Global corporate spending on cloud migration rose 14% year-over-year in the third quarter, driven by enterprise demand for hybrid edge architectures. As data volumes increase, firms are re-evaluating single-cloud strategies in favor of decentralized models.
Infrastructure Diversification
Chief Information Officers report that latency demands and data sovereignty regulations are forcing a pivot away from centralized public clouds. Multi-cloud deployments now represent 68% of enterprise IT footprints, up from 52% two years ago.