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Oracle Opens First Cloud Region in the Nordics

Assessing your cloud strategy after COVID

Is the cloud still the perceived panacea that delivers cost reductions, efficiency gains and a platform for businesses to thrive post-COVID? According to research from Virtana, 72% of enterprises have moved one or more applications from the public cloud back on-premises.  The top reasons for the change included the applications should not have been moved to a public cloud in the first place (41%), technical issues associated with public cloud provisioning (36%), degradation of performance (29%), and unexpected cloud costs (20%). As the cloud has become a vital component of almost every business IT infrastructure – especially since COVID-19 took hold – many enterprises that rushed their expansion of hosted applications are now re-evaluating how they create, manage and deploy cloud services.

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