Cloud costs are becoming the number one worry for most enterprises.
According to a poll conducted by cloud optimization specialist, cloud costs management are increasing despite rising concerns about their cost.
The March 2023 ‘State of the Cloud‘ report highlights that lowering cloud expenses has surpassed security as the primary priority for organizations using the technology.
This is understandable given the present economic situation. However, cloud optimization specialist believes that the number of businesses shifting to the cloud will only grow as the economy improves.
According to the poll, Amazon is the preferred cloud storage online backup provider for small enterprises.
Amazon Web Services (AWS) was selected by 71% of respondents. While Microsoft Office 365 parent company Azure was preferred by 51%. Moreover, Google Workspace’s parent company’s Cloud Platform use has declined from 43% to 28%.
Cloud optimization specialists’ 2022 report observed that Azure adoption rates had surpassed those of AWS for the first time. This indicates a close battle between the two. This time, 47% of general respondents chose Amazon for their workloads, while 41% chose Azure.
Adoption rates for Oracle, IBM, and Alibaba have seen a minimal increase. It appears that, from the perspective of many, cloud storage and backup solutions are a two-horse race.
Cloud security worries haven’t gone away entirely. With multi-cloud installations companies spread their cloud costs over various services and providers to supplement security.
Here are some cloud management tips:
The most important takeaway is the friction between organizations investing in the cloud to minimize the expense burden of on-premises solutions. This includes onsite servers while keeping the cost of a cloud stack in mind.
Despite the prominence of multi-cloud, the study highlighted that multi-cloud use has fallen by 2% from 2022. While single public cloud usage has increased by the same amount over the same period. With no end in sight to the financial collapse, it is reasonable to expect that this tendency will continue.