Cloud trends 2023: Cost management surpasses security as top priority

As cloud usage grew over the past decade, one trend among cloud users remained constant: Security held steady as the top challenge for users. That focus is shifting.

For the first time, since Flexera began its annual survey of cloud decision-makers, security was not the top challenge reported by respondents. As revealed in the Flexera 2023 State of the Cloud Report, released on March 8, 2023, 82% of respondents from across all organizations indicated that their top cloud challenge is managing cloud spend, edging out security at 79%.

These shifting challenges may be the result of organizations becoming increasingly comfortable with cloud security, while needing to manage the greater spend associated with their increased reliance on cloud services. Lack of resources or expertise was reported as a top cloud challenge by 78% of respondents, making it the third major cloud challenge for today’s businesses.

flexera 2023 01 Flexera

With nearly half (45%) of respondents indicating that their expected cloud usage and spend is somewhat or significantly higher than planned due to economic uncertainty, the focus on cloud cost management is, perhaps, no surprise. Today’s economic volatility means that, while cloud adoption and spending continue to be strong, businesses are increasingly aware of the associated expenses.

Yet organizations continue to pursue innovative programs and increased revenue. How does this impact their reliance on cloud? This year’s report—Flexera’s 12th annual exploration into the experiences and insights of users of cloud users (public, private, and multicloud)—draws on responses from 750 IT professionals and executive leaders worldwide, representing a broad cross-section of industries and use cases, to illustrate trends in today’s cloud usage experiences.

Here is a look at some of the top cloud trends of 2023, revealing how cost-conscious organizations can help strengthen their digital transformation initiatives.

Copyright © 2023 IDG Communications, Inc.

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