According to RightScale’s 2018 State of the Cloud report, 66% of enterprises expect to spend at least 20% more on cloud this year. Ironically, those same expectations are almost certainly wildly off, as a whopping 97% admit to not being able to manage cloud costs. In other words, cloud is an even bigger deal than CIOs believe, because their developers keep pushing workloads into cloud providers.
Sending money to the clouds
It’s hard to turn off the flow of funds to the cloud—it’s simply too convenient. Polling close to 1,000 people, RightScale’s survey revealed that more than 25% of enterprises are now spending $6 million or more each year, with plans to grow that spending considerably in 2018:
More of the TechRepublic article from Matt Asay
