UPDATED 09:00 EDT / JULY 12 2018

CLOUD

Most enterprises will re-evaluate their cloud strategies for the multicloud era

As large enterprises increasingly adopt multiple cloud computing platforms to host business critical software applications, almost three quarters of them are planning to re-evaluate their cloud strategies or implement an entirely new one.

That’s according to a new survey conducted by Forrester Research Inc. on behalf of Dell Technologies Inc. company Virtustream Inc., released today.

The survey describes how shifting business priorities are increasingly pushing enterprises to adopt what is called a multicloud strategy. The strategy sees companies adopt a range of public and private cloud platforms to host different information technology workloads based on each one’s specific needs.

Forrester quizzed 727 cloud technology decision makers at companies with more than 1,000 employees for the study, finding that 86 percent of those organizations already have a multicloud strategy in place today. Those companies said they see innovation and performance as the leading metrics of success above costs. In addition, more than 60 percent have already moved or are moving their mission-critical applications to public cloud platforms.

Those companies are also spending massive amounts of money on the cloud too. Almost half reported spending at least $50 million per year on cloud platforms, and that figure is likely to rise as the vast majority of survey respondents said they’ll maintain or increase their investments over the next two years.

screenshot_2018-07-09-forrester-and-virtustream-pptx

Multicloud strategies are being pursued due to a need for greater operational efficiency, 42 percent of enterprises said.

“No single cloud platform meets all enterprise workload requirements,” Forrester said in the report. “As a result, enterprises are leveraging multiple public and private clouds for different application workloads, with performance cited as the top consideration for most enterprises when matching workloads with cloud environments, outranking even compliance and security.

Respondents cited a number of other benefits to a multicloud strategy, including improved IT infrastructure management and flexibility (cited by 33 percent), better IT cost management (33 percent) and improved security and compliance (30 percent).

The study also found that enterprises are increasingly placing a big value on the level of help and support that cloud platforms can provide.

Image: Stokpic/pixabay

A message from John Furrier, co-founder of SiliconANGLE:

Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE’s Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities.

  • 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more
  • 11.4k+ theCUBE alumni — Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network.
About SiliconANGLE Media
SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios — with flagship locations in Silicon Valley and the New York Stock Exchange — SiliconANGLE Media operates at the intersection of media, technology and AI.

Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.