Survey Finds 70% of Companies Have Accelerated Cloud Migration in Last Year

It’s no mystery that the pandemic has caused a shift to remote work, spurring the evolution of cloud migration and a cloud-first IT infrastructure era. Almost 70% of companies have advanced their cloud migration over the past 12 months.

Experts expect that the percentage of companies with most or all IT infrastructure in the cloud will jump from 41% to 63% in the next 18 months. In addition, 60% agree that cloud capabilities helped them achieve increased and sustainable revenue in the last year. Consequently, organizations plan to allocate an average 32% of their IT budgets to cloud strategy.

These statistics come from the 2022 Cloud Computing Survey from Foundry (formerly IDG Communications). See the slideshow above for snippets from the report. It represents the practices and opinions of 850 IT decision-makers (ITDMs) who are instrumental in the purchase process for cloud computing and whose organization has, or plans to have, at least one application or a portion of their infrastructure in the cloud.