Cloud Storage Shows No Signs of Slowing Down

Data stored in the public cloud will increase in 2023(Findings from Wasabi’s 2023 Global Cloud Storage Index)

In 2023, 84% of respondents anticipate spending on public cloud storage to rise.

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Top 3 factors driving an increase in cloud storage expenditures:

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1. IT projects (such as application or infrastructure development or migration)

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2. Initiatives for business (e.g., digital transformation, cloud modernization)

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3. New standards for data security, backup, and/or recovery

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Data stored in the public cloud will increase in 2023(Findings from Wasabi’s 2023 Global Cloud Storage Index)

In 2023, 84% of respondents anticipate spending on public cloud storage to rise.

Top 3 factors driving an increase in cloud storage expenditures:

1. IT projects (such as application or infrastructure development or migration)

2. Initiatives for business (e.g., digital transformation, cloud modernization)

3. New standards for data security, backup, and/or recovery

57% of organizations depend on multiple cloud providers.

41% paid more for data operations than they had anticipated.

According to the survey the top security concern organizations raise is the lack of experience with cloud platforms or proper security training.

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