Monday, June 24, 2024
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Cloud numbers don’t add up

It’s typical for analysts and press to get out in front of demand for a given technology, but with cloud we may be outdoing ourselves. In a recent O’Reilly survey, 30% of respondents said they’re fully cloud native already, with another 17% saying they’ll get there within the next two years (and 20% more say they’ll be cloud native in roughly three years). Sounds amazing, right? Actually, it sounds impossible. Cloud spending still accounts for just 6% of total IT spending, according to analyst firm IDC.

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