Mike Walls, Datacom's director of Cloud for ANZ, emphasized that "Modernising technology that leverages cloud is a strategy organisations are using to drive cost efficiency while enabling the growth of new digital experiences." This indicates an overall shift towards using cloud technologies as a foundation for operational resilience and growth during times of economic uncertainty.
Datacom's research indicates that Australian businesses are increasingly adopting a 'circling-the-wagons' mindset. With economic pressures at play, they are adopting a selective approach to technology spending and focusing on risk management and low-cost growth opportunities rather than pursuing advanced innovations.
Despite the evolving landscape, with only 33% of Australian organisations having a hybrid cloud strategy, there's a need for many to catch up to emerging best practices in cloud adoption. The complexity of cloud environments, including systems migration and compliance, requires a nuanced approach.
Walls notes that the challenges of cloud environments include systems migration, governance, provisioning, compliance, and cost. This complexity drives Australian businesses to seek detailed and thoughtful strategies in their cloud workload management.
#technology-investment #cloud-strategy #economic-uncertainty #digital-transformation #it-market-growth
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