TRENDING
EUROPE’ S BALANCING ACT: BUSINESSES ARE SHIFTING TOWARD HYBRID STORAGE
As organisations grapple with rising cloud costs, many are shifting toward a more balanced approach when it comes to storage.
Findings from the third annual Wasabi Global Cloud Storage Index show that 44 % of organisations in the UK are pursuing a hybrid approach by deploying a mix of on-premises and cloud solutions / services.
Conducted by Vanson Bourne, the survey took in 1,600 C-level leadership and managers involved in their organisation’ s cloud storage purchasing process.
Organisations are being unfairly penalised for using and moving their data.
their cloud budgets – in the UK 37 % have exceeded it slightly and 14 % massively over the past year.
This year’ s data explores themes around cloud storage purchase decisions, budgets and billing, data security challenges and utilisation of services for use cases like backup and active archiving.
Among European respondents, cloud storage fees account for nearly half of all cloud billing expenses( 47 %) with the cost of actual stored capacity making up the remainder( approx. 53 %). In large part due to this unfavourable mix, organisations end up exceeding
Germany has indicated the highest level of budget excess at 66 % followed by the Netherlands( 64 %), France( 53 %) and the UK( 51 %). The main reasons for budget excess are misalignment and difficulty forecasting planned and actual usage, combined with fees from various data operations like replication and object tagging.
Forty-four per cent of UK respondents stated that their actual data storage usage and growth was higher than
www. intelligentcio. com INTELLIGENTCIO EUROPE 21