87% plan to accelerate cloud migration post COVID-19

New research has revealed that 87 per cent of companies are planning to accelerate their cloud migration in a post-Coronavirus world.

A survey of 500 global IT decision makers based in the UK, US, Australia and New Zealand by infrastructure monitoring firm LogicMonitor, found that nearly three quarters (74 per cent) of respondents believe that, within the next five years, up to 95 per cent of all workloads will be in the cloud.

More than a third (37 per cent) of respondents in the Asia Pacific region said that 95 per cent of workloads will reach the cloud by 2022, compared with 35 per cent of respondents from North America and 30 per cent of UK respondents.

The research paints a different picture of attitudes to cloud migration than research conducted by LogicMonitor in 2017, when 13 per cent of IT professionals did not believe the shift to fully cloud-based workloads would ever happen, while 62 per cent said it would take at least five years to reach 95 per cent of workloads running in the cloud.

Global IT decision makers anticipate a decline in on-premises workloads over the next five years amidst accelerating shifts to the cloud, according to the research. Prior to COVID-19, 35 per cent of workloads resided on-premise, according to survey respondents. However, by 2025, they believed only 22 percent of workloads will reside on-premise - a drop of 13 per cent.

Survey respondents also stated that workloads will remain evenly split between private and public clouds, even though more workloads overall will migrate to the cloud.

Prior to the pandemic, global IT decision makers identified 23 per cent of workloads as residing in the public cloud, and 25 per cent in the private cloud. By 2025, these same decision makers believe 28 per cent of workloads will reside in the public cloud, and 30 per cent in the private cloud.

Tej Redkar, chief product officer at LogicMonitor, said: “It is clear that organisations are hastening their cloud migration during the crisis, as the cloud is enabling them to operate remotely now while also serving as the foundation for digital transformation and ongoing innovation.”

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