Cloud Hyperscalers: A Critical – But Not the Only – Building Block of Enterprise IT

Enterprise cloud consumption has experienced a dramatic shift, from a skeptical outlook toward public cloud to going all in on the public cloud, in recent years. More than 90% of enterprises already leverage one or more public clouds in their enterprise environment. COVID-19 has further accelerated enterprise migration to the public cloud, with most enterprises reaping business continuity benefits during the pandemic.

Cloud adoption has experienced a spike for products across compute, storage, applications, data & analytics, Internet of Things (IoT), and blockchain. Leading hyperscalers have also undertaken several initiatives to help customers ensure business continuity in the areas of remote work & learning, research, and other initiatives. This has led to a proliferation of hyperscaler offerings, which, coupled with management complexities and a talent crunch, are pushing enterprises to seek third-party support.