Year 12!
Economic uncertainty is driving a reduction in corporate spending, but the need for innovation and increased revenues remains high—and the cloud represents an engine of innovation. The Flexera 2023 State of the Cloud Report sheds light on the pressures facing IT professionals and the strategic initiatives they’re utilizing to remain competitive in today’s dynamic and evolving landscape.
Report highlights
Here’s a sample of key findings from this year’s report based on a survey of 750 cloud decision-makers and users from around the world. Scroll to find out more.
Organizations embrace multi-cloud
N=750 Source: Flexera 2023 State of the Cloud Report
Public vs. private cloud usage
N=750 Source: Flexera 2023 State of the Cloud Report
What public cloud providers does your organization use?
N=750 Source: Flexera 2023 State of the Cloud Report
Public cloud services used for all organizations
N=750 Source: Flexera 2023 State of the Cloud Report
How is economic uncertainty changing your expected cloud usage and spend?
N=750 Source: Flexera 2023 State of the Cloud Report
What are your organization’s top cloud challenges?
All respondents: N=750, Enterprise: N=627, SMB: N=123 Source: Flexera 2023 State of the Cloud Report
Seeking to control stubbornly high cloud costs, many organizations have or plan to create a cloud center of excellence (CCOE) and build mature FinOps practices. Nearly half of survey respondents indicated their organization plans to move from on-premises software to SaaS, and there’s a small but growing subset of businesses that have moved to just a single cloud provider. AWS and Azure continue to lead the pack of cloud providers, further widening the gap with competitors while maintaining a neck-and-neck competition as market leaders.
You can’t innovate in a digital world without the cloud. Although the threat of economic volatility hasn’t slowed cloud adoption or spending, respondents indicate an acute awareness of costs, as indicated by their prioritization of cost control efforts over security for the first time in a decade. Other means of innovation remain top of mind, with nearly half of respondents experimenting with or planning to use machine learning or artificial intelligence.