Analyst report Flexera: 2024 State of the Cloud Report
By / 9 Sep 2024 / Topics: Cloud cost optimization Featured Software Asset Management (SAM)
The Flexera 2024 State of the Cloud Report sheds light on cloud computing trends and the pressures facing IT professionals and the strategic initiatives they’re utilising to remain competitive in today’s dynamic and evolving landscape.
The Flexera State of the Cloud survey tapped 753 technical professionals and executive leaders worldwide in the winter of 2023. The network includes professionals across industries and context areas.
Report highlights
51%
have a FinOps team to advise, manage or execute cloud cost optimisation strategies
89%
of organisations embrace multi-cloud.
59%
of respondents use multiple public clouds.
The Flexera 2024 State of the Cloud Report reveals:
- Organisations are embracing hybrid cloud
- Public cloud adoption continues to accelerate
- SaaS adoption is at an all-time high, as are SaaS governance challenges such as cost management
- Organisations are taking a centralised approach to the cloud
- Top challenges are spend, security and expertise
- AWS and Azure continue to battle for the lead
- AI/ML has not yet taken flight, but experimentation is high
- When asked to prioritise cloud cost optimisation and sustainability, companies overwhelmingly prioritise cost optimisation.
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