The State of the Cloud: Leveraging Cloud Computing, AI, and Data for Business Success

The State of the Cloud: Leveraging Cloud Computing, AI, and Data for Business Success

Frost & Sullivan Global Cloud Survey 2023 Highlights

RELEASE DATE
28-Nov-2023
REGION
Global
Deliverable Type
Customer Research
Research Code: K96E-01-00-00-00
SKU: IT_2023_351
AvailableYesPDF Download
$4,950.00
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SKU
IT_2023_351
$4,950.00
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Description

According to business respondents to the 2023 Frost & Sullivan Global Cloud User survey, cloud and artificial intelligence (AI) represent the most critical aspects of digital transformation. As such, companies continue to build hybrid, multicloud environments to support strategic business goals, such as revenue growth, rapid response to market demand and disruption, and enhanced sales and marketing effectiveness. In the 12th annual survey of IT decision-makers responsible for cloud implementations, respondents representing a range of industries, company sizes, and global regions share their perceptions, plans, and behaviors related to cloud infrastructure, choice of a public cloud provider, data growth, and managed services.

Notable findings include:

Businesses view hybrid and multicloud environments as critical to business success; 75% of respondents said that a successful, competitive business requires a strategic, seamless hybrid or multicloud environment.

Fifty-six percent of business applications are cloud-native, with 44% remaining in legacy infrastructures. The primary reasons businesses still keep some apps on-premises are due to security, resiliency, or sustainability.

The survey results offer enterprises and IT service providers a glimpse of the near future for the cloud market.

Author: Karyn Price

Table of Contents

Key Findings

Research Objectives and Methodology

Respondent Profile

Business Priorities Require New Technologies

C-Suite Influence on Tech Investments Growing

Security, Compliance, and Costs Top List of Business Challenges

Hybrid and Multicloud Computing at the Heart of Digital Transformation

Legacy Applications Continue to Migrate to the Cloud

Businesses Modernize Applications for Cloud Using Various Methods

Businesses Choose Legacy Infrastructure to Meet Specific Goals

Edge Computing Growth Set to Explode by 2025

Edge Infrastructures Offer Businesses Application Control

Businesses Moving Data-heavy Applications to the Edge

Third-party Partner Use to Grow through 2025

MSPs Offer Planning and Migration Assistance

Benefits of Engaging a Managed Cloud Services Provider

Growth Opportunities Fuel the Growth Pipeline Engine™

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

List of Exhibits

Legal Disclaimer

According to business respondents to the 2023 Frost & Sullivan Global Cloud User survey, cloud and artificial intelligence (AI) represent the most critical aspects of digital transformation. As such, companies continue to build hybrid, multicloud environments to support strategic business goals, such as revenue growth, rapid response to market demand and disruption, and enhanced sales and marketing effectiveness. In the 12th annual survey of IT decision-makers responsible for cloud implementations, respondents representing a range of industries, company sizes, and global regions share their perceptions, plans, and behaviors related to cloud infrastructure, choice of a public cloud provider, data growth, and managed services. Notable findings include: Businesses view hybrid and multicloud environments as critical to business success; 75% of respondents said that a successful, competitive business requires a strategic, seamless hybrid or multicloud environment. Fifty-six percent of business applications are cloud-native, with 44% remaining in legacy infrastructures. The primary reasons businesses still keep some apps on-premises are due to security, resiliency, or sustainability. The survey results offer enterprises and IT service providers a glimpse of the near future for the cloud market. Author: Karyn Price
More Information
Deliverable Type Customer Research
Author Karyn Price
Industries Information Technology
No Index No
Is Prebook No
Keyword 1 Cloud Technology Insights
Keyword 2 Data Analytics Solutions
Keyword 3 Cloud Security Solutions
Podcast No
Predecessor K82D-01-00-00-00
WIP Number K96E-01-00-00-00