Despite the Cloud’s Value, Funds Are Often Wasted
Despite the Cloud’s Value, Funds Are Often Wasted
Nearly all organizations are investing in the cloud, but a lot of this funding is wasted. Find out what IT organizations are doing to address this problem.
All In
95% of the IT professionals surveyed said their organization in investing in cloud-based solutions.
Options Menu
67% said their organization has adopted a hybrid cloud strategy, while 22% said their company is investing in the public cloud exclusively, and just 5% are focused strictly on the private cloud.
Labor Division
On average, the IT pros surveyed said 41% of their company’s workload is in the public cloud, 38% is in the private cloud and 21% isn’t in the cloud at all.
Biggest Cloud Benefits
Faster access to infrastructure: 62%,
Greater scalability: 61%,
Higher availability: 56%,
Quicker time to market: 51%,
Business continuity: 40%
Cloud-Related Tasks for IT
Selecting public clouds: 65%,
Deciding which apps go to the cloud: 63%,
Selecting private clouds: 63%,
Building private clouds: 59%,
Setting policies for cloud use: 58%
Top Priorities, Part I
70% of the IT pros said that finding out what benefit their company wants to achieve from cloud initiatives is a top governance priority, while 56% cited the need to come up with security policies for the cloud.
Top Priorities, Part II
53% said establishing a timeline for the implementation of a cloud strategy remains a top governance priority, while 50% cited the need to decide which apps should go to the cloud.
Cloud Challenges
Lack of resources and expertise: 25%,
Security issues: 25%,
Management of cloud spend: 25%,
Compliance: 23%,
Governance and control: 23%
Significant Loss
On average, the IT pros surveyed said their organization wastes 30% of its cloud spend.
Thrifty Thinking
52% said they are monitoring cloud utilization and “right size” instances to get the most out of their cloud spend, and 38% said they are automating the shutdown of temporary work loads.