The Spanish cloud market will reach 2,875 million

Cloud operating models continue to be the predominant approach among Spanish organizations during this 2022, mainly due to the relevance that these models represent in digital transformation initiatives. In fact, according to the recent study “Cloud and data resilience: Key aspects in the new IT context” of IDC Spain sponsored by Evolutio, the Spanish cloud market could reach 2,875 million euros by 2022, with a compound annual growth rate of 21.9% between 2021 and 2025. It is significant that, of the total spending on digital transformation initiatives in 2021, 24% already corresponded to solutions cloud.

This is mainly due to the fact that companies are increasingly responding to the dynamics of the digital economy, where the priority is in the search for business agility and resilience through the deployment of various digital technologies enabled by multiple distributed clouds. hybrid architectures.

According to the European survey Future Enterprise Resiliency and Spending Survey According to IDC, nearly half of the Spanish organizations interviewed are investing in multiple cloud strategies, allocating capabilities and resources across various clouds, which reinforces the trend that this is a market that is growing in all segments (IaaS, PaaS and SaaS).

Additionally, 32% intend to seek a frictionless experience across multiple clouds, without worrying about the location of data and applications, and most importantly, achieving maximum business impact through secure data access, using a wide range of resources that enable greater agility and resilience. On the other hand, only one in ten Spanish companies adopts a simple approach in which, through a single platform, they expect to access a wide range of services to satisfy the demand of different stakeholders in their organizations.

The Spanish cloud market could reach 2,875 million euros by 2022, with a compound annual growth rate of 21.9% between 2021 and 2025

For its part, the public cloud market is also growing rapidly in Spain. According to the data revealed by IDC in the paper “Cloud and data resilience: Key aspects in the new IT context”sponsored by Evolutio, this segment could reach 5,143 million euros by 2025, with a compound annual growth rate of 21.9%. The reason is that the public cloud is the most popular and common environment for deploying business applications and services in a cost-effective, easy-to-use, and scalable way.

However, organizations are not only moving their workloads from on-premises environments to the public cloud, they are also looking for multiple cloud options, be it public, private, hybrid, multi-cloud or containers, depending on their operational requirements. and regulatory.

Hybrid Cloud: the most demanded bet

Hybrid cloud management will emerge as a major investment area for European organisations. And to achieve a proper cloud cost management policy that aligns with your business strategies, the implementation of FinOps and CloudOps capabilities is starting to take off. These cloud management capabilities help deliver cost optimization, availability, flexibility, unified security, policy-based management, data mobility, and operational excellence. In relation to this, cost control is essential to maintain the growth of the organization, especially when it comes to generating the resilience that allows navigating times of geopolitical and economic uncertainty such as the current ones.

For these reasons, the cloud Hybrid is being predominant in organizations because it precisely helps address those needs.

“The current landscape is highly changing and uncertain, which is why organizations are opting for hybrid cloud options. Thus, companies can incorporate resilience and agility into their processes and operations, improving their planning and acquiring all the necessary capabilities to face different scenarios, including disruptions that affect their most critical processes”comments Jacinto Cavestany, CEO of Evolutio.

Data resiliency a priority

Digital resilience is vital for organizations to quickly adapt in a volatile, uncertain, complex and ambiguous (VUCA) world. As organizations’ reliance on data to drive digital business models increases, data resiliency is becoming a strategic imperative for the CIO. According to IDC, European organizations cited customer satisfaction and operational efficiency as their top two business priorities, both of which depend on strong data resiliency.

Data integrity and quality, data availability, cross-cloud data protection, data mobility, and cyber resiliency are the top 5 capabilities organizations seek to develop to ensure information resiliency. This indicates that almost every aspect of the data lifecycle must be robust to achieve such resiliency.

From a data management perspective, unified cloud protection is required that provides the ability to move data across hybrid multi-cloud environments and the ability to recover from cybersecurity attacks such as ransomware. From a data strategy perspective, organizations are looking to improve data capabilities, access, quality, and availability to ensure data resiliency.