SoftwareOne research claims that more than 93 per cent of IT leaders are under pressure to make budgets stretch.
While the world+dog is told to focus on improving cloud cost management and driving down increasing technical debt, 72 per cent of CIOs felt they needed to catch up.
A lot of the issues with cloud costs stem from some of the rushed decisions made during the pandemic, with a number of users admitting they needed more time to optimise workloads before migration, with many miscalculating the budget needed and dealing with an overspend since.
Now they are faced with cutting cloud costs and keeping a lid on rising technical debt, and reduce their ongoing reliance on legacy on-premise systems.
SoftwareOne senior vice-president of cloud and application services Craig Thomson said: “Businesses are dealing with an uncertain economic environment, which makes planning big IT transformations a challenge. Yet organisations need to move to the cloud and modernise legacy applications to remain competitive.”
“We’re seeing a real need for a combination of innovation with optimisation. Our clients are looking for pragmatic step-by-step transformation initiatives, rather than wholesale megalithic projects that can be hard to get approved when budgets are under pressure,” he added.
One sweet spot the channel could help to deliver are tools and services that help with cloud cost transparency. The research also indicated that even with ongoing economic pressures, many users will continue to invest in application modernisation and security over the course of 2023.
There have been some warnings sounded in the channel about the dangers for customers of accruing technical debt through stalling investments.
