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HomeCloud ComputingCloud trends 2023: Cost management surpasses security as top priority

Cloud trends 2023: Cost management surpasses security as top priority

As cloud usage grew over the past decade, one trend among cloud users remained constant: Security held steady as the top challenge for users. That focus is shifting.

For the first time, since Flexera began its annual survey of cloud decision-makers, security was not the top challenge reported by respondents. As revealed in the Flexera 2023 State of the Cloud Report, released on March 8, 2023, 82% of respondents from across all organizations indicated that their top cloud challenge is managing cloud spend, edging out security at 79%.

These shifting challenges may be the result of organizations becoming increasingly comfortable with cloud security, while needing to manage the greater spend associated with their increased reliance on cloud services. Lack of resources or expertise was reported as a top cloud challenge by 78% of respondents, making it the third major cloud challenge for today’s businesses.

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