HG Insights recently released its latest report on the 2023 Infrastructure as a Service (IaaS) market and revealed significant insights into a highly competitive industry. The report, gleaned from proprietary data on over 7 million cloud buyers worldwide and the 67.6 million cloud applications currently deployed, was conducted by HG Insights’ Global Sensor Network.
As enterprises of all sizes try to secure their users, applications, and data across cloud resources, worldwide cloud spend has increased to 68% of total external IT spend. And as more businesses migrate to the cloud, multiple security companies are vying to become the first comprehensive cloud-native application protection platform or CNAPP.
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In the hotly-contested cloud market, Microsoft Azure, Amazon AWS, and Google Cloud Platform each have a large share of the market. The “Cloud Wars” continue
Regardless of industry, geography, or market, businesses must be able to observe the cost, performance, and efficacy of every one of their software applications. The
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