud services opportunities to surpass $1.3 trillion by 2025, with a compound annual growth rate of 16.9 percent.
“2022 State Of The Cloud” report surveyed a panel of 753 technical and business professionals from around the world, with a focus in the U.S. and spanning a broad cross-section of organizations, who shared insight into their adoption of cloud infrastructure and services. Most respondents are cloud decision-makers and users from organizations ranging from 100 employees to more than 10,000 employees.
CRN breaks down eight of the biggest cloud trends based on data and figures from the 753 cloud decision-makers surveyed in new report.