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Almost every cloud journey is multi-cloud

• 98% of enterprises surveyed are using or plan to use at least two cloud infrastructure providers and 31% are using four or more.
• 96% reported they are using or plan to use at least two cloud application providers (Software-as-a-Service), with 45% using cloud applications from five or more providers.
• This multicloud strategy allows IT departments to meet the specific technology needs of different teams across the organisation.

Data sovereignty and cost optimisation are driving demand for multicloud strategies

• The top two drivers of multicloud strategies in enterprises are data sovereignty (41%) and cost optimisation (40%).
• Other drivers of multicloud strategies include business agility and innovation (30%), best of breed cloud services and applications (25%) and cloud vendor lock-in concerns (25%).
• Multicloud strategies give enterprises more control over where and how their data is stored and used, while also ensuring businesses can control the costs of their cloud operations by adjusting which services they use from different providers.

Enterprise organisations are proactively planning multicloud strategies for the future

• Data redundancy (54%) is the most anticipated future use case, followed by data mobility (49%) and cost optimisation across public clouds (42%).
• IT departments also plan to use multicloud strategies for risk mitigation for the entire IT environment (40%) and geographic expansion or global service delivery (38%).
• The fact that IT departments are planning multicloud strategies shows that they see multicloud as a way to get ahead of their technology needs, instead of simply a tactic to react to crises.

The survey data used in this report was collected by 451 Research, part of S&P Global Market Intelligence, and commissioned by Oracle. The global survey was fielded in the third quarter of 2022 and is based on a cross-industry sample of 1,500 enterprise respondents in North America, Europe, Asia-Pacific, the Middle East, and Latin America.

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info@alexanderash.com Alexander Ash Consulting Ash Consulting.