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COVID-19 in 2020 has been a huge impetus behind businesses moving to the cloud and pushing forward on digital transformation. Video conferencing is in. Self-managed application infrastructure is out.
A survey of firms with $50+ million IT budgets by 2nd Watch found that the pandemic has caused many of them to accelerate the migration of applications to cloud infrastructure. 43 percent reported increased cloud spending.
Dave Menninger, senior vice president at Ventana Research, said that “86% of organizations expect the majority of their data to be in the cloud. Doesn’t mean it’s in the cloud today, but they expect the majority of their data will be in the cloud at some point in the future About 99% of organizations, expect to do analytics in the cloud and half of them are already doing so. Further, one-third of all organizations’ primary datalink platforms are in the cloud.”
Kevin Samuelson, CEO of Infor, said that “I would say that they will be blown away by how much operational improvement they can achieve by using the latest technologies, and how little risk and time it can take to make that transition. When any company rolls up their sleeves, even for a short period of time to learn about what’s possible, they get pretty excited. I would encourage folks, at a minimum, to take a look at what’s out there.”