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Cloud-first mentality dominates: Respondents’ organizations will invest almost a fifth of the IT budget in cloud in the next two years and nearly 70 percent use, or plan to use, two or more cloud providers.
Mountain View, CA, October 25, 2017 – Veritas Technologies, a leader in multi-cloud data management, today announced the results of a global survey spanning thirteen countries indicating that the majority of global organizations (56 percent) operate with a cloud-first mentality when it comes to deploying new applications and managing workloads. Only one percent of organizations reported that they will not be adopting cloud over the next two years. However, the study reveals that significant misconceptions exist on the responsibility for data management, with 69 percent of organizations wrongfully believing data protection, data privacy and compliance are the responsibility of the cloud service provider.
The Truth in Cloud study, commissioned by Veritas and conducted by Vanson Bourne, surveyed 1,200 global business and IT decision makers revealed that customers are embracing the multi-cloud as a key component of their business strategies. Within the survey, customers indicated they use a variety of cloud service providers, including public clouds and hosted private clouds. With respect to Infrastructure as a Service (IaaS) specifically, over two-thirds (67 percent) of organizations state they use, or plan to use, two or more cloud providers. Forty-two percent say they are using, or plan to use, three or more cloud providers, with common goals of improving resiliency and data security as well as reducing capital expenditures (Capex) and operating expenses (Opex).
As customers embrace the cloud, the research explores three key areas of focus: misconceptions of data management in the public cloud, rise in multi-cloud adoption and future cloud trends.
Misconceptions of Data Management in the Public Cloud
Although organizations are adopting a multi-cloud approach, the research shows that when it comes to public clouds specifically, there are likely misconceptions around which party holds the ultimate responsibility for data management: the customer or the cloud provider.
Key findings include:
“Our legal teams reviewed contracts from multiple public cloud service providers to help Veritas understand what customers and cloud service providers are responsible for with respect to data management in the public cloud,” said Mike Palmer, executive vice president and chief product officer, Veritas.
“Despite customers’ belief that cloud providers hold the responsibility of data management, cloud service provider contracts usually place data management responsibility on customers. Our research backed up our assumptions that the primary responsibility for data management lies with the customer,” Palmer added. “Veritas fully embraces a multi-cloud approach and is partnering with many leading cloud service providers to help customers manage and extract maximum value from their applications and data.”
Rise in Multi-Cloud Adoption
The Truth in Cloud research also shows that on average, organizations are using, or plan to use, multiple cloud platforms, ranging from public clouds to hosted private clouds. However, many organizations continue to face challenges getting to the cloud regardless of whether it is a public cloud or a hosted private cloud. The common barriers are:
Currently, 75 percent of organizations work with an IaaS public cloud provider and surprisingly, 16 percent of respondents say that they use, or plan to use, five or more cloud providers. Respondents stated that data privacy, security and compliance, workload performance and uptime are the top deciding factors impacting cloud provider selection.
Future Cloud Trends
According to the study, IT spending on cloud technologies, including public cloud providers, is expected to rise from 12 percent in 2017 to 18 percent within the next two years. The trend is likely to continue and increase, as more than half (58 percent) of organizations that currently use one cloud provider indicate they plan to expand their portfolio across multiple cloud platforms.
“As more companies embrace a cloud-first mentality, the need to navigate the complexities of a multi-cloud world is critical. As with on-premises environments, customers should consider all aspects of data management as they journey to the cloud, from data protection, compliance readiness, and workload portability to business continuity and storage optimization,” added Palmer.
Find out how your organization can achieve more with multi-cloud data management by visiting the Veritas cloud solutions page, blog and video blog.
Vanson Bourne is an independent specialist in market research for the technology sector. For more information, visit www.vansonbourne.com
Veritas Technologies empowers businesses of all sizes to discover the truth in information—their most important digital asset. Using the Veritas platform, customers can accelerate their digital transformation and solve pressing IT and business challenges including multi-cloud data management, data protection, storage optimisation, compliance readiness and workload portability—with no cloud vendor lock-in. Eighty-six percent of Fortune 500 companies rely on Veritas today to reveal data insights that drive competitive advantage. Learn more at www.veritas.com or follow us on Twitter at @veritastechllc.
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