State of Hybrid Cloud Storage: January 2023

At the end of 2022, Virtana worked with an independent research company to survey 350 IT leaders and assess their hybrid/multi-cloud environments, costs, habits, challenges, and more.

When it comes to hybrid cloud storage: 94% of IT leaders report their cloud storage costs are rising and 54% confirm their storage spend is growing faster than overall cloud costs.

The survey results confirm that cloud storage costs continue to rise while also showing there is no single prevailing strategy to decide what storage to put in the cloud and what to keep on premises. Overall, respondents are evenly split with 33% relying on their team’s knowledge and expertise, 33% using automated third-party tools, and 31% taking recommendations from their cloud service provider (CSP).