Many of today’s top tech companies are increasingly turning to the cloud to address today’s business needs. And a new report from Digital Realty explores the potential of the hybrid cloud, which according to the report, has emerged as a way to drive down IT costs and provide greater agility and speed when embracing new business opportunities.
With the potential stemming from new technology like machine learning, AI, big data and more, tech companies continue to make up one of the fastest growing industry segments.
According to Digital Realty, their adoption of digital technologies is a critical factor behind their growth.
But there may be a caveat. According to the report, “they have a long way to go when it comes to specific digital transformation (DX) initiatives.”
Digital realty continues, “Furthermore, tech companies face significant headwinds such as new data privacy regulations, cyber and insider security threats and IT skill shortages.”
To address these threats, many tech businesses are turning to the cloud, and often the hybrid cloud.
Again, a big factor behind the aforementioned growth in the tech sector is the increase in adoption of innovative digital technologies, like AI, the Internet of Things (IoT), and cloud services.
The report explores the business challenges facing these high-tech companies, which include:
- Struggling with digital transformation
- Increasing scrutiny of data privacy
- An evolving cyber threat landscape
- Malicious and negligent insider threats
- Recruiting and retaining top talent
The report asserts that tech companies can leverage the cloud to “leapfrog business challenges.”
In fact, Digital Realty has this to say: “In response to these business challenges, tech companies are turning to the cloud for answers. The earliest adoption of cloud technologies largely revolved around the ability to acquire inexpensive compute and storage resources, but that has changed in recent years.”
Many organizations—including tech businesses—are coming to the realization that public-only cloud models are not always the best way to meet their compute and storage infrastructure business requirements. Instead, they are embracing hybrid multi-cloud architectures that concurrently utilize private and public cloud deployments. — Digital Realty
Leveraging public and private cloud services, digital innovators are turning increasingly to the cloud as the platform for enabling AI, IoT, and much more.
Download the new report, “High-tech Companies Tackle Business Challenges with Hybrid Cloud,” courtesy of Digital Realty, that explores how the hybrid cloud can provide tech companies with the means to address today’s IT and DX challenges.