Oracle (PH)

Multicloud in the Mainstream. S&P Global Market Intelligence survey, 2023

Published by Oracle (PH)

Multicloud is the new reality in enterprise technology according to a study from 451 Research, part of S&P Global Marketing Intelligence, commissioned by Oracle. The study collected information from 1,500 respondents at enterprises about how they use the cloud within their organization and found that almost every cloud journey is now becoming a multicloud journey.

“The ‘one-stop-shop’ mentality has died when it comes to the cloud. Instead, multicloud is the reality of enterprise technology environments as these organizations seek to get the right mix of solutions and capabilities they need to operate effectively,” said Melanie Posey, research director, Cloud & Managed Services Transformation at 451 Research. “Multicloud is here to stay, and enterprises are choosing this model for the benefits it provides for a range of different business and operational requirements, like business agility or access to best-of-breed technology.” *

Key findings from the study include:

  • Almost every cloud journey is multicloud
  • Data sovereignty and cost optimization are driving demand for multicloud strategies
  • Enterprise organizations are proactively planning multicloud strategies for the future

As managing and connecting multiple clouds can be challenging, this discovery paper outlines the key trends that are anticipated to continue to accelerate—enabling seamless, integrated multicloud experiences. Explore the whys and benefits of multicloud, as well as the current and future use cases in the S&P Global Market Intelligence report.

*Quote is taken verbatim from the Multicloud in the Mainstream. S&P Global Market Intelligence  survey, 2023

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