High-maturity cloud companies, defined by their adoption of best practices and technological and operational best practices at scale, have boosted their cloud investments despite macroeconomic pressure, resulting in better business outcomes such as cost savings, improved security posture, and operational efficiency. The 2023 HashiCorp State of Cloud Strategy Survey found that high-maturity organizations were more likely to increase their cloud spending, reap the benefits of their efforts, and less likely to suffer from "cloud waste". The survey also highlighted the importance of automation, platform teams, security, and organizational best practices in maximizing multi-cloud business goals and benefits.