Wasabi’s Hot 2023 Predictions for the Cloud

Despite continued positive growth across the market overall, 2022 was a turbulent year for cloud IT services. Coming out of the fog of the pandemic, and faced with new macroeconomic uncertainty due to the war in Ukraine, rising inflation, energy prices, and the threat of recession; many organizations reevaluated their cloud IT spending during 2022 with a conservative eye. A renewed focus on cost and efficiency meant many organizations began to scrutinize relationships with their SaaS, PaaS, or IaaS providers, to ensure their cloud journey was not just delivering business value, but doing so in a manner that is cost-efficient, predictable, and sustainable over the long-term. Join Wasabi cloud experts David Friend, CEO and Co-Founder, and Andrew Smith, Senior Manager of Strategy & Market Intelligence, to gain a better understanding of how these changes affected the cloud storage market in 2022, and what impact these trends will have on the industry in 2023. What you will learn: How recession fears are catalyzing change among cloud hyperscalers and buyer decision making How cloud storage is changing the traditional 3-2-1 backup strategy The changing role cloud will play in preventing cyber threats How sustainability and environmental responsibility continue to creep into the cloud lexicon