Report

Cloud Evolution for Technology and Telecom: Mandate to Modernize

Cloud Evolution for Technology and Telecom: Mandate to Modernize

Pages 6 Pages

This report analyzes how tech and telecom sectors are modernizing through multicloud and platform engineering strategies. Based on a survey of 532 executives, it finds that 73% of tech/telco firms use reusable component libraries for cloud management and 43% employ FinOps for cost control. While leading in data quality and governance, the sectors remain cautious with GenAI adoption due to security risks. The report concludes that success depends on agile cloud ecosystems and strong governance.

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