The global and independent platform for the SAP community.

Cloud Complexity Report 2023

CFOs look skeptically at cloud projects for cost savings, according to new study from NetApp.
E-3 Magazine
July 5, 2023
avatar
This text has been automatically translated from German to English.

Budget constraints and multicloud challenges increase pressure

NetApp, a global cloud- and data-focused software provider, releases the Cloud Complexity Report 2023, a global study that shows that issues of proprietary data sovereignty, ESG, and sustainability are driving the need for complex multicloud environments. Yet cloud investments are increasingly questioned in many organizations, and concerns about the cloud are reaching new heights. Rising skepticism about the financial value of cloud investments is highest among European respondents in Germany and the United Kingdom: In both countries, 81 percent of respondents say their management is skeptical to extremely skeptical that it can realize cost savings with the cloud.



"The hybrid multicloud has become an integral part of the IT infrastructure in many companies - it offers enormous opportunities, but also brings with it challenges.


Peter Wüst,
VP and Managing Director Germany, NetApp

The costs of cloud projects are a particularly frequent topic of discussion among managers in Germany: Well over half of those surveyed (57 percent) state that costs are discussed critically frequently or every time when it comes to potential cloud applications and investments in this area. This is hardly surprising: CFOs are sensitive to and on the lookout for cost savings, especially in times of declining budgets. However, companies see important factors in considering the cloud as a necessary part of their IT infrastructure. In Germany, data sovereignty has comparatively little influence on multicloud strategies, but German companies are particularly likely to view the cloud as an important component in achieving their ESG and sustainability goals. For example, 78 percent of respondents from Germany said that their cloud strategy plays an important role in reducing their carbon footprint - the highest figure worldwide.

avatar
E-3 Magazine

Information and educational outreach by and for the SAP community.


Write a comment

Working on the SAP basis is crucial for successful S/4 conversion. 

This gives the Competence Center strategic importance for existing SAP customers. Regardless of the S/4 Hana operating model, topics such as Automation, Monitoring, Security, Application Lifecycle Management and Data Management the basis for S/4 operations.

For the second time, E3 magazine is organizing a summit for the SAP community in Salzburg to provide comprehensive information on all aspects of S/4 Hana groundwork.

Venue

More information will follow shortly.

Event date

Wednesday, May 21, and
Thursday, May 22, 2025

Early Bird Ticket

Available until Friday, January 24, 2025
EUR 390 excl. VAT

Regular ticket

EUR 590 excl. VAT

Venue

Hotel Hilton Heidelberg
Kurfürstenanlage 1
D-69115 Heidelberg

Event date

Wednesday, March 5, and
Thursday, March 6, 2025

Tickets

Regular ticket
EUR 590 excl. VAT
Early Bird Ticket

Available until December 20, 2024

EUR 390 excl. VAT
The event is organized by the E3 magazine of the publishing house B4Bmedia.net AG. The presentations will be accompanied by an exhibition of selected SAP partners. The ticket price includes attendance at all presentations of the Steampunk and BTP Summit 2025, a visit to the exhibition area, participation in the evening event and catering during the official program. The lecture program and the list of exhibitors and sponsors (SAP partners) will be published on this website in due course.