HashiCorp Releases State of Cloud Strategy 2022 Survey;

SAN FRANCISCO, Aug. 04, 2022 (GLOBE NEWSWIRE) — HashiCorp, Inc. (NASDAQ:HCP), a leading provider of multi-cloud infrastructure automation software, today released its 2022 Cloud Strategy Status Survey showing the significant business impacts of using a multi-cloud infrastructure and the focus on centralized cloud platform teams to help achieve these results.

This year’s survey highlights the growing prevalence of multi-cloud and shows how organizations benefit from a multi-cloud strategy as they apply a common cloud operating model to leverage the cloud. The findings also highlight that cloud security, skills gaps, siled teams, and inconsistent workflows are among the most common challenges hampering multi-cloud operations.

Main conclusions

  • 81% choose multicloud: 60% of respondents already use multi-cloud infrastructures, and an additional 21% say they will in the next 12 months.
  • 90% say multicloud works: Of those who have already taken a multi-cloud approach, the vast majority say it is already helping their organization advance or achieve business goals.
  • 86% rely on cloud platform teams: Organizations have identified the need for a centralized group such as a cloud platform team or a cloud center of excellence (CCoE) to operationalize their cloud efforts with common practices across their organization.
  • 94% spend too much in the cloud: Almost all respondents noted avoidable cloud spend. The main reasons for this overspending were idle or underutilized resources, overprovisioned resources, and lack of necessary skills.
  • Skills shortages rank first among multi-cloud barriers: Respondents noted that skills shortages exacerbate security risks, drive avoidable cloud spend, and hamper the organization’s ability to operationalize multi-cloud.

According to survey results, multi-cloud is now the de facto standard for enterprise infrastructure, with key drivers of this cloud adoption strategy being reliability, digital transformation, scalability, security and governance. However, organizations still struggle with operational complexity in multi-cloud environments. As a result, organizations report implementing centralized functions, such as a cloud platform team or cloud center of excellence (CCoE), which are responsible for a variety of key tasks, including service standardization cloud, creating best practices and operational policies, and centralizing security.

Almost all respondents said their organization had incurred avoidable cloud spend, and one in four organizations said they had exceeded their planned annual cloud spend. Factors contributing to avoidable cloud spend were idle or underutilized resources, over-provisioning of resources, lack of necessary skills, or manual containerization. Only 6% of respondents said they have no avoidable cloud spend.

“Looking at this year’s State of Cloud Strategy survey, we see the generational shift that the cloud represents for technology, organizational design, and the delivery process,” said Armon Dadgar, co-founder and CTO, HashiCorp. “The number of organizations benefiting from multi-cloud has almost doubled compared to last year, and the majority of organizations now have a centralized cloud team. This centralized expertise allows them to operationalize at scale and benefit from their cloud strategies. Unsurprisingly, we’ve seen skills shortages top the list of cloud blockers, reinforcing the need for cloud platform teams and infrastructure and security automation tools.

Survey methodology
For our second annual State of Cloud Strategy survey, we asked Forrester Consulting to expand our respondent universe beyond the HashiCorp contact database and add independent analysis. Forrester conducted an online survey of 1,039 technical practitioners and decision makers across North America; Europe, Middle East, Africa and Asia-Pacific. Respondents work in companies with 1,000 or more employees in a variety of industries.

Resources
Survey on the state of HashiCorp’s cloud strategy
Forrester Consulting Study: Unleash the operational potential of multicloud
HashiCorp Blog: HashiCorp State of Cloud Strategy 2022 Survey: Multi-Cloud Works

About HashiCorp
HashiCorp is a leader in multi-cloud infrastructure automation software. The HashiCorp software suite enables organizations to adopt consistent workflows and create a system of record to automate cloud: infrastructure provisioning, security, networking, and application deployment. HashiCorp’s product portfolio includes Vagrant™, Packer™, Terraform®, Vault™, Consul®, Nomad™, Boundary and Waypoint™. HashiCorp offers products as open source, enterprise, and managed cloud services. The company is headquartered in San Francisco, though most HashiCorp employees work remotely, strategically located around the world. For more information, visit hashicorp.com or follow HashiCorp on Twitter @HashiCorp.

All product and company names are trademarks or registered trademarks of their respective holders.

HashiCorp Media & Analyst Contact
Kate Lehman
[email protected]

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