Weekly CloudNews: 70% of tech infrastructure will be cloud-based within three years
Welcome to this week’s edition of CloudBolt’s Weekly CloudNews!
Duncan MacRae, CloudTech, October 6, 2022
“Cloud is quickly becoming the corporate norm, and is being used by companies to drive dramatic improvements beyond cost and scalability, including increased innovation, faster time to market and insights, and enhanced cybersecurity. A study by the Hackett Group found that 70% of all technology infrastructure will be cloud-based within two to three years. Typical companies are seeing post-migration reduction in technology infrastructure costs of 12%.
“Other significant benefits include: A 36% increase in developer time devoted to innovation, a 45% reduction in time to market for new product features and functionality, a 53% reduction in the time to achieve actionable insights from data, a total of 44% fewer security and other critical infrastructure incidents, and a 52% average reduction in down-time. Top performers in the study saw even more dramatic benefits, including a 37% reduction in technology infrastructure costs (more than 3x of what typical companies achieved) and an average of 15 percentage points greater improvement across nearly a dozen objectives tracked in the study.” READ MORE
VB Staff, VentureBeat, October 7, 2022
“According to a new study from Wanclouds, 81% of IT leaders say their C-suite has directed them to reduce or take on no additional cloud spending as costs skyrocket and market headwinds worsen. As organizations move forward with digital transformations they set out on at the beginning of the pandemic, multicloud usage is becoming increasingly unwieldy, and costs are difficult to manage across hybrid environments. Furthermore, a wrench has been thrown into IT teams’ plans over the last two quarters in the form of the market tumult. Rising inflation and interest rates, along with fears of a potential recession have put increasing financial and operational strain on organizations. As a result, many companies are reevaluating their digital ambitions as cloud spending is brought under the microscope.
“The report reveals that IT decision-makers are taking action to rein in costs, with 39% noting they’ve decided to move or leave significant cloud consumption and high-performance workloads on premise, and a further 29% noting they’ve switched public cloud providers in the first half of 2022 due to high prices. Visibility and tracking of cloud spending is also being challenged by the industry’s embrace of hybrid and multicloud infrastructure, which can be more complex to manage. For instance, as containers become increasingly utilized as the go-to platform for hybrid cloud strategies, 70% of those implementing Kubernetes say it has increased their overall cloud spending. In addition, only slightly more than 4 out of 10 IT leaders say they have visibility today into costs and consumption across their entire cloud environment.” READ MORE
Nathan Eddy, ITPro Today, October 10, 2022
“Organizations are battling a cloud computing skills literacy gap as they look to further their investments in cloud-based technologies, according to a Pluralsight survey. Cloud security, networking, and data were the top areas where skills gaps persist among technologists, with survey respondents citing budget and time constraints among the chief headwinds preventing them from upskilling. In addition, the report found that nearly a third (32%) of respondents say employers emphasize hiring rather than upskilling, a tactic that could shift as the number of qualified IT professionals looking for employment stays low. The study also indicated upskilling could be a promising method to retain IT talent, with employees 94% more likely to stay with a company that invests in their skill development.
“Of those looking to boost their cloud computing skills, 71% of respondents said they prefer daily or weekly learning opportunities, and 64% said they prefer to learn by doing with hands-on tools such as labs and sandboxes. Cloud learning must start with basic cloud fundamentals, meaning understanding the principles of cloud computing and how they can be applied to the specific organization, Firment said. In fact, the study showed that nearly two-thirds (64%) of technologists are still at the beginning stage of their cloud learning and are looking to achieve basic cloud literacy. Once that baseline is achieved, Firment said technologists should begin diving into specific cloud computing skills, such as cloud security, database management, networking, architecture, and machine learning.” READ MORE
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