The pandemic is rapidly accelerating enterprise adoption of digital technologies, particularly cloud solutions – projects that are expected to take years are being completed in just weeks or months. One report by Markets and Markets found that the cloud market size is expected to grow from USD 233 billion in 2019 to USD 295 billion by 2021 at a Compound Annual Growth Rate (CAGR) of 12.5% during the forecast period.
With most organisations embracing cloud infrastructure, some of these risks are mitigated to a certain extent. However, cloud also brings in its own set of risks that organisations need to address.
