Month: November 2022

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Research: Enterprise Spending is Shifting to Cloud 451 Research has released a new report that examines IT budget trends. It finds that enterprise spending on managed hosting and cloud services is growing faster than overall spending. The study found that Microsoft Azure and Amazon Web Services Inc. (AWS), clouds are being adopted by the largest proportion of respondents to its survey. However, nearly half of those responding are choosing a provider other than the top 10 industry leaders. These findings were highlighted by 451 Research today in its recent for-pay report, Voice of the Enterprise: Hosting, Cloud Managed Services and Budgets, as well as other information. Many other reports indicate that AWS is the clear cloud leader. Azure is its main competitor, experiencing faster growth and greater market penetration in some niches. 451 Research also found the same. 451 Research released a statement today saying that AWS and Azure lead respondents’ budget allocations by a substantial margin. AWS (24.8%) was ahead of Azure (20.2%) by several percentage points. “Respondents plan to increase spending for both these vendors on average.” Several other vendors are also planning to increase spending, including managed hosting and public cloud vendors. “However, customers’ plans to increase spending on any vendor’s trail hosting and cloud spend increases overall, suggesting enterprises will spread their growing hosting or cloud services budget over a wider range of providers over time. According to the researcher, the main factors that drive organizations to increase their cloud/hosting spend vary by company size. These drivers are:

Migration of workloads from on premises environments to the cloud Business growth requires the addition of new resources. New IT initiatives Businesses purchase…

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