Hybrid cloud adoption in the UK and Ireland has surged from 58% in 2022 to 68% in 2023. Despite this growth, 54% of IT leaders report a lack of visibility into cloud spending, complicating ROI assessments. While 82% acknowledge that cloud modernization fosters agility, only one-third fully meet their goals. Concerns over legacy infrastructures persist, as 71% feel outdated technology hinders innovation. Many recognize potential cost savings from cloud migration, but management priorities impede progress. Managed service provider partnerships are increasing, showing potential for better project outcomes and scope adherence.
Organizations are making substantial cloud investments, but without proper cost visibility and optimization, they're essentially flying blind.
The jump to 68% hybrid adoption shows businesses want more control and governance, but that comes with complexity - a challenge that lends itself to a 'FinOps' approach.
Managed service provider (MSP) partnerships jumped from 30% to 40% year-on-year, projects supported by MSPs are 6.6% more likely to achieve all objectives.
By the end of 2027, 90% of organizations will have adopted hybrid cloud, thanks largely to the increasing adoption of AI.
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