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33% of company executives “very confident” to operate in public cloud: Report – Times of India

About 33% of executives are “very confident” in their ability to operate in a public cloud environment – an increase from 2022 when only 21% reported feeling very confident, a report has said.
Data storage and management solutions provider NetApp has released 2023 State of CloudOps report that explores the current state of CloudOps and how IT decision makers feel about the ways their organisations are working to optimise their environments.
“Cloud operations is critical to realising the benefits of cloud for infrastructure and applications,” said Puneet Gupta, vice president and managing director, India/SAARC, NetApp.
“This research demonstrates that although organisations face challenges in their cloud operations, they also recognise the importance of investments in areas including automation and FinOps to overcome those challenges,” Gupta added.
Here are the key findings from Spot by NetApp’s 2023 State of CloudOps report:
Cloud operations remain a struggle for IT teams
About 64% of IT decision-makers continue to see security and compliance as the top cloud operations challenge, followed by cost management, which was cited as the top challenge by 60% of respondents. The biggest areas of focus for improving cloud operations continue to be cost management and security, according to 66% of technology executives.
Automation is the key to success in cloud operations
According to the survey, 82% of respondents believe that cloud automation is critical for optimising cloud operations and ROI. About 95% of respondents have already incorporated some automation in their cloud operations and 88% plan to increase cloud operations automation in 2023.
Enterprise teams are embracing FinOps
Despite a majority of tech executives (96%) agreeing that FinOps is important to their cloud strategy, only 9% have a mature FinOps practice. These numbers remain fairly consistent with findings from the 2022 survey.
The biggest FinOps challenges include reducing cloud costs (50%) and forecasting cloud spend (47%). Only 19% of respondents reported that they have been able to make the most of discounted cloud purchase options.

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