New research published this week by the IBM Institute for Business Value found that most enterprises — 85 percent — already operate in multicloud environments. And most of those that don’t currently use multicloud plan to soon. By 2021, 98 percent of companies plan to use multiple hybrid clouds.
Of the 1,016 executives from 19 different industries surveyed, about two-thirds (66 percent) said multicloud is crucial to reducing costs. Yet a considerable number of companies lack the tools and processes for effective multicloud management. The survey found: