A report from Flexera showed that 73% of organizations are moving toward hybrid cloud solutions rather than relying fully on cloud solutions. This represents a 3-percentage-point increase year over year.

So why are we going toward this adoption? In this article we’re going to showcase the key Whys.

For the past five years, estimated wasted cloud spend on IaaS and PaaS has been decreasing, but this year it has risen slightly to 29%, and wasted Cloud software spend inched up 1 percentage point, perhaps as a result of the increased cost complexity brought on by AI and new PaaS/SaaS offerings.

Though, provider discounts offer organizations valuable opportunities to optimize budgets and reduce overall expenses.

Still, fewer than half of organizations are utilizing any one commitment discount per cloud provider. This may be due to the complexity and time required to manage commitment-based savings.

And that made space for new startups to emerge and solve this problem, like MilkStraw.
MilkStraw lets companies access the discounts of 3-year AWS Savings Plans without committing to a long-term contract themselves.

In addition, A report from IBM showed that Chief information officers (CIOs) and chief technology officers (CTOs) are being asked to deliver higher performance, lower cost and faster innovation

Conversely, some organizations intentionally adopt hybrid or multi-cloud strategies to optimize workload placement.

Responding to geopolitics, regulation and governments introducing localization requirements, companies are refining their infrastructure to comply.

A report from pwc showed that 94% of organizations plan to adjust and expand their cloud architecture and coverage, driven by scale, flexibility, and sovereignty.

Companies start to adopt multi-cloud topologies, so the sensitive and proprietary data that has issues with complying with data protection laws is stored in a private cloud.