U.S. Firms Embrace Hybrid Clouds — While Watching Costs
Information Services Group (NASDAQ: III) has released a report showing a significant shift towards private and hybrid cloud solutions among U.S. enterprises. As costs rise, companies are adopting FinOps frameworks to better manage cloud expenses, promoting efficiency and ROI. The report highlights that many firms use hybrid cloud strategies to enhance marketing through advanced data analytics. It evaluates the capabilities of 58 providers, naming Ensono, Kyndryl, and Rackspace as leaders. The trends indicate that managed cloud services are on the rise, reflecting a growing focus on cost optimization and operational agility.
- Increasing adoption of FinOps frameworks to manage and optimize cloud costs.
- Hybrid cloud strategies allow enterprises to enhance marketing through better customer data analytics.
- The report identifies several market leaders in cloud services, indicating competitive strengths.
- None.
As more enterprises move to the cloud for agility and savings, FinOps frameworks to control cloud costs are gaining traction, ISG Provider Lens™ report says
The 2022 ISG Provider Lens™ Next-Gen Private/Hybrid Cloud Data Center Services and Solutions report for the
To use the cloud more intelligently, many advanced enterprises are also adopting frameworks to track and optimize cloud computing activity throughout their organizations, the report says. These frameworks are based on the principles of FinOps, a way of looking at cloud-based operations through a financial lens, which is fast gaining traction. FinOps is designed to reduce cloud costs, which in some cases have ballooned as different departments pursued separate cloud initiatives.
“Private and hybrid clouds can make enterprises more efficient, but to maximize return on investment, companies need to coordinate and optimize their cloud strategy,” said
A FinOps framework provides a holistic view of cloud implementations across an organization and is a way for each department to justify and optimize its own cloud use, the report says. This helps identify and remove inefficiencies, such as by consolidating small, departmental Microsoft 365 implementations.
Many
“Moving to the cloud makes it easier for companies to implement next-generation data analytics platforms,” said
The report also quantifies the growth of managed cloud services in the
The 2022 ISG Provider Lens™ Next-Gen Private/Hybrid Cloud Data Center Services and Solutions report for the
The report names Ensono, Kyndryl and Rackspace Technology as Leaders in two quadrants. It names Accenture, Capgemini, Cognizant, CoreSite, CyrusOne, Cyxtera, DataBank, Digital Realty, Equinix, HCL, Hexaware, Infosys, LTI, Lumen, Mphasis,
In addition,
Customized versions of the report are available from Hexaware and Unisys.
The 2022 ISG Provider Lens™ Next-Gen Private/Hybrid Cloud Data Center Services and Solutions report for the
About ISG Provider Lens™ Research
The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across
A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.
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FAQ
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