by Angela Guess

According to a recent press release, “RightScale® Inc., a demonstrated leader in enterprise universal cloud management, today announced the results of the RightScale 2018 State of the Cloud Survey. In its seventh year, the RightScale State of the Cloud Survey includes 997 technology professionals at large and small enterprises across a broad cross-section of industries. The survey results are available in the RightScale 2018 State of the Cloud Report, which can be downloaded at www.rightscale.com/2018-cloud-report. ‘The RightScale 2018 State of the Cloud Survey showed that enterprise cloud spending will grow rapidly over the next year, and yet 35 percent of cloud spend is wasted. As a result, optimizing clouds costs is the top initiative for cloud users in 2018,’ said Michael Crandell, CEO of RightScale. ‘Multi-cloud continues to be the preferred strategy for enterprises, with companies reporting that they use nearly five different clouds on average. With this multi-cloud approach, Azure is now nipping at AWS’ heels and, in fact, is in a dead heat with AWS among enterprises that are just beginning their cloud adoption’.”

The release goes on, “Key highlights from the RightScale 2018 State of the Cloud Report include: Average enterprise cloud spending increases: For enterprises (companies with more than 1,000 employees), 26 percent say they spend more than $6 million a year in the public cloud. Another 26 percent say they spend between $1.2 million and $6 million a year. Enterprises plan to grow public cloud spend: 20 percent of enterprises (companies with more than 1,000 employees) plan to more than double public cloud spend. An additional 17 percent plan to increase cloud spend 50 to 100 percent. Overall, 71 percent of enterprises will grow public cloud spend more than 20 percent.”

Read more at Business Wire.

Photo credit: RightScale