Despite the rise in cloud services over the past two years, only a minority of enterprises are truly all-cloud.
Indeed, a recent study by Foundry showed that a lot of work on on-premises systems is replaced, dislodged, or shifted into the background. Half of the business executives have reported that their total IT environment is mostly on-premises while only 7% is all cloud. This is mainly due to a severe lack of cloud management skills and expertise.
It is expected that more enterprise will increase their investment in all-cloud over the coming years with 17% of organizations planning to move everything to the cloud. The budget for cloud computing will also grow to enable more resiliency and productivity.
Moreover, 72% of leaders have said that their organisations are defaulting to cloud-based services when upgrading or purchasing new technical capabilities. Hence, IT infrastructure is set to leverage more cloud-based services in the future such as Software-as-a-Service, Platform-as-a-Service, Security-as-a-Service, Infrastructure-as-a-Service, and cloud-based analytics.