CIOs are faced with the challenge of sifting through the hype surrounding the cloud stratosphere and determining which technologies are best suited for their business needs. Global end-user spending on public cloud services is expected to increase by 20.7% to reach $591.8 billion in 2023. Cloud services provide companies with access to tech resources, allowing for quicker innovation, resource allocation flexibility, cost savings, and scalability. CIOs have to consider various options when devising their company’s cloud strategy, such as migrating to an industry cloud, opting for specialized cloud environments, or laying the groundwork for a future-proof network.
