Seagate Report: Multicloud Friction Is Tricky, but Winning Companies Know How to Hack It
14 Junho 2022 - 10:00AM
Business Wire
The Multicloud Maturity Report examines
performance in two areas—controlling data costs and scaling
innovation—and offers tips for leveling up
Today’s multicloud is a mix of clouds that don’t communicate
well. As multicloud complexity and the related costs are on the
rise, the friction leads to data lock-in—and the resulting loss of
business value. But it doesn’t have to be that way, says a new
industry report.
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The Multicloud Maturity Report from Seagate® Technology Holdings
plc (NASDAQ: STX)—a world leader in data storage and management
solutions—demonstrates that it is crucial and possible to both
minimize data costs and maximize data-driven innovation in the
multicloud. The report also provides steps organizations can take
to level up.
Drawing on an original global survey of senior IT and business
leaders, commissioned by Seagate and conducted by Enterprise
Strategy Group (ESG), the report constructs a unique Multicloud
Maturity Model. The model shows how organizations navigate the
growing multicloud complexity. It reveals that the most
multicloud-mature companies derive the greatest business
benefits.
Multicloud-mature organizations—ones that best manage cloud
costs and foster innovation with the cloud—outperform their peers
at business. Among other results, they:
- Beat their revenue goals by nearly twice as much as their less
mature counterparts.
- Are 6.3× more likely to go to market months or quarters ahead
of their competition.
- Are almost 3× more likely to report that their organization is
in a very strong business position.
- Are more than 3× more likely to expect their companies’
valuation to increase fivefold over the next 3 years.
“When trying to prove the connection between actions and
outcomes with research, you never really know if your hypothesis
will be borne out,” said Adam DeMattia, senior director of custom
research at ESG. “The report makes it clear that an organization,
by its actions, can move the needle both on cloud costs and
innovation outcomes. What’s unique in this research is how we see
the combination of both taking action on cloud costs and promoting
innovation with cloud operations models can be tied back to a
dramatic impact on the overarching health of the business.”
“The global datasphere doubles in size every three years,” said
Seagate CEO Dave Mosley. “How we treat all this data matters. It
should no longer be acceptable that companies can afford to save
and use only a fraction of their data. The more organization
leaders see data as vital business currency, the easier it will be
for their companies to find a way to greater business value.”
In its report, Seagate offers a data-centric lens on the
multicloud. Invariably, companies that scale successfully are the
ones that put data at the core of all they do. The most mature
multicloud strategies are data-centric strategies. In many ways,
innovation is about eliminating friction that slows down and locks
in data—whether it’s cost- or access-related friction. Multicloud
is, for many organizations, a given. Its many sources of friction
are optional.
How does your organization measure up? Download the
report and answer the questions about data costs and innovation,
making sure to read the recommendations on how to level up.
About Seagate
Seagate Technology crafts the datasphere, helping to maximize
humanity’s potential by innovating world-class,
precision-engineered data storage and management solutions with a
focus on sustainable partnerships. A global technology leader for
more than 40 years, the company has shipped over three billion
terabytes of data capacity. Learn more about Seagate by visiting
www.seagate.com or following us on Twitter, Facebook, LinkedIn,
YouTube, and subscribing to our blog.
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version on businesswire.com: https://www.businesswire.com/news/home/20220614005022/en/
Agnieszka Zielinska agnieszka.zielinska@seagate.com
503-380-0948
Seagate Technology (NASDAQ:STX)
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