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asabi Technologies has
W released the findings of its global cloud storage index , focused on the media and entertainment ( M & E ) industry . The survey , commissioned by Wasabi Technologies and conducted by Vanson Bourne , seeks to uncover the changing attitudes amongst IT leaders in M & E organisations towards public cloud storage adoption , the factors that influence storage buying decisions and the top priorities when it comes to budget , use cases , security and cloud data migration . Survey findings highlighted that while M & E organisations are still relatively new to cloud storage ( 69 % of respondents had been using cloud storage for three years or less ), public cloud storage use is on the rise , with 89 % of respondents looking to increase ( 74 %)
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or maintain ( 15 %) their cloud services . M & E respondents said they allocate 13.9 % of their IT budgets to public cloud storage services , on average . However , overdrawn budgets due to hidden fees , alongside cybersecurity and data loss concerns , remain problematic for M & E organisations .
“ While complex fee structures and cybersecurity concerns remain obstacles for many M & E organisations , planned increases in cloud storage budgeting over the next year – combined with a very high prevalence of storage migration from on-premises to cloud – clearly shows the M & E industry is embracing and growing their cloud storage use year on year ,” said Andrew Smith , Senior Manager of Strategy and Market Intelligence , Wasabi Technologies , and a former IDC Analyst .
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Data security requirements were one of the top reasons why M & E organisations were choosing a multicloud strategy . M & E organisations are concerned about cybersecurity and data loss :
• M & E respondents increasing their public cloud storage budgets in the next 12 months cited new data security , backup and recovery requirements as the top reason driving the increase , compared to the global average where security ranked third .
• Almost half ( 45 %) of M & E organisations reported using more than one public cloud provider . Data security requirements were one of the top reasons why M & E organisations were choosing a multi-cloud strategy , ranking a close second ( 44 %) to different buying centres within the organisation making their own purchase decisions ( 47 %).
• The top three biggest security concerns M & E organisations have with public cloud include :
• Lack of native security services ( 42 %)
• Lack of native backup , disaster and data protection tools and services ( 39 %)
• Lack of experience with cloud platform or adequate security training ( 38 %) u
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