Almost half of those (15% total) budget more than $10 million a year for multi-cloud initiatives, and 6% expect to spend more than $50 million annually. Of respondents adopting multi-cloud, more than a quarter (27%) are budgeting less than $100,000 on their efforts, while almost a third (33%) plan to spend more than $2 million a year. » How Much Are Companies Actually Spending on Cloud? We get a clearer picture by using the survey results to follow the money. Ironically, perhaps, the bigger the organization's cloud budget, the more likely the company was to overspend. But contrary to conventional wisdom, COVID-19 was not the primary driver of the busted cloud budgets - the biggest reason was shifting priorities. ![]() The survey also revealed the complexity of tracking and controlling cloud spending, as 39% of respondents said their organization overspent their cloud budgets in 2020. Respondents from North America were the biggest cloud spenders, with 40% dropping more than $2 million a year on the cloud. A third of software and services companies spent less than $100,000 a year on the cloud, while more a quarter (27%) of telcos spent more than $10 million a year. Cloud budgets also varied by industry and location. But while only 42% of financial services companies voiced cloud cost concerns, 60% of entertainment and media respondents did so. According to the inaugural HashiCorp State of Cloud Strategy Survey, companies are investing big money in their multi-cloud efforts - but not always in the ways you might expect.įor example, while just over half of the survey’s 3,200+ respondents said cost was a primary cloud inhibitor, more than a quarter cited potential cost savings as a driver of cloud adoption. Henri L.F.If you want to know what companies really care about when it comes to cloud and multi-cloud, it helps to pay attention to how they’re actually spending their cash.Roberto Verdecchia, Research Associate, Faculty of Science, Software and Sustainability (S2).Patricia Lago, Professor in Software Engineering and Sustainability, Faculty of Science.The combination can help achieve cloud sustainability. With this project, we aim at uncovering tactics that combine technical software solutions for distributed clouds (from computer science) and novel business- and behavioral models for the built environment (from economics). Sustainable cloud environments require well designed built environments, allowing the seamless software-enabled placement of data and computational tasks to follow time, space, and energy. In fact, only by acknowledging the socio-economic implications of the strategic digital cloud placement, and applying spatial economics tactics, the sustainable development of distributed clouds can be supervised, guided, and in the end successfully achieved. While the sustainable disaggregation of data centers was classically considered as a purely software engineering challenge, it is no longer negligible that the problem is also of an urban sustainability nature. This implies that, to keep hyperscale data centers running, green resources have often to be taken away from other consumers, such as other industrial sectors, or private entities. ![]() ![]() Current solutions rely on utilizing green energy resources to keep the classic centralized hyperscale data centers running. How to evolve digital infrastructures so that the cloud becomes sustainable, is a crucial problem that needs to be addressed. There is significant concern about the steep global growth of the datacenter industry and the related energy footprint.
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