Spot by NetApp Survey Shows Organizations Continue to Prioritize Cloud Optimization, but are Still Experiencing Challenges
NetApp® (NASDAQ: NTAP), a global, cloud-led, data-centric software company, today announced the results of the annual Cloud Infrastructure Report based on a survey of public cloud business and IT decision makers. The report from Spot by NetApp, continuing the annual survey previously conducted by CloudCheckr following its acquisition by NetApp, highlights the current state of cloud management and how organizations are working to optimize their environments.
A key trend surfaced in the report highlighted that while companies continue to accelerate cloud adoption, many do not believe they are effectively optimizing their infrastructure. Businesses are addressing this through the development of internal programs such as Cloud Centers of Excellence (CCoEs) and FinOps, cloud purchase commitments, tools, and external help (e.g., managed service providers). While several respondents indicated that they are still maturing in these areas, those that have successfully deployed and scaled programs report improved agility, efficiency, and governance in their cloud journey.
“The results highlight that while companies have rapidly adopted cloud, IT continues to look for ways to increase the value and ROI of its cloud investments,” said Anthony Lye, Executive Vice President and General Manager, Public Cloud Services at NetApp. “Organizations also make it clear that cloud cost, security, automation, and resource optimization will remain key concerns. Cloud-centric companies most likely to succeed will implement the right strategies, technology solutions and partner relationships to help manage costs and reduce complexity.”
Key Findings from Spot by NetApp’s 2022 Cloud Infrastructure Report:
Cloud and cost management is still a work in progress
- Confidence in visibility into public cloud costs has dropped in the past year; 21 percent were “very” confident in 2022, down from 31 percent in 2021.
- 62 percent of respondents will focus on cost management in 2022.
- 96 percent say FinOps is important to cloud success, but only 10 percent have a mature FinOps practice.
As investment in public cloud infrastructure deepens and the number of cloud users matures, there must be careful consideration of the business value gained from these resources. The continued focus on improving cost management this year—and the role of FinOps to help do this—is even more critical for larger enterprises.
Managing cloud operations in 2022 will grow in scope
- 2022 transformation goals include increasing the use of cloud technology (63 percent), migrating additional services to the cloud (52 percent), and optimizing cloud costs (50 percent).
- 90 percent report they have or plan to have a Cloud Center of Excellence (CCoE).
- 61 percent of those who currently have a CCoE say that their responsibilities will grow in 2022.
Enterprises must continue to take steps even after migrating to the cloud to optimize their cloud investment. Those with a more mature CCoE practice reported seeing greater benefit and value compared to those with less established CCoEs.
MSPs play a key role in cloud operations
- 71 percent use an MSP for their cloud operations.
- 100 percent of companies that work with an MSP for cloud operations say that they have benefited from that relationship.
- 83 percent of companies that work with an MSP for cloud operations rely on them for their FinOps practice.
When MSPs take a more significant leadership role in operating their clients’ cloud environments, IT organizations report seeing greater value. This reflects the impact of MSPs’ investments in developing their cloud operational services, such as cost optimization, security, compliance, and asset management.
In February 2022, an online survey was sent to independent sources of IT and business stakeholders responsible for public cloud infrastructures such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud. A total of 305 respondents completed the survey. Participants represented a wide range of roles, company sizes, industries, and job levels. Certain questions were repeated from similar 2017, 2019, and 2021 studies to investigate changing trends.
NetApp is a global, cloud-led, data-centric software company that empowers organizations to lead with data in the age of accelerated digital transformation. The company provides systems, software and cloud services that enable them to run their applications optimally from data center to cloud, whether they are developing in the cloud, moving to the cloud, or creating their own cloudlike experiences on premises. With solutions that perform across diverse environments, NetApp helps organizations build their own data fabric and securely deliver the right data, services and applications to the right people—anytime, anywhere. Learn more at www.netapp.com or follow us on Twitter, LinkedIn, Facebook, and Instagram.
NETAPP, the NETAPP logo, and the marks listed at www.netapp.com/TM are trademarks of NetApp, Inc. Other company and product names may be trademarks of their respective owners.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220512005238/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
ReNew Repays More Than $1 Billion to Offshore Bondholders in FY202328.3.2023 16:02:00 CEST | Press release
ReNew Energy Global Plc (“ReNew” or “the Company”) (Nasdaq: RNW, RNWWW), India’s leading clean energy company and a preferred decarbonisation partner, announced on Tuesday that it has repaid more than $1 billion to its offshore bondholders in FY 2023. The amount repaid includes the most recent amortisation of $180 million this month. “In today’s fast-paced global business environment, firms must be very strategic in financing for the growth initiatives,” said Kedar Upadhye, CFO of ReNew. “As ReNew and India lead the global energy transition, we have continued to mitigate refinancing risk without diminishing the company’s growth capital.” Over the past fiscal year, the Nasdaq-listed company refinanced $525 million in the domestic markets ahead of the March 2024 maturity, in addition to repayment of $300 Million from its internal cash flow accruals. Post this refinancing, asset-backed bonds worth $325 million would be due for repayment in FY2025, while the rest of the dollar bonds worth
Monstarlab Holdings Inc. Becomes Independent Publicly Traded Company, Begins Trading on Tokyo Stock Exchange28.3.2023 16:01:00 CEST | Press release
Monstarlab Holdings Inc. (TYO: 5255), a global digital transformation consultancy leader, specializing in end-to-end enterprise-level digital solutions, celebrated its debut as a public company today. CEO, Hiroki Inagawa, joined senior leadership, company employees and investors to ring the Opening Bell at the Tokyo Stock Exchange Growth Market. This announcement provides the springboard for further growth and enhances Monstarlab’s presence in the United States, Canada and Colombia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230327005735/en/ CEO Hiroki Inagawa with the Monstarlab senior leadership team at the Tokyo Stock Exchange. (Photo: Business Wire) Monstarlab, founded in 2006, brings its specialized approach of human-centered design coupled with digital strategy and optimization to a broad set of clients all over the world. The company has a long history of delivering results for leaders across a myriad of industrie
The Drive to Silicon Carbide: Amkor Expands Power Solutions for Automotive Electrification28.3.2023 16:00:00 CEST | Press release
Amkor Technology, Inc. (Nasdaq: AMKR), a leading outsourced semiconductor assembly and test (OSAT) provider, is pioneering the utilization of silicon carbide in automotive power packaging. Amkor has a proven record of leadership in applications for automotive semiconductors, including body electronics and connectivity, vehicle controls, ADAS, and infotainment. For power conversion, Amkor offers a broad portfolio of solutions in discrete, integrated, and modular power. As the demand for electrification, renewable energy, and efficient power delivery continues to grow, Amkor is focusing increased effort on silicon carbide as it becomes a key candidate for material of choice in automotive and industrial power solutions. There is a technological shift away from conventional silicon-only power solutions because of the proliferation of high switching power, high operating frequency applications. And that’s where silicon carbide excels. Wide bandgap materials like silicon carbide are tremendo
RoboSense M Series LiDAR Achieved AEC-Q100 Certification Issued by SGS28.3.2023 15:10:00 CEST | Press release
RoboSense, a world-leading provider of Smart LiDAR Sensor Systems, received the AEC-Q100 certification and reliability test report issued by SGS (SGS-CSTC Standards Technical Service Co., Ltd.). SGS is the world's leading testing, inspection and certification company. RoboSense M Series LiDAR have become the only AEC-Q100 qualified LiDAR scanner products worldwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230328005618/en/ RoboSense M Series LiDAR have become the only AEC-Q100 qualified LiDAR scanner products worldwide. (Photo: Business Wire) Automotive-grade reliability and passing safety certifications are basic standards for measuring LiDAR maturity. The achievement of passing the AEC-Q100 certification denotes that the RoboSense LiDAR MEMS mirror module meets automotive-grade application requirements and provides practical safety guarantees for M Series LiDARs. It also means that RoboSense is in thorough partnership
GE Lighting, a Savant Company, Switches from SAP ChaRM to Rimini Watch™ for Change Management, Achieves Operational Efficiency and Uses Savings to Fund Innovation Projects28.3.2023 15:00:00 CEST | Press release
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced that GE Lighting, a Savant company, a market leader in residential lighting products and smart home, has selected Rimini Watch™ for Change Management, replacing SAP Change Management (ChaRM) after determining a need for more flexibility and value from its change management system. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230328005023/en/ GE Lighting, a Savant company, achieves operational efficiency and cost savings by switching from SAP ChaRM to Rimini Watch. (Photo: Business Wire) GE Lighting, a Savant Company, Reduces Redundancy and Increases Efficiency with Rimini Watch™ When evaluating potential solutions, GE Lighting, a Savant company, reviewed four main criteria for its new ch
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom