Spending on cloud-based and on-prem collaboration technologies grew to nearly $15 billion in Q2 2022, an 8% quarterly bump compared to the same period last year, according to a Synergy Research Group report released Tuesday.
Companies decreased the proportion of collaboration investment in on-prem, doubling down on cloud-based “as a Service” technologies. On-prem spend accounted for just 20% of the $15 billion, while nearly half went to a small group of high-growth, in-demand services, including service-based unified communication, contact center and communications platform technology, the report said.
