The Cloud Conundrum
As more organizations turn to cloud migration to enhance operational efficiency and drive innovation, global investment in cloud computing continues to rise. In fact, the global cloud infrastructure market service spend exceeded 78 billion USD in the fourth quarter of 2023. The flip side of this narrative, however, is that 50% of companies, despite over half a decade of their cloud journey, have not completed 20% of their cloud adoption. The challenges are multifold.