Hybrid Enterprise Cloud Services 2023–2024 Market Insights™

February, 2024

This report identifies key demand-side trends in the hybrid enterprise cloud services space, helping enterprises fine-tune their hybrid cloud management strategies. It provides an overview of key trends and enterprise challenges that Avasant sees as important to be highlighted in the hybrid enterprise cloud services space.

Why read this Market Insights?

In the face of economic challenges and a mature cloud market, enterprises seek provider support to optimize costs and efficiently distribute workloads across varied cloud environments. They are aiming to achieve business advantages while staying current with evolving cloud technology and prioritizing security, sustainability, and innovation.

The Hybrid Enterprise Cloud Services 2023–2024 Market Insights™ aids enterprises in identifying important market trends and challenges for any hybrid enterprise cloud services projects they take part in.

Methodology

The industry insights presented in this report are based on our ongoing interactions with enterprise CXOs and other key executives; targeted discussions with service providers, subject matter experts, and Avasant Fellows; analyst insights from primary and secondary research; and lessons learned from consulting engagements.

Table of contents

About the report (Page 3)

Executive summary (Pages 4–7)

    • Defining hybrid enterprise cloud (HEC) managed services
    • Key hybrid enterprise cloud services trends shaping the market
    • Avasant recognizes 26 top-tier providers supporting the enterprise adoption of hybrid enterprise cloud services

Demand-side trends (Pages 812)

    • Enterprises are aiming to boost security and compliance for critical workloads in the hybrid cloud.
    • Enterprises are leveraging generative AI for multiple use cases in solution development across the cloud life cycle.
    • Enterprises are seeking solutions to reduce their cloud computing costs.
    • Enterprises are aiming to drive sustainability through hybrid cloud transformation.

Key contacts (Page 13)


Read the Research Byte based on this report.

Please refer to Avasant’s Hybrid Enterprise Cloud Services 2023–2024 RadarView™ for detailed insights on the service providers and supply-side trends.


 

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DISCLAIMER:

Avasant’s research and other publications are based on information from the best available sources and Avasant’s independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.

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