Cloud spend is soaring – don’t fall into the value gap

Our increased dependence on cloud over the last 18 months cannot be disputed. With a majority of organizations having benefitted from the technology it is unsurprising that IDC’s latest figures forecast cloud infrastructure spending to grow 12.9 per cent to $74.6 billion for 2021. Yet estimates indicate that nearly a third of organizations’ cloud investment is inefficient, meaning approximately $25 billion is not driving real value for the enterprise.

About the author

Adrian Bradley is Partner and Head of Cloud Transformation for KPMG UK.

As cloud spending increases this value gap is only going to grow.

Source link