Why 76% of companies are adopting multicloud and hybrid cloud approaches

Description: Over time, cloud provider differentiation has moved beyond basic compute and storage and into higher-level managed services. In fact, according to 451 Research’s Voice of the Enterprise: Cloud, Hosting & Managed Services, Vendor Evaluations 2020 survey, a large majority – 76% – of companies are using two or more public clouds, with the average having 2.3 clouds in use. For larger organizations, these figures are even higher: those with more than $1bn in revenue are twice as likely to be using three or more clouds than smaller businesses.