THE MULTI-CLOUD MAZE: 5 principles for success
Just as virtualization revolutionized IT infrastructure, the rise of the cloud has changed the playing field again.
Organizations must now grow and pivot with previously unimagined agility. Enticed by the promises of the cloud, businesses of all sizes are racing toward digital transformation. A recent Prophet report says that market pressures are the leading drivers of digital transformation as most eforts are spurred by growth opportunities (51%) and increased competitive pressure (41%)1 . High-profile data breach scandals and new regulatory standards like GDPR are also providing impetus for organizations to transform (38%). This is supported by spend data. According to IDC, overall spending on cloud IT infrastructure will grow at a 10.9% CAGR, and by 2022 will surpass spending on non-cloud IT infrastructure.