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Enterprises look to optimize cloud spend as costs grow

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As enterprise cloud spending increases, optimizing existing cloud use for cost savings is the top initiative for organizations for the third year in a row according to a new report from Flexera.

The RightScale 2019 State of the Cloud report was compiled using responses from 786 technology professionals with 58 percent classifying themselves as enterprise customers. 

The report highlighted the fact that 64 percent of organizations still consider optimizing cloud costs as their top initiative which is up from 58 percent in 2018.

When it came to the top growing public cloud services, containers as a service, machine learning, stream processing and serverless took the top spots. 

The use of Docker containers for enterprise workloads continues to grow with adoption increasing to 57 percent from 49 percent in 2018. However, the cloud orchestration tool Kubernetes achieved the fastest growth increasing from 27 percent to 48 percent adoption.

RightScale also found that 84 percent of enterprises have a multi-cloud strategy while 61 percent of small to mid-sized businesses do. Overall, respondents reported that they were using an average of 4.9 public and private clouds.

Flexera's CEO Jim Ryan provided further insight on the report's findings in a statement, saying:

“The data from the RightScale 2019 State of the Cloud Report by Flexera is consistent with what we’re hearing from our C-level customers: managing the rapid increase in cloud use requires new capabilities for cost optimization and IT governance. With multi-cloud as the strategy of choice, most enterprises are already spending over $1 million a year in public cloud. As a result, optimizing costs is the top cloud priority for the third year in a row, and governance is the top challenge.”

Via ZDNet

After living and working in South Korea for seven years, Anthony now resides in Houston, Texas where he writes about a variety of technology topics for ITProPortal and TechRadar. He has been a tech enthusiast for as long as he can remember and has spent countless hours researching and tinkering with PCs, mobile phones and game consoles.